Side-by-side comparison of AI visibility scores, market position, and capabilities
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.
Aleph Alpha raised €500M+ and pivoted to sovereign AI solutions for European governments, positioning as the leading provider of GDPR-compliant, EU-hosted AI infrastructure for regulated industries.
Aleph Alpha is a German AI company building sovereign AI infrastructure for European governments and enterprises that require data sovereignty, GDPR compliance, and AI hosted within EU borders. Its Pharia AI platform provides LLM capabilities deployed on-premises or in EU data centers, serving German federal ministries, European defense agencies, and regulated industries including banking, healthcare, and legal services.
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