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.
Sherwin-Williams (SHW) reported ~$23.1B revenue in FY2024. World's largest paint and coatings company owning Sherwin-Williams, Valspar, and Dutch Boy brands with 5,000+ company stores. HQ: Cleveland.
The Sherwin-Williams Company is the world's largest paint and coatings manufacturer, producing architectural paints, industrial coatings, automotive finishes, and protective coatings sold under brands including Sherwin-Williams, Valspar, Dutch Boy, Minwax, Cabot, and Thompson's WaterSeal. Founded in Cleveland in 1866 by Henry Sherwin and Edward Williams, the company operates approximately 5,000 company-owned paint stores in the Americas — a direct distribution model that gives it unmatched reach to professional painting contractors who value same-day product availability and technical support.
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