Summary

Parallel Works Inc

Founded in 2015

Description

Parallel Works is a global engineering hub for high performance modeling & simulation workflow. It empowers users to run compute-intensive simulation and data analytics studies in parallel, on scalable HPC computing resources faster, at greater scale, and more cost effectively than ever before.

Strengths

  • There are no known strengths for Parallel Works Inc

Weaknesses

  • Parallel Works Inc has a very small market share in their industry
  • Revenue generated per employee is less than the industry average
  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average
  • Variance of revenue growth is more than the industry average
  • Since Parallel Works Inc was founded, the company has experienced slower revenue growth than the industry average

Annual Revenue

Parallel Works Inc's annual revenue

$965000

Based on Kona Equity data

  • Revenue per employee

    $193000

  • Variance of revenue growth

    0.33

  • Annual revenue growth since founding

    $107222

  • Revenue growth rate from first known quarter to current

    -81.2%

Employee Count

5 employees

  • Employee growth rate from first known quarter to current

    -80.0%

Executives

Matthew Shaxted

Founder & President

s**@parallelworks.com

Joe Lohndorf

Head of Sales

l**@parallelworks.com

Quan Nguyen

Software Engineer

n**@parallelworks.com

Alvaro Torreira

Senior Engineer

t**@parallelworks.com

Phyllis Rhodes

Senior HPC Project Consultant

r**@parallelworks.com

Matt Long

Site Reliability Support Engineer

l**@parallelworks.com

G Score - 0

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

Location

222 Merchandise Mart Plz. Ste. 1212 
Chicago, IL  60654

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Key Information

Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Parallel Works Inc.

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Frequently Asked Questions

Where is Parallel Works Inc located?

Parallel Works Inc's headquarters are located at 222 Merchandise Mart Plz. Ste. 1212  Chicago, IL  60654.


What is Parallel Works Inc's official website?

Parallel Works Inc's official website is parallelworks.com


What is Parallel Works Inc's revenue?

Parallel Works Inc's annual revenue is $965.0 K.


How many employees does Parallel Works Inc's have?

Parallel Works Inc has 5 employees


What industry does Parallel Works Inc belong to?

Parallel Works Inc is in the industry of Computer software.

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