About ITI
ITI is a company based in Milford Center (United States) founded in 1983 was acquired by Wipro in June 2019. It operates as a SaaS (Software-as-a-Service) and Professional Services. ITI has completed 3 acquisitions, including Glacier Technologies, MechWorks and Proficiency. ITI offers products and services including CADfix, CADIQ, and PLM Migration Solutions. ITI operates in a competitive market with competitors including Onshape, Vention, Intergraph, Tech Soft and DriveWorks, among others.
- Headquarter Milford Center, United States
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name International Technegroup Incorporated
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$642.51 K (USD), Grant
Jan 01, 2017
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Investors
Wipro
& 1 more
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Employee Count
Not available
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Investments & Acquisitions
Glacier Technologies
& 2 more
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Acquired by
Wipro
(Jun 05, 2019)
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Products & Services of ITI
ITI offers a comprehensive portfolio of products and services, including CADfix, CADIQ, and PLM Migration Solutions.
CADfix is used for CAD-to-CAE model conversion solutions.
CADIQ is utilized for CAD model validation and comparison.
PLM Migration Solutions are offered for data management expertise.
Funding Insights of ITI
Investors in ITI
ITI has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Wipro and European Union.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Wipro is recognized as a consulting-led, AI-powered technology services company.
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Investor details for ITI
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- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by ITI
ITI has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Glacier Technologies, MechWorks and Proficiency.
Investment portfolio details for ITI
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Data storage, networking, managed IT, and integration services are provided.
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Digital transformation services are provided by MechWorks to various clients.
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Locked | Locked | 1998 | Locked | |
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Online CAD data translation and migration software is offered.
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Locked | Locked | 1998 | Locked |
Complete acquisition details for ITI
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - ITI
Detailed financials for ITI
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- Historical revenue
- Profit trends
- Statement rows
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Iti Comparisons
Peer comparison for ITI
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Competitors of ITI
ITI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Onshape, Vention, Intergraph, Tech Soft and DriveWorks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based 3D CAD system is accessed via web browsers.
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Modular hardware and software platform for industrial automation is provided.
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Computer-aided design and geospatial intelligence software is supplied for enterprises.
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Provide 3D designing softwares for developers
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Cloud-based software is provided for manufacturing product design and development.
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Turbomachinery design software is developed for fluid-dynamic blade analysis.
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Detailed competitors of ITI
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Iti
Complete news archive for ITI
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- Full article archive
- Source and publication date
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Frequently Asked Questions about ITI
ITI was founded in 1983 and raised its 1st funding round 26 years after it was founded.
ITI is headquartered in Milford Center, United States. It is registered at Milford Center, Ohio, United States.
Tom Gregory is the current CEO of ITI.
ITI, a Wipro Company, is engaged in delivering product data interoperability solutions for manufacturers. The company is focused on PLM solutions, CADCAMCAE software, and interoperability products. Services are provided across various sectors including engineering and manufacturing. Solutions such as CADfix and CADIQ are developed to address complex integration challenges. Enterprise-wide product development software issues are tackled through innovative tools and expertise.
ITI offers CADfix, CADIQ, and PLM Migration Solutions.
ITI has made 3 acquisitions, including Glacier Technologies, MechWorks, and Proficiency.
ITI has 2 investors. Key investors include Wipro, and European Union.