About Open Systems Technologies
Open Systems Technologies is a company based in Grand Rapids (United States) founded in 1997 was acquired by Koniag in October 2013.. Open Systems Technologies has completed 2 acquisitions, including Azul Seven and Stratum Technology. Open Systems Technologies offers products and services including Digital Product Development, IT Architecture, and Strategy Consulting. Open Systems Technologies operates in a competitive market with competitors including EXL, Dun & Bradstreet, Tredence, eClerx and Artefact, among others.
- Headquarter Grand Rapids, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Azul Seven
& 1 more
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Acquired by
Koniag
(Oct 09, 2013)
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Products & Services of Open Systems Technologies
Open Systems Technologies offers a comprehensive portfolio of products and services, including Digital Product Development, IT Architecture, and Strategy Consulting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for building and designing digital products for organizations
Optimization of systems and platforms for better organizational efficiency
Guidance on digital strategy and organizational governance
Funding Insights of Open Systems Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investors in Open Systems Technologies
Open Systems Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Koniag. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Advocates for Alaskan Natives via investments, shareholder benefits, and cultural connections.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Open Systems Technologies
Open Systems Technologies has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Azul Seven and Stratum Technology. 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 |
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Strategy consulting services are provided to clients.
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2007 | ||||
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A suite of IT service solutions is provided by Stratum.
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2007 |
| 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 Systems Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Systems Technologies Comparisons
Competitors of Open Systems Technologies
Open Systems 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 EXL, Dun & Bradstreet, Tredence, eClerx and Artefact, 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 |
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Analytics and digital solutions for healthcare and banking are provided.
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Financial analysis and risk assessment solutions are provided to businesses.
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AI consulting, supply chain, and customer analytics services are provided.
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Provider of business processes, change management, analytics, and data-driven insights services
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Digital marketing services provider
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Data-driven marketing, analytics, and digital commerce solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Systems Technologies
Frequently Asked Questions about Open Systems Technologies
When was Open Systems Technologies founded?
Open Systems Technologies was founded in 1997.
Where is Open Systems Technologies located?
Open Systems Technologies is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
What does Open Systems Technologies do?
Open Systems Technologies was founded in 1997 and is headquartered in Grand Rapids, United States. Operations span the technology and design sector, with services encompassing application development, data analytics, IoT solutions, managed services, and data center modernization. These offerings support industries including healthcare, manufacturing, finance, public sector, and cloud providers. Key clients served include Boeing, NASA, Pfizer, Volkswagen, Thomson Reuters, and Johnson Controls.
Who are the top competitors of Open Systems Technologies?
What products or services does Open Systems Technologies offer?
Open Systems Technologies offers Digital Product Development, IT Architecture, and Strategy Consulting.
How many acquisitions has Open Systems Technologies made?
Open Systems Technologies has made 2 acquisitions, including Azul Seven, and Stratum Technology.
Who are Open Systems Technologies's investors?
Open Systems Technologies has 1 investor. Key investors include Koniag.