Rapidworks
- Company typePrivate
- Founded2022
- HeadquartersTallinn, Estonia
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
Rapidworks firmographics
Firmographics- Name
- Rapidworks
- Website
- https://rapidworks.eu
- Company type
- Private
- Founded year
- 2022
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Rapidworks industry classification
Industry- Product category
- Industrial Innovation Software
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Business Process & Digital Transformation Consulting (BPAEAAAD)
- akta.pro secondary industries
- Digital & Technology Transformation Consulting (BPAHACAH), Industrial Automation Software (SCADA, HMI, MES, Historian) (IMAHAHAJ)
Keywords
Where Rapidworks is headquartered
LocationHeadquarters
- HQ city
- Tallinn
- HQ country
- Estonia
- HQ region
- Europe
Markets served
Rapidworks business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Rapidworks product offering
Product offeringCore offering
Rapidworks digitalises industrial innovation processes for industrial leaders, enabling them to transform their operations in a matter of days. The company provides a software-based solution that helps industrial organizations manage, accelerate, and digitize their innovation workflows. Its offering is targeted at industrial companies seeking to modernize how they conceive, develop, and roll out innovation initiatives.
Differentiator
Problem solved
Functional benefit
Products and services
- Rapidworks Innovation Platform Software platform that digitalises industrial innovation processes, helping industrial leaders transform operations and accelerate innovation initiatives in a matter of days.
Companies that use Rapidworks
Customer profileIdeal customer profiles1 record
Rapidworks technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Rapidworks partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights4 records
Rapidworks competitors and assessment
Company assessmentEmerging players
- UptimeAI: UptimeAI is an industrial AI startup focused on asset performance and process optimization for manufacturing plants — a comparable early-stage company applying software/AI to industrial operations transformation.
- Tvarit: Tvarit is an industrial AI startup offering predictive analytics and process optimization for manufacturing, comparable to Rapidworks as an emerging European player focused on industrial digitalization.
- Seeq: Seeq delivers a process manufacturing analytics and industrial AI platform for engineers and operations leaders, targeting the same industrial digitalization buyer as Rapidworks with a more mature product footprint.
Direct peers
- Fiix (Rockwell Automation): Fiix provides a maintenance and asset management software platform used by industrial customers to digitize operations, directly comparable to Rapidworks' industrial digitalization value proposition for plant and operations leaders.
- Senseye (Siemens-owned): Senseye provides predictive maintenance and industrial AI software that helps industrial leaders digitally transform asset management — directly comparable in mission (industrial digitalization) and customer profile to Rapidworks.
Broad incumbents
- Accenture Industry X: Accenture's Industry X practice is a global incumbent in industrial digital transformation consulting, providing the same 'transform industrial operations' service that Rapidworks positions against, but with thousands of consultants and a Fortune-500 client book.
- Siemens Digital Industries (MindSphere / Xcelerator): Siemens' industrial software and digitalization portfolio (MindSphere IoT, Xcelerator marketplace, Opcenter) directly overlaps with Rapidworks' promise to digitalize industrial innovation processes, though at vastly larger scale and with embedded industrial automation footprint.
- PTC (ThingWorx / Creo): PTC's ThingWorx and Creo platforms serve industrial customers looking to digitize product development and connected operations, the same buyer Rapidworks targets, but with an established PLM/CAD install base.
- AVEVA: AVEVA provides industrial software for engineering, operations, and digital transformation across process and discrete industries — a comparable buyer-side proposition to what Rapidworks is attempting to deliver for industrial innovation.
Others
- McKinsey Operations Practice (Industry 4.0): McKinsey's manufacturing and Industry 4.0 operations consulting competes for the same 'industrial leaders transformation' budget pool that Rapidworks targets, though as a high-cost bespoke advisor rather than a software-led offering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Rapidworks financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rapidworks leadership team
Management profileNumber of profiles
Profiles4 records
Rapidworks funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rapidworks M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rapidworks
What does Rapidworks do?
Rapidworks digitalises industrial innovation processes for industrial leaders, enabling them to transform their operations in a matter of days. The company provides a software-based solution that helps industrial organizations manage, accelerate, and digitize their innovation workflows. Its offering is targeted at industrial companies seeking to modernize how they conceive, develop, and roll out innovation initiatives.
When was Rapidworks founded?
Rapidworks was founded in 2022. It employs 1 to 10 people.
Where is Rapidworks based?
Rapidworks is headquartered in Tallinn, Estonia, in the Europe region.
Who are Rapidworks's main competitors?
Emerging players on record are UptimeAI, Tvarit and Seeq. Direct peers are Fiix (Rockwell Automation) and Senseye (Siemens-owned). Broad incumbents are Accenture Industry X, Siemens Digital Industries (MindSphere / Xcelerator), PTC (ThingWorx / Creo) and AVEVA. McKinsey Operations Practice (Industry 4.0) is listed as an others.
Does Rapidworks have an API?
No public API is recorded for Rapidworks.
What industry is Rapidworks in?
Rapidworks's product category is Industrial Innovation Software. Its primary akta.pro industry code is BPAEAAAD, Business Process & Digital Transformation Consulting, with a secondary code of BPAHACAH, Digital & Technology Transformation Consulting. Its SIC code is 7373.