Skkynet is a profitable, fast growing industrial software company with a proven software product in use at the world's most innovative and well-known enterprises. OEM relationships with hardware and software providers include Siemens, General Electric and Metso Outotec, and the company is a certified AVEVA technology partner.
Cyborg Score Rationale
Skkynet has a strong competitive position with 25+ years of industry tenure, 27,000+ global installations, and blue-chip customers. However, OTC listing indicates limited visibility, and trailing twelve-month revenue of $2.56M (as of July 2025) raises profitability concerns despite profitability claims. Micro-cap status ($32.6M market cap) suggests execution risk.
Top Insights
Deep enterprise penetration: 27,000+ installations across 86 countries serving Siemens, ABB, General Mills, Fortum, BASF, and major global industrial players
Multi-vertical diversification: Serves aerospace, chemical, energy, financial, manufacturing, natural resources, and 10+ other sectors, reducing customer concentration risk
Strategic OEM partnerships: Relationships with Siemens, GE, Metso Outotec and AVEVA partnership signal industry validation and distribution leverage
OTC micro-cap positioning: $32.6M market cap on OTC raises liquidity and institutional investor accessibility concerns despite operational maturity
Named Competitors
FactoryTalk — Industrial automation and control software
Kepware — Industrial connectivity and data acquisition platform
Enterprise Messaging — Real-time data integration and messaging middleware
EcoStruxure — Industrial IoT and digital transformation software
Recent Developments
(February 2026) Attended ProveIT! 2026 conference in Dallas, TX
(2024-2025) Board appointments including Lee Tedstone, Shaunna Balady; Gary Tillery as CEO
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