IQMS Inc.

IQMS Inc. specializes in providing manufacturing ERP solutions that enhance efficiency and visibility for mid-market manufacturers, catering to various industries and geographies. Founded in 1989 and headquartered in Paso Robles, US, IQMS Inc. offers manufacturing ERP solutions tailored for the mid-market.

The company has undergone significant growth, culminating in its acquisition by Dassault Systemes in January 2019, following a TRADE SALE agreement in December 2018. Throughout its history, IQMS has executed three deals, raising a total of USD 425. 00 mn, all of which was secured in the latest funding round. The founder's background includes prior entrepreneurial ventures, establishing a strong foundation for the company's innovative approach to manufacturing solutions.

DELMIAWorks provides a comprehensive end-to-end Manufacturing ERP system specifically designed for mid-market manufacturers. This platform integrates functionalities such as manufacturing execution systems (MES), financial management, quality management, and supply chain management, all with a focus on enhancing shop floor operations. It serves a diverse clientele, from startups needing to upgrade from basic accounting software to larger mid-sized manufacturers requiring improved operational visibility. DELMIAWorks effectively addresses the needs of various manufacturing environments, including process, discrete, and repetitive manufacturing, across regions like North America, Europe, and Asia, with clients in industries such as plastics, metal fabrication, and food and beverage.

DELMIAWorks generates revenue through a subscription-based model, with clients paying for access to its ERP software solutions. This includes tailored modules for different operational needs, such as financial management and inventory control. The company focuses on establishing B2B partnerships, directly offering its products to manufacturing firms. Clients typically engage in annual contracts that encompass software access, continuous support, and additional services such as training and consulting, all of which enhance operational capabilities and efficiencies for users.

In December 2018, IQMS Inc. was acquired by Dassault Systemes, which will leverage its resources to support future product development and market expansion initiatives. Plans are underway to enhance the DELMIAWorks platform with new functionalities aimed at improving user experience and operational efficiency. The company is targeting further expansion into European and Asian markets with specific initiatives planned for 2023, utilizing the capital from the recent TRADE SALE to enhance product offerings and strengthen its market presence.