VenCo
- Company typePrivate
- Founded1989
- HeadquartersTarnowskie Góry, Poland
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
VenCo firmographics
Firmographics- Name
- VenCo
- Legal name
- VenCo SH spółka z ograniczoną odpowiedzialnością sp. k.
- Website
- https://venco.com.pl
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
VenCo industry classification
Industry- Product category
- Enterprise Resource Planning (ERP) Software
- NAICS
- Computer Systems Design Services (541512), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Manufacturing ERP (Discrete, Process, Batch) (HDAEAEAB)
- akta.pro secondary industries
- Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA), Distribution & Wholesale ERP (Inventory, Order, Warehouse) (HDAEAEAC)
Keywords
Where VenCo is headquartered
LocationHeadquarters
- HQ city
- Tarnowskie Góry
- HQ country
- Poland
- HQ region
- Europe
Offices3 records
Markets served
VenCo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- ERP Software Licensing: One-time perpetual license sales for Firmatic ERP system modules. Customers can purchase individual modules or full configuration based on their needs.
- SaaS Subscription: Monthly subscription model for Firmatic ERP access. Database and software installed on VenCo servers, accessed remotely by clients. Clients pay based on selected functional scope and number of users.
- Implementation and Consulting Services: Comprehensive implementation services including installation, full configuration, data import, integration with external systems, user training, and ongoing technical support.
- IoT Monitoring Hardware/Systems: Sale of monitoring systems for compressors and air compressors, including sensors and control modules. Average license price of 450 PLN net per access point.
- IoT Monitoring Services: Subscription-based monitoring service for compressors and air compressors. Average annual subscription of 150 PLN net per access point.
- Waste Tank Monitoring Services: Service-based and license-based monitoring of non-drainable waste tanks for municipalities and waste collection companies. Subscription model at 50 PLN net/year/access point or license at 250 PLN net/access point.
- Predictive Maintenance Systems: License purchase or subscription (SaaS) model for AI-powered predictive maintenance systems for rotating machine elements and cooling towers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Firmatic ERP SaaS Subscription |
| Subscription | Annual | Compressor Monitoring Service - Annual Subscription |
| One time/ perpetual license | Multi-year contract | Compressor Monitoring System - License |
| Subscription | Annual | Waste Tank Monitoring - Annual Subscription |
| One time/ perpetual license | Multi-year contract | Waste Tank Monitoring - License |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels1 record
VenCo product offering
Product offeringCore offering
VenCo develops, sells, and implements the proprietary Firmatic ERP system (built on Progress OpenEdge / Progress 4GL), available as both on-premise software and SaaS subscriptions, covering finance, trade, production, fixed assets, CRM, HR/payroll, BI, DMS, and WorkFlow modules. The company also develops and sells industrial IoT/predictive-maintenance monitoring systems for cooling towers, rotating machines, septic waste tanks, and compressors, paired with implementation consulting and IT services.
Product overview
VenCo is a Polish IT company offering a proprietary ERP platform called Firmatic, built on Progress 4GL and Progress OpenEdge database, which is available both as an on-premise installation and as a SaaS subscription. The system comprises integrated functional modules: Finanse i Księgowość (Finance and Accounting), Handel (Trade), Produkcja (Production), Majątek Trwały (Fixed Assets), Kontrahenci (CRM), Personel i Płace (HR and Payroll), BI (Business Intelligence), System Obiegu Dokumentów (DMS), and a WorkFlow module. VenCo also develops specialized industrial monitoring services including a telemetry system for cooling tower monitoring using deep learning, an AI-based early warning system for rotating machine failures using MEMS accelerometers, a septic tank monitoring service using LoRaWAN, and a compressor monitoring service using FFT vibration analysis. The company additionally provides IT infrastructure services and implementation consulting.
Differentiator
Problem solved
Functional benefit
Brands
- Firmatic: Proprietary ERP system with modules for finance, trade, production, fixed assets, CRM, HR and payroll, BI, and document management. Built on Progress database technology.
Products and services
- ERP Firmatic Proprietary integrated ERP system written in Progress 4GL on a Progress OpenEdge relational database, supporting modules for finance and accounting, trade, production, fixed assets, CRM, HR and payroll, BI, document management, and WorkFlow. Sold/licensed to manufacturing and trading enterprises.
- Firmatic as a Service (SaaS) Software-as-a-Service delivery of Firmatic ERP with software and database hosted on VenCo servers and accessed remotely via web browser; clients pay a monthly fee based on selected functional scope and number of users.
- Cooling Tower Monitoring System with Deep Learning (Telemetryczny System Monitoringu Chłodni Wentylatorowych z Wykorzystaniem Deep Learning) Telemetry system for monitoring cooling tower technical condition via deep learning algorithms, capturing slow-changing signals (temperature, humidity) and fast-changing signals (vibrations) for predictive maintenance in industrial facilities.
- Rotating Machine Early Warning System (System Wczesnego Ostrzegania przed Awariami Wirujących Elementów Maszyn) Early warning system for rotating machine element (e.g., bearing) failures using MEMS accelerometers that capture low-amplitude, high-frequency harmonic components above 5 kHz, combined with AI-based predictive models running in the cloud.
- Septic Tank Monitoring Service (Monitoring Zbiorników Nieczystości Płynnych) Telemetry monitoring service for non-drainable liquid waste tanks using LoRaWAN sensor networks and self-powered sensors, sold to municipalities and waste-collection enterprises on a subscription (avg. 50 PLN net/year/access point) or perpetual license (avg. 250 PLN net/access point) basis.
- Compressor and Air Receiver Monitoring System (System Monitoringu Kompresów i Sprężarek) Continuous monitoring service for compressors and air receivers using FFT spectral vibration analysis to detect equipment wear and predict failures, offered as subscription (avg. 150 PLN net/year/access point) or perpetual license (avg. 450 PLN net/access point) for industrial enterprises operating compressed-air systems.
- Implementation and Consulting Services (Wdrożenia i Doradztwo) Comprehensive implementation, consulting, and customer-support services for Firmatic ERP and IoT monitoring deployments, covering installation, configuration, data import, integration with external systems, user training, and ongoing technical support.
- IT Services (Usługi IT) IT infrastructure design, construction, and maintenance services including local and wide-area networks, server selection, operating system and database installation, network security, and data backup solutions.
Quantifiable outcome
- Reduction in unplanned equipment downtime through predictive maintenance
- +3 more outcomes
Companies that use VenCo
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
VenCo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature7 records
VenCo partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Progress Software CorporationcoreVenCo has been an official partner of Progress Software Corporation since 1993. The company develops and deploys its Firmatic ERP system using Progress OpenEdge database and Progress 4GL development tools. This partnership provides the technical foundation for all ERP products.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
VenCo competitors and assessment
Company assessmentEmerging players
- PTC ThingWorx: Industrial IoT and predictive maintenance platform focused on connected assets, vibration analytics, and AI-driven failure prediction. Comparable to VenCo's compressor, cooling tower, and rotating machine monitoring products.
Broad incumbents
- Microsoft Dynamics 365 Business Central: Microsoft's cloud ERP for SMBs covering finance, manufacturing, distribution, and CRM. Comparable as a broad cloud incumbent whose pricing and partner ecosystem pressure regional ERP vendors like VenCo.
- Sage: Global mid-market ERP/accounting vendor serving small and medium manufacturers and distributors. Comparable as a broader incumbent with finance, production, and people modules analogous to VenCo's Firmatic ERP suite.
- SAP Business One: SAP's mid-market ERP suite for small and growing manufacturers and trading companies. Comparable as the dominant global incumbent VenCo competes against in the Polish SME manufacturing and distribution market.
- Siemens MindSphere: Industrial IoT platform from Siemens for connecting, monitoring, and analyzing industrial assets. Comparable to VenCo's IIoT/predictive maintenance product line, though operating at industrial-enterprise scale.
Direct peers
- Infor: Industry-specific ERP provider with deep manufacturing, distribution, and process-industry solutions. Comparable as a competitor in mid-market manufacturing ERP with cloud and on-premise delivery options similar to VenCo's hybrid model.
- Comarch: Polish-headquartered ERP and IT software vendor serving manufacturing, retail, and services enterprises across Europe. Comparable as a regional ERP provider with both packaged software and implementation services, though operating at significantly larger scale than VenCo.
- Epicor: Mid-market ERP provider specializing in manufacturing, distribution, and retail with strong production planning and inventory modules. Closely comparable to VenCo's vertical ERP focus on machine manufacturers and trading/wholesale companies.
- IFS: Global ERP vendor focused on asset-heavy industries including manufacturing and industrial service operations. Comparable for its deep manufacturing/asset-management ERP modules similar in scope to VenCo's Firmatic Production and Scheduling modules.
- Asseco Poland: Largest Polish IT group offering ERP, financial, and business software for SMEs and large enterprises. Comparable as a domestic ERP competitor targeting Polish manufacturers and trading companies with similar mid-market positioning.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
VenCo social profiles
Digital presenceVenCo financial estimates
Financial estimateRevenue estimate
Valuation estimate
VenCo leadership team
Management profileNumber of profiles
Profiles1 record
VenCo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VenCo 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 VenCo
What does VenCo do?
VenCo develops, sells, and implements the proprietary Firmatic ERP system (built on Progress OpenEdge / Progress 4GL), available as both on-premise software and SaaS subscriptions, covering finance, trade, production, fixed assets, CRM, HR/payroll, BI, DMS, and WorkFlow modules. The company also develops and sells industrial IoT/predictive-maintenance monitoring systems for cooling towers, rotating machines, septic waste tanks, and compressors, paired with implementation consulting and IT services.
Is VenCo a public or private company?
VenCo is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was VenCo founded?
VenCo was founded in 1989. It employs 1 to 10 people.
Where is VenCo based?
VenCo is headquartered in Tarnowskie Góry, Poland, in the Europe region.
How does VenCo make money?
Seven revenue lines are on record. ERP Software Licensing is the primary driver. The others are saaS Subscription, implementation and Consulting Services, ioT Monitoring Hardware/Systems, ioT Monitoring Services, waste Tank Monitoring Services and predictive Maintenance Systems.
Who are VenCo's main competitors?
PTC ThingWorx is listed as an emerging player. Broad incumbents are Microsoft Dynamics 365 Business Central, Sage, SAP Business One and Siemens MindSphere. Direct peers are Infor, Comarch, Epicor, IFS and Asseco Poland.
Does VenCo have an API?
No public API is recorded for VenCo.
What industry is VenCo in?
VenCo's product category is Enterprise Resource Planning (ERP) Software. Its primary akta.pro industry code is HDAEAEAB, Manufacturing ERP (Discrete, Process, Batch), with a secondary code of HDAEAEAA, Core ERP Suites (Financials, Procurement, Projects). Its NAICS code is 541512 and its SIC code is 7373.