Craft

EDEM Simulation

Total Funding

$5.8 M

Revenue

£3.8 M

FY, 2018

EDEM Simulation Summary

Company Summary

Overview
DEM Solutions develops, markets and sells EDEM® - the leading Discrete Element Method (DEM) software for bulk material flow simulation. EDEM is used for ‘virtual testing’ of equipment that handles or processes bulk materials in the manufacturing of mining, construction, off-highway and agricultural machinery, as well as in the mining and process industries. First released in 2006, EDEM is powered by the Company’s state-of-the-art DEM simulation technology, and it is also the underlying technology platform for EDEM BulkSim® and EDEM Academic™ software. Companies worldwide that handle or process bulk materials such as coal, ores, soil, pellets, and powders deploy EDEM technology to: *optimize equipment design and performance *enhance product innovation *increase productivity and operational efficiencies for greater profitability *improve understanding of complex bulk particle systems Founded in 2003, DEM Solutions is a global company headquartered in Edinburgh (UK) with offices in Boston (USA), Yokohama (Japan) and Shenzhen (China) supporting direct sales in Europe, Americas, Japan, China, and Australia, and channel sales in the rest of the world. DEM Solutions also works with a network of industry-expert engineering service partners worldwide supporting customers in deployment of EDEM simulation technology to address engineering challenges involving bulk particles.
Type
Private
Status
Active
Founded
2003
HQ
Edinburgh, GB | view all locations
Website
http://www.edemsimulation.com/
Cybersecurity rating
Sectors

Key People

  • Andy Bull

    Andy Bull, Chief Technical Officer

    • Ian Williamson

      Ian Williamson, Chief Revenue Officer

      • Gordon Grant

        Gordon Grant, CFO

        LocationsView all

        4 locations detected

        • Edinburgh, Scotland HQ

          United Kingdom

          6th floor, 1 Rutland Ct

        • Boston, MA

          United States

        • Yokohama, Kanagawa

          Japan

        • Seoul, Seoul

          Korea (Republic of)

        EDEM Simulation Financials

        Summary Financials

        Revenue (FY, 2018)
        £3.8M
        Gross profit (FY, 2018)
        £3.1M
        Net income (FY, 2018)
        (£162.4K)
        Cash (FY, 2018)
        £280.7K
        EBIT (FY, 2018)
        (£126.8K)

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