WorkTech
- Company typePrivate
- Founded1993
- HeadquartersSomerville, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What WorkTech does
WorkTech is a private US-based company founded in 1993, operating from Somerville with a regional presence in New York, that runs WORKTECH Academy, a workplace experience research and events platform. The business is anchored by the annual WORKTECH Financial Services Workplace conference series — most recently hosted at the Mastercard NYC Tech Hub in New York in April 2026 — and by proprietary benchmark research drawing on survey data from senior workplace leaders across banking, asset management, insurance, fintech, and professional services. Its April 2026 'Future Financial Workplace' report (released in partnership with Maptician) surveyed 82 leaders and produced headline findings such as 3.4 days/week expected in-office attendance and 82% of leaders confident their workplace policy aligns with organizational values.
The company's go-to-market is event-driven and research-led: industry conferences and benchmark publications serve as top-of-funnel channels to reach enterprise workplace and real estate decision-makers in financial services. Revenue is generated principally through event sponsorship, ticketing, and recurring research/report distribution (described as subscription-style), though pricing is not publicly disclosed. Customer concentration is in the financial services vertical, with segmentation by industry rather than company size. The firm is small (11-50 employees), has no disclosed funding rounds, no M&A history, and no announced product line beyond the WORKTECH Academy research and event franchise and the Maptician co-developed benchmark work.
Note on data integrity: the firmographics record describes WorkTech as a time-and-attendance / contractor cost tracking software vendor, while a separate source block references a Prometheus Group enterprise asset management platform. The remainder of the available data — including the WORKTECH Academy brand, the leadership of Torbjörn Ekstrand, and the financial services workplace event series — is internally consistent with WorkTech being a workplace experience research and events business. This analysis is built on the coherent WORKTECH Academy evidence.
WorkTech firmographics
Firmographics- Name
- WorkTech
- Website
- https://worktech.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
WorkTech industry classification
Industry- Product category
- Workplace Experience Research
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Workflow Automation for IT & Ops (Runbooks, Job Scheduling) (HDAEAHAH)
- akta.pro secondary industry
- Enterprise Work Management & Collaborative Workflow Platforms (HDAEAHAI)
Keywords
Where WorkTech is headquartered
LocationHeadquarters
- HQ city
- Somerville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
WorkTech business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Research Reports and Benchmarking Services: WorkTech generates revenue through publishing benchmark reports on workplace experience topics, which are presented at industry events targeting financial services and other vertical markets.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
WorkTech product offering
Product offeringCore offering
WorkTech is a workplace experience research and events company that develops benchmarking reports and industry insights for financial institutions and other sectors navigating post-hybrid workplace challenges. It produces and hosts the WORKTECH Financial Services Workplace conference series and operates an educational arm under the DBA WORKTECH Academy. Some firmographic descriptions also reference workforce-management software offerings (time and attendance, scheduling, absence management, contractor cost tracking) for complex organizations, though evidence of those specific software products in the current source data is limited.
Product overview
WorkTech offers an integrated enterprise software platform with multiple AI-powered modules for asset management, maintenance operations, and capital project management. The core Prometheus-AI Platform serves as the foundation, with specialized solutions including GWOS-AI (planning and scheduling), RapidAPM (asset performance management), STO-AI Manager (shutdown and turnaround), Contractor Management, Environmental Health & Safety, and various commissioning and document management modules. The platform integrates natively with SAP, Oracle, and IBM Maximo ERP systems, and includes master data management offerings through MDaaS and SAP MDG.
Differentiator
Problem solved
Functional benefit
Products and services
- WORKTECH Financial Services Workplace Conference Annual industry conference for senior workplace, real estate, HR, and employee-experience leaders at financial institutions to discuss hybrid and post-hybrid workplace strategy and operations.
- "The Future Financial Workplace" Benchmark Report Proprietary benchmark research publication based on primary-source surveys of senior workplace leaders at top financial institutions, focused on hybrid/post-hybrid workplace experience.
- WORKTECH Academy Educational and research arm of WorkTech, conducting ongoing workplace experience research, benchmarking, and industry engagement for financial-services organizations.
Quantifiable outcome
- 82% of financial services workplace leaders are confident their workplace policy aligns with organizational values
- +1 more outcomes
Companies that use WorkTech
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
WorkTech technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability4 records
WorkTech partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MapticiancoreMaptician and WORKTECH Academy collaborated to release the benchmark report 'The Future Financial Workplace: How Experience Has Become The New Operating Challenge'. Maptician provides workplace optimization technology while WorkTech provides industry research and event expertise, combining their respective capabilities to deliver comprehensive workplace experience insights for financial institutions.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
WorkTech competitors and assessment
Company assessmentBroad incumbents
- GE Digital APM (Predix): GE Digital's asset performance management and reliability suite, widely deployed in power generation and heavy industrial. Comparable in predictive maintenance and asset health monitoring to RapidAPM.
- Bentley Systems: Infrastructure engineering software company with iTwin platform for asset performance and capital project analytics. Overlaps with Prometheus Group's capital project, commissioning, and document management modules in industrial and infrastructure verticals.
- AVEVA: Global industrial software incumbent covering plant design, operations, and asset performance across process industries. Overlaps with Prometheus Group in asset performance, capital project, and turnaround management for industrial customers.
- Aspen Technology (AspenTech): Industrial AI software provider focused on asset optimization, reliability, and supply chain management for process industries. Comparable to Prometheus Group's RapidAPM and DSO decision support offerings.
- ABB Ability: ABB's industrial automation and digital portfolio covering asset management, EAM, and operations optimization. Competes with Prometheus Group's industrial asset management suite for process and manufacturing customers.
Direct peers
- Oracle Enterprise Asset Management: Oracle's EAM module within its ERP/SCM suite, offering maintenance, work order, and asset management tightly coupled with Oracle ERP Cloud — a direct competitor for industrial customers standardized on Oracle.
- SAP S/4HANA Plant Maintenance: SAP's native plant maintenance and EAM module, bundled with S/4HANA. Directly competitive as the in-ERP alternative to third-party EAM suites, with deep PM/PS functionality across industrial customers.
- Infor EAM: Infor's enterprise asset management solution, commonly deployed in manufacturing, facilities, and public sector. Closely comparable product scope to Prometheus Group's EAM and asset performance modules.
- IBM Maximo Application Suite: IBM's flagship EAM platform and one of the most established enterprise asset management suites globally. Directly comparable in core capability (asset, work order, and maintenance management) and even shares native integration status with Prometheus Group's platform.
Emerging players
- Fiix (by Rockwell Automation): Cloud-native CMMS/EAM acquired by Rockwell Automation, targeting mid-market manufacturers. Comparable to Prometheus Group's lighter EAM offerings and increasingly competitive in the asset performance management layer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
WorkTech social profiles
Digital presenceWorkTech compliance and trust
Trust signalCompliance2 records
WorkTech financial estimates
Financial estimateRevenue estimate
Valuation estimate
WorkTech leadership team
Management profileNumber of profiles
Profiles3 records
WorkTech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WorkTech 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 WorkTech
What does WorkTech do?
WorkTech is a workplace experience research and events company that develops benchmarking reports and industry insights for financial institutions and other sectors navigating post-hybrid workplace challenges. It produces and hosts the WORKTECH Financial Services Workplace conference series and operates an educational arm under the DBA WORKTECH Academy. Some firmographic descriptions also reference workforce-management software offerings (time and attendance, scheduling, absence management, contractor cost tracking) for complex organizations, though evidence of those specific software products in the current source data is limited.
When was WorkTech founded?
WorkTech was founded in 1993. It employs 11 to 50 people.
Where is WorkTech based?
WorkTech is headquartered in Somerville, United States, in the North America region.
How does WorkTech make money?
One revenue line is on record: research Reports and Benchmarking Services.
Who are WorkTech's main competitors?
Broad incumbents on record are GE Digital APM (Predix), Bentley Systems, AVEVA, Aspen Technology (AspenTech) and ABB Ability. Direct peers are Oracle Enterprise Asset Management, SAP S/4HANA Plant Maintenance, Infor EAM and IBM Maximo Application Suite. Fiix (by Rockwell Automation) is listed as an emerging player.
Does WorkTech have an API?
No public API is recorded for WorkTech.
What industry is WorkTech in?
WorkTech's product category is Workplace Experience Research. Its primary akta.pro industry code is HDAEAHAH, Workflow Automation for IT & Ops (Runbooks, Job Scheduling), with a secondary code of HDAEAHAI, Enterprise Work Management & Collaborative Workflow Platforms. Its NAICS code is 54151 and its SIC code is 7371.