SiB Solutions Group

Name

SiB Solutions Group

Legal name

SiB Solutions AB

Website

https://sibsolutions.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Logistics Video Analytics Software

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Video Analytics & AI Security Solutions Integration (LPR, Facial, Behavior) (BPAKAGAK)

akta.pro secondary industry

ESB & Enterprise Messaging Middleware (HDAEAIAC)

Keywords

• Intelligent video analytics
• Logistics video analysis
• Computer vision logistics
• Warehouse operations software
• Supply chain visibility

Headquarters

HQ city

Lund

HQ country

Sweden

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Intelligent Video Services Subscription: Monthly subscription-based services encompassing hardware provision, software (AI SaaS), installation, training, and support. Fixed monthly cost depending on service and scope. No initial capital expenditure required from customers. Includes all components from hardware through to cloud analytics and ongoing updates.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

SiB Solutions provides a subscription-based Intelligent Video Services (SiB IVS) platform that captures video at critical logistics points such as picking, packing, and loading, processes footage locally via edge computing, and combines the resulting metadata with WMS/MES/TMS data in the cloud for AI-driven analysis. The service bundles cameras, edge hardware, AI software, installation, training, and ongoing support into a fixed monthly fee with no upfront capital expenditure.

Product overview

SiB Solutions offers a unified Intelligent Video Services™ (SiB IVS™) platform with three service levels (Level 1, 2, and 3) delivering computer vision and AI-powered process automation for logistics operations. The platform combines video cameras, edge computing, and cloud-based AI to enable searchability of logistics processes. Level 1 provides basic recording and search; Level 2 adds operational data integration with WMS/MES/TMS; Level 3 includes the Smart Assistant feature for real-time AI guidance to prevent errors. Services are subscription-based and delivered globally through a partner network, targeting warehouse logistics, manufacturing logistics, transport, and last-mile operations.

Differentiator

Problem solved

Functional benefit

Brands

• SiB IVS™: The company's Intelligent Video Services platform enabling flawless logistics with AI-powered video analytics for supply chain monitoring.
• Intelligent Video Services™

Products and services

• SiB IVS™ (Intelligent Video Services™) Platform Subscription-based logtech platform that combines intelligent video cameras, edge computing, and cloud AI analytics with WMS/MES/TMS data to deliver searchable video evidence, real-time operator guidance, and process improvement for logistics-intensive enterprises. Offered in three service levels (Level 1 quick-start recording, Level 2 video + operational data integration, Level 3 real-time AI guidance) for warehouse, manufacturing, transport, and last-mile operations.
• Smart Assistant

Quantifiable outcome

• 30-50% reduction in denied claims
• +7 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability6 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered core, moderate and minor.

• Axis Communications (Event Co-host)coreGTM or Marketing Partner · 1 January 2025Co-hosting 'Smarter Logistics Towards 2030' event at Axis Communications HQ in Lund, Sweden alongside Network-Logistics Trust and Axis Communications. The event brings together top logistics leaders and tech pioneers.
• Turck Vilant SystemsmoderateGTM or Marketing Partner · 1 January 2025Co-hosting a demo room event in Finland with Turck Vilant Systems and LIMOWA to showcase RFID, RTLS, and video solutions in logistics.
• NYCE.LOGICcoreTechnology or Integration · 1 March 2024NYCE.LOGIC and SiB Solutions announced a partnership uniting best-of-breed WMS (Warehouse Management Systems) with Intelligent Video and AI Services. The partnership enhances customers' supply chain efficiency and visibility through combined WMS and video analytics.
• IBMcoreTechnology or Integration · 1 January 2024IBM is a Business Partner of SiB Solutions. IBM's cloud infrastructure (Cloud Code Engine) is used as part of SiB Solutions' technology stack. IBM cited SiB Solutions as a scaleup creating significant value for logistics-intensive companies.
• SkrymmoderateStrategic or Co-development Partner · 1 January 2024Skrym and SiB Solutions partner to eliminate logistics errors and stop sending air. The partnership focuses on reducing waste in logistics through combined solutions.
• Lund UniversityminorStrategic or Co-development Partner · 1 January 2024SiB Solutions collaborates with Lund University on sustainability research. The company participates in reference groups for research projects and supports student learning through presentations at the Logistics Service Management program.
• Dynamic SALSA (Sweden & Republic of Korea)minorStrategic or Co-development Partner · 1 May 2023SiB Solutions is one of seven organizations from Sweden and Republic of Korea participating in the international research project Dynamic SALSA focused on logistics innovation.
• ReeinventmoderateTechnology or Integration · 1 February 2023Reeinvent collaborates with SiB Solutions on UI/UX design for the logtech platform. Reeinvent contributes to user-centered and sustainable design of the software interface.
• Axis CommunicationscoreTechnology or Integration · 1 March 2017Axis Communications is the market leader in video cameras. SiB Solutions is an Authorized Partner of Axis Communications. The partnership provides the camera hardware component of the Intelligent Video Services platform. Axis has published a partner solution note for SiB Solutions.

Scale indicators15 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Voxel AI: Voxel applies computer vision to warehouses and industrial sites for safety, productivity, and incident analysis. Closest direct competitor in applying AI video analytics to operational workflows in logistics and warehousing.
• Scandit: Scandit provides computer-vision-based barcode scanning and data capture for retail, logistics, and manufacturing. Overlaps with SiB in augmenting manual logistics processes with vision-based capture and analytics.
• Irisity: Irisity is a video analytics AI provider (acquired by Axis Communications) specializing in AI-driven video analytics. Applies similar AI video analytics technology, originally security-focused but expanding into operational use cases; also a notable Axis partner overlap.

Emerging players

• Hangar / Verity: Verity (formerly Hangar) uses drones and computer vision for autonomous warehouse inventory. Targets the same logistics operations customers as SiB with a different (drone-based) data capture modality, competing for warehouse visibility budgets.
• Anyline: Anyline offers mobile computer vision and OCR for logistics, automotive, and retail workflows including tire and vehicle identification. Competes for budget allocated to computer-vision-enhanced logistics operations.

Broad incumbents

• Zebra Technologies: Zebra is a broad incumbent in enterprise asset intelligence, barcode/RFID, and warehouse mobility with computer vision and analytics offerings. Sells into the same logistics buyer and could expand into video analytics for warehouse processes.
• Honeywell Warehouse Solutions: Honeywell provides voice-directed warehousing, scanning, and increasingly vision-based warehouse solutions. Large incumbent with broad logistics footprint that could integrate similar video analytics capabilities.
• Cognex Corporation: Cognex is a leader in machine vision for industrial automation and logistics. While traditionally factory-floor focused, its barcode and tunnel-scanning products overlap with parts of SiB's logistics vision use cases.

Others

• Project44: Project44 is a supply chain visibility platform serving shippers, carriers, and 3PLs. Not a direct video competitor but competes for technology budget allocated to logistics visibility and exception management at the same customer base.
• FourKites: FourKites offers dynamic supply chain visibility and predictive ETA solutions for shippers and 3PLs. Adjacent in targeting logistics operations visibility, but competes for budget rather than direct computer vision functionality.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@SiB_Solutions
• LinkedInlinkedin.com/company/sib-solutions-ab

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds7 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SiB Solutions Group