Comparing the current results to its competitors, Skkynet Cloud Systems Inc reported Revenue decrease in the 1 quarter 2025 year on year by -33.65 %, despite the revenue increase by the most of its competitors of 16.63 %, recorded in the same quarter.
Skkynet Cloud Systems Inc , despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 59.74 %
Skkynet Cloud Systems Inc 's Comment on Competition and Industry Peers
The company operates in the industrial automation sector and faces competition from several vendors offering similar products, some of which have larger resources and revenues. Its software is compatible with competitors' products, enabling customers to use both. Major industrial automation vendors providing SCADA systems include Siemens, ABB, Emerson Process Management, Rockwell Automation, Honeywell Process Solutions, Schneider Electric, GE Invensys, and PTC. These companies are considered potential competitors if they integrate SCADA functions with cloud-based systems, although none currently do so. Some of these companies also serve as customers or partners, with Siemens and AVEVA/Schneider identified as official partners. Currently, no cloud system companies are specifically organized to host real-time industrial data and connectivity. Competitors named in company filings include ABB, AVEVA/Schneider, Emerson Process Management, GE Invensys, Honeywell Process Solutions, PTC, Rockwell Automation, Schneider Electric, and Siemens.
Publicly Traded Peers of Skkynet Cloud Systems Inc
Microsoft Corporation Share Performance
+22.87%
This Quarter
Microsoft Corporation
Profile
Microsoft Corporation operates as a multinational technology company focused on software development, licensing, and related services. Its business model includes the creation and distribution of software products like operating systems and productivity suites, along with cloud-based solutions. Revenue is generated through hardware sales (such as gaming consoles), advertising, and consulting services.
is a global software and services company that enables industrial companies to improve growth with a portfolio of innovative digital solutions that work together to transform how physical products are engineered, manufactured, and serviced
Rockwell Automation Inc operates as a provider of industrial automation and information solutions, specializing in products and services that enhance manufacturing productivity, efficiency, and safety. The company focuses on integrating software and control systems to optimize industrial processes and connectivity.
Sources:
Skkynet Cloud Systems Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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