HMS Networks Competitors and Similar CompaniesClear all

HMS Networks's competitors and similar companies include Corinex, Maverick Technologies, MAX Automation, Particle, C3.ai, ThingWorx and Ayla Networks.

	HMS Networks HMS Networks is a company that provides communication technology for industrial automation equipment.	Corinex Corinex Communications is a company that provides digital grid reinforcement through digital capacity infrastructure.	Maverick Technologies MAVERICK Technologies is a process automation and industrial control solutions provider operated by Rockwell Automation.	MAX Automation MAX Automation is an investment holding company.	Particle Particle is a company that develops an IoT platform that enables businesses to manage and deploy software applications to connected devices.	C3.ai C3.ai is a company that develops enterprise AI solutions.	ThingWorx ThingWorx is a brand operated by PTC that offers an Internet of Things (IoT) application platform for industrial enterprises.	Ayla Networks Ayla Networks is a company that develops smart connected products.
Founding Date	Founding Date 1988	Founding Date 1999	Founding Date 1999	Founding Date 1990	Founding Date 2012	Founding Date 2009	Founding Date 2009	Founding Date 2010
Type	Type Public	Type Private	Type Subsidiary	Type Public	Type Private	Type Public	Type Subsidiary	Type Private
Tags	Tags Technology automation communication equipment connectivity internet of things monitoring	Tags Mobile & Telecommunications broadband communication equipment connectivity	Tags Technology automation systems integrator	Tags Financial Services financial management holding company management consulting	Tags Technology cloud compliance connectivity internet of things platform	Tags Technology artificial intelligence developer tools enterprise software platform	Tags Technology artificial intelligence augmented reality internet of things platform	Tags Technology cloud connectivity enterprise software internet of things sensors
Locations	Locations Hamstad, SE HQ Nivelles, BE Mulhouse, FR Pune, IN Agrate Brianza, IT Yokohama, JP Singapore, SG see more	Locations Vancouver, CA HQ	Locations Milwaukee, US HQ Machelen, BE Baton Rouge, US Benton Harbor, US Cary, US Charlotte, US Columbia, US see more	Locations Hamburg, DE HQ Diepenbeek, BE Su Zhou Shi, CN Bad Marienberg (Westerwald), DE Düsseldorf, DE Ellwangen (Jagst), DE Monschau, DE see more	Locations San Francisco, US HQ Hong Kong, HK Cheltenham, GB	Locations Redwood City, US HQ Sydney, AU Paris, FR Munich, DE Bengaluru, IN Rome, IT Zapopan, MX see more	Locations Boston, US HQ	Locations San Jose, US HQ Shenzhen, CN Bengaluru, IN London, GB
Employees	Employees 1,056	Employees 73	Employees 2472% decrease	Employees 1,547	Employees 1171% increase	Employees 1,18133% increase	Employees 407% decrease	Employees 1583% decrease
Valuation ($)	Valuation ($) 2.1 b	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 257.4 m	Valuation ($) N/A	Valuation ($) 3.3 b	Valuation ($) N/A	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) kr3.6b (FY, 2025)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) €334.5m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) $389.1m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) N/A
Cost of goods	Cost of goods kr1.1b (FY, 2025)	Cost of goods N/A	Cost of goods N/A	Cost of goods €157.3m (FY, 2025)	Cost of goods N/A	Cost of goods $153.2m (FY, 2025)	Cost of goods N/A	Cost of goods N/A
Gross profit	Gross profit kr2.5b (FY, 2025)	Gross profit N/A	Gross profit N/A	Gross profit €183.7m (FY, 2025)	Gross profit N/A	Gross profit $235.9m (FY, 2025)	Gross profit N/A	Gross profit N/A
Net income	Net income kr435.2m (FY, 2025)	Net income N/A	Net income N/A	Net income (€4.4m) (FY, 2025)	Net income N/A	Net income ($288.7m) (FY, 2025)	Net income N/A	Net income N/A
Operating ⚠
Backlog	Backlog N/A	Backlog N/A	Backlog N/A	Backlog €298.4m (Q2, 2023)	Backlog N/A	Backlog $44.9m (Q3, 2024)	Backlog N/A	Backlog N/A
Funding
Latest funding round	Latest funding round N/A	Latest funding round N/A	Latest funding round N/A	Latest funding round N/A	Latest funding round $ 40m (over 6 years ago)	Latest funding round N/A	Latest funding round N/A	Latest funding round $ 60m (over 8 years ago)
Total funding raised	Total funding raised N/A	Total funding raised N/A	Total funding raised N/A	Total funding raised N/A	Total funding raised $ 75.8m	Total funding raised $ 498.8m	Total funding raised $ 5m	Total funding raised $ 124.4m