Sitowise
Sitowise is a publicly listed Nordic technical consulting and digital solutions company headquartered in Espoo, Finland, serving municipalities, transport authorities, and infrastructure owners with engineering services and a portfolio of proprietary SaaS platforms spanning infrastructure, buildings, and digital solutions.
- Company typePublic
- Founded2017
- HeadquartersEspoo, Finland
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Sitowise does
Sitowise is a Nordic technical consulting and digital solutions company headquartered in Espoo, Finland, with operational roots dating to the 1970s and the current corporate structure formed in 2017. The company is publicly listed on Nasdaq Helsinki (ticker: SITOWS) since March 2021 with a secondary listing on the Frankfurt Stock Exchange, and operates three business areas: Infrastructure, Buildings, and Digital Solutions, serving public sector clients (municipalities, cities, transport authorities) and private infrastructure and real estate developers across the Nordics.
The company combines traditional engineering and planning services with a portfolio of proprietary digital products, including Smartlas (surveying and laser scanning), Foresta (forestry management), Louhi (rock engineering and geotechnical), Infracontrol Online (infrastructure monitoring), Planect (urban planning), Routa (road and asset management), and ITS & Automation (intelligent transport systems). The Bitcomp Oy acquisition in June 2022 approximately doubled the SaaS business and added complementary geospatial and infrastructure management capabilities. The platform architecture spans data capture, asset management, planning, and operational monitoring, indicating a verticalized SaaS offering built on top of the company's consulting expertise.
Sitowise's business model combines project-based consulting revenue (billable hours and fixed-price engineering projects) with recurring SaaS and licensing income from its proprietary products. The SaaS and digital solutions segment is a strategically important growth pillar, intended to improve margin mix relative to traditional services. As of 2024, the company reported revenue of approximately EUR 193M with a workforce of roughly 2,000 employees, implying revenue per employee near EUR 95-100K, characteristic of a services-heavy cost structure. Recent strategic actions, including the divestiture of Sitowise Sverige AB to Sweco in 2026 and a new EUR 89M financing arrangement, indicate an ongoing portfolio simplification and capital structure repositioning.
Sitowise firmographics
Firmographics- Name
- Sitowise
- Legal name
- Sitowise Oy
- Website
- https://sitowise.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Sitowise is a publicly listed Nordic technical consulting and digital solutions company headquartered in Espoo, Finland, serving municipalities, transport authorities, and infrastructure owners with engineering services and a portfolio of proprietary SaaS platforms spanning infrastructure, buildings, and digital solutions.
- Ownership category
- akta.pro rank
Where Sitowise is headquartered
LocationHeadquarters
- HQ city
- Espoo
- HQ country
- Finland
- HQ region
- Europe
Offices8 records
Markets served
Sitowise business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Technical Consulting Services: Engineering and consulting services for buildings, infrastructure, and technical design including structural engineering, HVAC design, and project management
- Digital Solutions/SaaS: SaaS products for forest management, GIS platforms, smart city solutions, and geospatial data analytics with recurring subscription revenue
- Sustainability Services: Environmental consulting, sustainability reporting, and ESG-related professional services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Technical consulting services priced per project engagement |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Sitowise product offering
Product offeringCore offering
Sitowise is a Nordic technical consulting and digital solutions company that provides engineering, design, and digital platform services for the built environment. The company delivers Buildings services (HVAC design, structural engineering, energy optimization, acoustics, architecture, construction contracting), Infrastructure services (urban development, bridge and tunnel design, transport planning, water services), and Digital Solutions (proprietary platforms for GIS, smart city management, climate-resilient design, forest management, and infrastructure maintenance).
Product overview
Sitowise operates as a Nordic technical consulting and digital solutions company organized into three business areas: Infra, Buildings, and Digital Solutions. The Digital Solutions portfolio includes proprietary products Smartlas (climate-resilient design with AI-powered satellite monitoring), Foresta (forest management system for forest sector), Louhi (GIS platform for municipalities), Infracontrol Online (smart city platform), Planect (urban impact assessment), Routa (infrastructure maintenance), and ITS & Automation (intelligent steering). The company also provides Buildings services (HVAC, energy optimization, architecture, construction contracting) and Infrastructure services (urban development, bridge/tunnel design, transport planning). Sitowise serves clients across Finland, Sweden, and other Nordic countries.
Differentiator
Problem solved
Functional benefit
Brands
- Smartlas: Climate-resilient design solution using AI and satellite monitoring for smart maps and reports
- Foresta
- Louhi
- Infracontrol Online
- Planect
- Routa
- ITS & Automation
Products and services
- Smartlas
- Foresta
- Louhi
- Infracontrol Online
- Planect
- Routa
- ITS & Automation
- Buildings Services
- Infrastructure Services
- Digital Twins
Quantifiable outcome
- 96% of Sitowise customers would choose them again
- +3 more outcomes
Companies that use Sitowise
Customer profileNamed customers9 records
Segments7 records
Ideal customer profiles4 records
Sitowise technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature7 records
Sitowise partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered major, strategic, core, minor and significant.
- SwecomajorSitowise sold its Swedish subsidiary Sitowise Sverige AB to Sweco for approximately EUR 3.0 million enterprise value plus earn-out up to EUR 2.0 million. The transaction allows Sitowise to focus on its core businesses in Finland and Digital Solutions while Sweco acquires technical consulting operations in Sweden.
- RambollstrategicJoint consortium to prepare the track plan for the Airport Line (Lentorata) connecting Helsinki Airport to the rail network.
- Sweco Finland OystrategicPartnership to update the Lohja-Salo railway plan as part of rail infrastructure development.
- DowningstrategicLong-term cooperation agreement for energy storage project expansion involving 26 sites implementation.
- Vantaa Light RailcoreContract for second partial order of Vantaa Light Rail project for planning services in the Tikkurila section.
- Infrastructure Programme Helsinki AlliancecoreAlliance partnership bundling West Tram, Viikki-Malmi light rail, and West Harbour light rail projects. Sitowise selected as one of the designers alongside YIT Infra, NRC Group Finland, and Sweco Finland.
- Ahlman Group Oy (Expert operations)minorAcquired Expert operations of Ahlman Group Oy for EUR 0.64 million, strengthening digital and built environment specialist operations.
- Convia (Ingenjörsbyrå AB and Infrastructure AB)minorAcquired Stockholm-based construction and infrastructure consulting company with 23 employees specializing in buildings, industries, bridges and tunnels.
- Bitcomp OystrategicAcquired pioneer in SaaS solutions for forest and natural resources sector to strengthen geospatial data solutions and AI in asset management. More than doubled Sitowise's SaaS business.
- E60 Elkonsult ABminorAcquired Swedish electrical design expert organization in Norrtälje with 10 employees.
- Mavacon ABminorAcquired Swedish infrastructure and community construction consultant located in Falun with 13 employees.
- Insinööritoimisto Jorma Jääskeläinen OyminorAcquired Tampere-based structural engineering and consulting company with expertise in building projects.
- Livair OyminorAcquired HVAC planning and consulting services company founded in 1990, based in Espoo.
- Turku One Hour Train LtdcorePlanning partner for Helsinki-Turku high-speed rail link with approximately EUR 5 million planning agreement for 31-kilometer section from Lempola to Suomusjärvi including 11 tunnels and 31 bridges.
- Crown Bridges ConsortiumcoreAlliance including City of Helsinki, Helsinki City Transport, NRC Group Finland, YIT Finland, Ramboll Finland, Sweco Infra & Rail for Crown Bridges tramway project including Kruunuvuorensilta bridge (Finland's longest bridge at 1,191 metres).
- Infracontrol ABstrategicSwedish IT company acquired by Sitowise to strengthen digital solutions business, now operating as Sitowise Digital Solutions AB.
- EncominorAcquisition to bring property management services into a new era through digital solutions.
- YITsignificantJoint proposal for Tomorrow's Helsinki idea competition with YIT, creating a plan for pedestrian city centre with underground collector road realignment. Collaboration on urban development planning.
Scale indicators16 records
Recent moves8 records
Expansion highlights5 records
Sitowise competitors and assessment
Company assessmentBroad incumbents
- WSP: Global professional services firm with substantial Nordic engineering and environmental consulting operations; competes with Sitowise on large transport and urban development mandates.
- Pöyry (now part of AFRY): Finnish-origin global consulting and engineering firm (now within AFRY) with strong forest, energy and infrastructure practices that overlap with Sitowise's sector coverage.
Direct peers
- Etteplan: Finnish-listed engineering and embedded software services firm serving industrial and infrastructure clients; comparable in size, listed status and Nordic focus.
- Sweco: Largest Nordic engineering and design consultancy, directly comparable to Sitowise across infrastructure, buildings, water and urban development; now also acquiring Sitowise's Swedish subsidiary.
- Ramboll: Nordic-headquartered engineering, architecture and consulting firm with overlapping practices in transport, buildings, environment and digital — a direct competitor in Finnish alliance projects (e.g., Crown Bridges, Airport Line).
- AFRY (ÅF): Sweden/F Finland-headquartered engineering and design company serving infrastructure, energy, industry and buildings — closely comparable to Sitowise's sector mix.
Others
- Sitowise's Finnish infra alliances (e.g., NRC Group Finland, YIT Infra): Counterparties in the same Finnish infrastructure alliances (Crown Bridges, West Tram, Viikki-Malmi); not direct engineering peers but competing for adjacent scopes within consortium bids.
- Esri: Dominant GIS platform provider; comparable in the geospatial domain Sitowise addresses through Louhi and Foresta, and a potential technology partner rather than direct competitor.
Emerging players
- Trimble: Geospatial, BIM and infrastructure software vendor whose solutions overlap with Sitowise's Louhi GIS, Smartlas and digital twin offerings in the built-environment software stack.
- Bentley Systems: Infrastructure engineering software company whose digital twin and asset lifecycle tools overlap with Sitowise's digital solutions strategy for roads, rail and municipal infrastructure.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Sitowise social profiles
Digital presenceSitowise financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sitowise leadership team
Management profileNumber of profiles
Profiles11 records
Sitowise subsidiaries and ownership
Company hierarchySubsidiaries11 records
Sitowise funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sitowise M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sitowise
What does Sitowise do?
Sitowise is a Nordic technical consulting and digital solutions company that provides engineering, design, and digital platform services for the built environment. The company delivers Buildings services (HVAC design, structural engineering, energy optimization, acoustics, architecture, construction contracting), Infrastructure services (urban development, bridge and tunnel design, transport planning, water services), and Digital Solutions (proprietary platforms for GIS, smart city management, climate-resilient design, forest management, and infrastructure maintenance).
Is Sitowise a public or private company?
Sitowise is a public company. It is classified as public and is currently operating.
When was Sitowise founded?
Sitowise was founded in 2017. It employs 1,001 to 5,000 people.
Where is Sitowise based?
Sitowise is headquartered in Espoo, Finland, in the Europe region.
How does Sitowise make money?
Three revenue lines are on record. Technical Consulting Services are the primary driver. The others are digital Solutions/SaaS and sustainability Services.
Who are Sitowise's main competitors?
Broad incumbents on record are WSP and Pöyry (now part of AFRY). Direct peers are Etteplan, Sweco, Ramboll and AFRY (ÅF). Others are Sitowise's Finnish infra alliances (e.g., NRC Group Finland, YIT Infra) and Esri. Emerging players are Trimble and Bentley Systems.
Does Sitowise have an API?
No public API is recorded for Sitowise.