Caelynx expands bottom line on growth of software platform

Three years ago Caelynx made all of its money from its engineering consulting and staffing services. By next year its only going to get about half of its bottom line from those sources. The other half, from its rapidly growing software platform. "Software is continuing to be the major growth area," says Hans Steiner, director of business development for Caelynx. "All areas are growing but software is leading it." The Ann Arbor-based company's computer-aided engineering platform works as a simulation platform for the company. "This allows them to test it virtually so they can see if it performs," Steiner says. Caelynx recently notched another 20 percent revenue growth year, making it the sixth consecutive year to do it. Ann Arbor SPARK has now recognized Caelynx as one of its FastTrack award winners for exponential revenue growth. Caelynx has also hired one person in the U.S. and three for its Romania office over the last year. It now has a staff of 12 people in the U.S. and six in Romania. The company also recently moved from Ann Arbor's southside to a new office just north of downtown near the Amtrak train station. "It's smaller but it's the right size for us," Steiner says. Source: Hans Steiner, director of business development for Caelynx Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

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Three years ago Caelynx made all of its money from its engineering consulting and staffing services. By next year its only going to get about half of its bottom line from those sources. The other half, from its rapidly growing software platform.

“Software is continuing to be the major growth area,” says Hans Steiner, director of business development for Caelynx. “All areas are growing but software is leading it.”

The Ann Arbor-based company’s computer-aided engineering platform works as a simulation platform for the company.

“This allows them to test it virtually so they can see if it performs,” Steiner says.

Caelynx recently notched another 20 percent revenue growth year, making it the sixth consecutive year to do it. Ann Arbor SPARK has now recognized Caelynx as one of its FastTrack award winners for exponential revenue growth.

Caelynx has also hired one person in the U.S. and three for its Romania office over the last year. It now has a staff of 12 people in the U.S. and six in Romania. The company also recently moved from Ann Arbor’s southside to a new office just north of downtown near the Amtrak train station.

“It’s smaller but it’s the right size for us,” Steiner says.

Source: Hans Steiner, director of business development for Caelynx
Writer: Jon Zemke

Read more about Metro Detroit’s growing entrepreneurial ecosystem at SEMichiganStartup.com.

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