Applied Engineering, Inc. is a 100% employee-owned engineering and technology company founded in 1986 in Fargo, North Dakota. The company specializes in providing engineering and manufacturing consulting services, IT and custom programming services, and large-format digital printing services. With a mission to deliver exceptional talent and technology to its customers, Applied Engineering has expanded its presence across the Midwest, operating offices in Fargo and Bismarck, ND; Brooklyn Park, MN; Sioux Falls, SD; and Milwaukee, WI.
Key Strategic Focus
Applied Engineering's strategic focus centers on offering adaptable and innovative engineering solutions tailored to meet diverse client needs. The company provides a range of services, including product design, factory layout, automation, and software development. By leveraging the latest technology and best practices, Applied Engineering aims to enhance manufacturing processes and product designs, serving industries such as manufacturing, design, and software development.
Financials and Funding
As of September 2024, Applied Engineering reported annual revenues of approximately $15 million. The company operates as a 100% employee-owned organization, fostering a vested interest in its success among all employees.
Technological Platform and Innovation
Applied Engineering distinguishes itself through its commitment to innovation and adaptability. The company employs advanced technologies and methodologies to address complex engineering challenges, including:
- Proprietary Technologies: Utilization of state-of-the-art tools and software to develop customized solutions for clients.
- Scientific Methods: Application of cutting-edge engineering principles and practices to optimize manufacturing processes and product designs.
Leadership Team
Applied Engineering's leadership comprises experienced professionals dedicated to driving the company's mission:
- David Raatz, CEO: Oversees the company's strategic direction and operations.
- Dabirulmulk Mulk, CEO: Provides executive leadership and vision for the company's growth.
Competitor Profile
Applied Engineering operates in a competitive landscape alongside companies offering similar engineering and manufacturing services. Key competitors include:
- Automation Engineering: Supplies capital equipment for assembling and testing camera modules and optical subsystems in various markets.
- Trioptics: Develops and produces optical measurement and lens systems.
- Keyence: Engages in the development and manufacturing of industrial automation and inspection equipment.
- Sydor Optics: Manufactures precision flat-surfaced, parallel, and wedged glass optical components.
Strategic Collaborations and Partnerships
Applied Engineering has established significant partnerships to enhance its service offerings, including collaborations with Unitrends for backup and recovery solutions and with Bobcat Company to develop a custom online library accessible globally.
Operational Insights
Applied Engineering's employee-owned structure fosters a culture of accountability and dedication, contributing to high-quality service delivery. The company's adaptability and innovative approach enable it to meet diverse client needs effectively.
Strategic Opportunities and Future Directions
Looking ahead, Applied Engineering aims to expand its market presence by leveraging its strengths in engineering and technology solutions. The company plans to explore new industries and geographies, building on its reputation for quality and innovation.
Contact Information
- Website: Applied Engineering Official Website
- LinkedIn: Applied Engineering LinkedIn Profile
Applied Engineering's commitment to delivering exceptional engineering and technology solutions positions it as a key player in the industry, poised for continued growth and success.