About Paradigm Works
Paradigm Works is a Technology company based in North Andover (United States) founded in 2000 by Michael Hoyt and Jim Crocker. It offers chip development consulting and open-source EDA software to electronics firms globally. It operates on a B2B model. The company has 38 employees. Its chief executive, as recorded, is Michael Hoyt. Its website paradigm-works.com draws about 11 thousand monthly visits. Its Indian entity Paradigm Works India Private Limited reported revenue of ₹2.17 Cr. Paradigm Works offers products and services including Chip Development Consulting Services, Verification IP, and EDA Free Open Source Software. Its focus areas include Semiconductor Tech, Chip Development, Consulting Services and Software.
Company details
Paradigm Works delivers chip development consulting services, Verification IP, and EDA Free Open Source Software to help semiconductor and electronic systems companies reduce costs, accelerate revenue, and minimize risks through expert guidance and tools. The company operates from its headquarters in North Andover, Massachusetts, with additional offices in Austin, San Jose, and Mumbai, serving clients in the technology sector internationally.
- Headquarters North Andover, United States
- Employees 38
- Founders Michael Hoyt, Jim Crocker
- SectorsTechnology
- Website paradigm-works.com
- Social LinkedIn X Facebook
- Legal Name Paradigm Works, Inc.
- Date of Incorporation 01 Mar, 2012
- Indian entity revenue₹2.17 Cr
FY 2024 · +1% YoY
- Indian entity net profit₹25.8 Lakh
FY 2024 · 12% margin
- Indian entity EBITDA₹35.4 Lakh
FY 2024 · 16% margin
- Employee Count38
Associated legal entities of Paradigm Works
Paradigm Works operates through Paradigm Works India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paradigm Works India Private Limited CIN U72100MH2012PTC227531 | Active | 01 Mar 2012 | Mumbai, Maharashtra | ₹2.2 Cr | 3 | View details |
Products & Services of Paradigm Works
Paradigm Works offers a comprehensive portfolio of products and services, including Chip Development Consulting Services, Verification IP, and EDA Free Open Source Software.
Services to reduce costs and risks in semiconductor development.
Tools for chip verification in electronic systems design.
Open-source software for electronic design automation tasks.
Board of directors of Paradigm Works India Private Limited (Paradigm Works)
Paradigm Works India Private Limited is the primary company behind Paradigm Works. The board of Paradigm Works India Private Limited currently have 3 directors; the longest-serving is Jitendra Mukund Apte, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitendra Mukund Apte DIN 02310415 | Director | 01 Mar 2012 | 14 yrs 7 mo | Paradigm Works India Private Limited |
| Michael Hoyt DIN 06388798 | Director | 25 Sep 2012 | 14 yrs 1 mo | Paradigm Works India Private Limited |
| James Grant Crocker DIN 06400167 | Director | 10 Oct 2012 | 14 yrs | Paradigm Works India Private Limited |
People of Paradigm Works
10 people are tracked at Paradigm Works (4 in leadership, 6 in team); the tracked headcount is 38.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Jim Crocker | Co-Founder | Leadership |
Tom Sandoval | Acting Vice President Business Development | Leadership |
Clifford Cummings | Vice President Of Training | Leadership |
Ariel Paling | Principal Engineer | Team |
Reshma Ghosh | Design Verification Engineer | Team |
Jeff Wilcox | Electrical Engineer | Team |
Cristian Soto Wilder | Principal Design Verification Engineer | Team |
Julianne Romero Fife | Design Verification Engineer | Team |
Riley Creps | Design Verification Engineer | Team |
Complete people profiles for Paradigm Works
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Paradigm Works
Figures of Paradigm Works India Private Limited, the primary company behind Paradigm Works, for FY 2024. Revenue was ₹2.17 Cr (+1% year on year). Net profit was ₹25.8 Lakh (12% margin). EBITDA was ₹35.4 Lakh (16% margin). Revenue has grown at a compounded annual rate of +14% over three years and +17% over five years.
- ₹2.17 CrRevenue · FY 2024 · +1% YoY
- ₹25.8 LakhNet profit · 12% margin
- ₹35.4 LakhEBITDA · 16% margin
- ₹1 LakhPaid-up capital
- +14%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Paradigm Works India Private Limited are on its company page.
Detailed financial statements for Paradigm Works
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Paradigm Works
The website of Paradigm Works (paradigm-works.com) receives about 11K visits a month.
- Monthly visits11K
▲ 48.6% vs previous month
Top companies in Semiconductor Manufacturing & Design
3 companies that operate in the same segment as Paradigm Works (Semiconductor Manufacturing & Design) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wafer fabrication equipment for semiconductors is supplied globally. | 1980 | Fremont, California, United States | USD 18.44 B | 19,000 | ||
Thin-film processing equipment is manufactured for LEDs and MEMS. | 1945 | Plainview, Texas, United States | USD 664.29 M | 1,230 | ||
Materials engineering solutions are supplied for semiconductor and electronics industries. | 1967 | Santa Clara, California, United States | USD 28.37 B | 35,700 |
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Frequently Asked Questions about Paradigm Works
Paradigm Works was founded in 2000.
Paradigm Works is headquartered in North Andover, United States. It is registered at North Andover, Massachusetts, United States.
Michael Hoyt is the CEO of Paradigm Works, as recorded in our data. They have also founded this company.
Paradigm Works has 38 employees.
The primary company behind Paradigm Works, Paradigm Works India Private Limited, reported revenue of ₹2.17 Cr for FY 2024, up 1% year on year.
Paradigm Works delivers chip development consulting services, Verification IP, and EDA Free Open Source Software to help semiconductor and electronic systems companies reduce costs, accelerate revenue, and minimize risks through expert guidance and tools. The company operates from its headquarters in North Andover, Massachusetts, with additional offices in Austin, San Jose, and Mumbai, serving clients in the technology sector internationally.
Paradigm Works offers Chip Development Consulting Services, Verification IP, and EDA Free Open Source Software.
Paradigm Works operates through Paradigm Works India Private Limited.
The legal entities of Paradigm Works currently have 3 directors, including Jitendra Mukund Apte, James Grant Crocker, Michael Hoyt.