About OPEN MIND Technologies
OPEN MIND Technologies is a company based in Wessling (Germany) founded in 1994.. OPEN MIND Technologies has completed 1 acquisition, including CNC-Consult. OPEN MIND Technologies operates in a competitive market with competitors including CloudNC, Mastercam, Vero S, Cimatron and GibbsCAM, among others.
- Headquarter Wessling, Germany
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
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Social
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- Legal Name Open Mind Cadcam Technologies India Private Limited
- Date of Incorporation 29 Jun, 2010
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$459.38 K (USD)-13.97as on Mar 31, 2022
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Net Profit
$81.54 K (USD)13.48as on Mar 31, 2022
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EBITDA
$130.09 K (USD)13.84as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Sales and Marketing
14 people
Software Development Team
8 people
Product Management Team
8 people
Leadership Team
5 people
Human Resources and Administration
3 people
Ingénieur Team
2 people
Senior Team
1 people
Staff Team
1 people
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Funding Insights of OPEN MIND Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by OPEN MIND Technologies
OPEN MIND Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CNC-Consult. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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CAD/CAM, tool management, and software solutions are provided for industries.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - OPEN MIND Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Open Mind Technologies Comparisons
Competitors of OPEN MIND Technologies
OPEN MIND Technologies 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 CloudNC, Mastercam, Vero S, Cimatron and GibbsCAM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
CNC machines are controlled and optimized through cloud-based AI solutions.
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| domain | founded_year | HQ Location |
CAM software for CNC programming and multi-tool operations is offered.
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| domain | founded_year | HQ Location |
Provider of CAD & CAM software solution
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| domain | founded_year | HQ Location |
3D modeling and CAD/CAM software are supplied for manufacturing processes.
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| domain | founded_year | HQ Location |
CAM software is utilized for CNC machine programming by GibbsCAM.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Open Mind Technologies
Frequently Asked Questions about OPEN MIND Technologies
When was OPEN MIND Technologies founded?
OPEN MIND Technologies was founded in 1994.
Where is OPEN MIND Technologies located?
OPEN MIND Technologies is headquartered in Wessling, Germany. It is registered at Wessling, Bavaria, Germany.
What is the annual revenue of OPEN MIND Technologies?
Annual revenue of OPEN MIND Technologies is $459.38K as on Mar 31, 2022.
What does OPEN MIND Technologies do?
OPEN MIND Technologies AG develops and sells innovative CADCAM solutions that generate optimised NC milling and turning programs for machine tools from digital models. Its product offerings include hyperMILL CAM Software and hyperCAD-S CAD Software. hyperMILL CAM software offers a wide range of machining strategies for the programming of even the most complex workpieces: from 2D, 3D, HSC milling and 5axis simultaneous machining, to mill turning with the millTURN module, to special applications such as impellers, blisks, blades, tubes and tyres. With hyperCAD-S, OPEN MIND has created a CAD application specifically designed for the tasks of an NC programmer. Compared with other CAD systems, hyperCAD-S has a significantly expanded core, including, for example, all of the common toolpaths used in CAM programming. Other highlights of this CAD solution for CAM users include 64-bit architecture, a clearly structured user interface and a comprehensive collection of interfaces.
Who are the top competitors of OPEN MIND Technologies?
How many acquisitions has OPEN MIND Technologies made?
OPEN MIND Technologies has made 1 acquisition, including CNC-Consult.