Side-by-side comparison of AI visibility scores, market position, and capabilities
Inductive Automation makes Ignition, the leading SCADA and industrial application platform used by manufacturers and utilities to visualize and control operations.
Inductive Automation is a Folsom, California-based industrial software company that develops Ignition — an integrated SCADA, HMI, MES, and industrial application development platform that has become one of the most widely deployed industrial automation software platforms in North America and is rapidly expanding globally. Ignition's commercial model — a server-based license that includes unlimited clients, unlimited tags, and unlimited historical data without per-node or per-tag licensing fees — disrupted the traditional SCADA licensing model of major automation vendors like Wonderware and iFix, which charged by the number of data points and client connections, creating licensing costs that scaled proportionally with plant size and modernization scope. Inductive Automation's flat-rate model made comprehensive SCADA implementations economically viable for mid-size manufacturers and dramatically reduced the cost of expanding existing systems.
Launched Mar 2026 backed by TPG with $300M+ combined revenue. Combines GE Vernova's Proficy, Kepware, and ThingWorx into one independent industrial software platform. Led by ex-PTC CEO.
Velotic is a new industrial software company launched in March 2026 under TPG private equity backing, formed by combining three leading industrial technology platforms: Proficy (GE Vernova's manufacturing execution system), Kepware (industrial connectivity), and ThingWorx (IIoT application platform). The combined entity launches with $300 million+ in annual revenue serving global manufacturing, oil & gas, utilities, and infrastructure customers. James Heppelmann, former CEO of PTC (the industrial software company he grew from $1B to $2B+ in revenue), leads Velotic as CEO.
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