Olivetti

What Olivetti does

Olivetti S.p.A. is a wholly-owned subsidiary of Gruppo TIM (Telecom Italia) operating as the IoT-specialized vehicle within TIM Enterprise. Founded in 1908 in Ivrea, Italy, the company combines a historic Italian industrial brand with a current strategic focus on Internet of Things, Big Data analytics, and Smart City platforms. Its IoT portfolio centers on the TIM Urban Genius urban intelligence platform (AI and Big Data-driven holistic city management), supported by vertical solutions including Infrastructure Monitoring (for pipelines, dams, bridges, power lines, and industrial plants), Smart Metering (water and gas networks), TIM Intelligent Parking, and TIM Digital for Retail. These offerings are powered by TIM's 5G network (claimed connectivity up to 1 million devices per sq km) and enriched by M2M connectivity services and Big Data analytics sourced from TIM mobile network data. The company also retains a legacy Office product business spanning printers, multifunction printers, calculators, and Managed Print Services.

The company's business model is hybrid: recurring IoT subscriptions and usage-based M2M connectivity for enterprise IoT customers, hardware sales of office products, professional services and warranty support, and data monetization services. Distribution is predominantly indirect through a 160+ certified dealer network in Italy (Concessionari, Dealer Vad, Solution Partners, Distributors, Retailers) plus international sales agencies in Germany, Spain, the UK, Austria/Switzerland, the Nordics, Israel, Iraq, and Serbia. Direct enterprise sales are handled through TIM Enterprise. Primary customer segments are Italian public administrations (over 20 municipalities on the Urban Genius platform), industrial enterprises (Industry 4.0), and office/SMB/enterprise hardware buyers. The company also holds a portfolio of wholly-owned subsidiaries (TIESSE, TI Trust Technologies, Mindicity, W.A.Y., Seco) supporting digital identity, urban intelligence, satellite localization, and industrial IoT capabilities.

In December 2023, Olivetti divested its retail cash systems business unit to Buffetti (Gruppo Dylog) to refocus on IoT. The company is certified B Corp (June 2026), ISO 14001 (Ivrea headquarters), ISO 37001 (anti-corruption), and maintains compliance with EU WEEE, RoHS, RED DA cybersecurity, and UK PSTI regulations. Registered capital is €11 million and headcount is 251-500 employees.

Name

Olivetti

Legal name

Olivetti S.p.A.

Website

https://olivetti.com

Company type

Private

Founded year

1908

Operating status

Operating

Headcount range

251–500 employees

Short description

Olivetti S.p.A., a wholly-owned TIM Group subsidiary, provides IoT-enabled Smart City solutions (TIM Urban Genius, Infrastructure Monitoring, Smart Metering, Intelligent Parking) and traditional office products, serving Italian public administrations, industrial enterprises, and SMB customers across Europe and the Middle East.

Ownership category

akta.pro rank

Product category

IoT Solutions and Office Equipment

NAICS

Commercial and Service Industry Machinery Manufacturing (33331)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Smart Cities & Urban Innovation Programs (Digital Planning, Civic Tech for Cities) (BPAIANAJ)

akta.pro secondary industries

Smart Parking, Curb & Mobility Management (Facilities) (HSAPAPAK), Product/IoT & Smart Device Support (Consumer/Industrial IoT) (BPAAACAH), Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC), Building Connectivity Infrastructure (Wired/Wireless, Gateways, Edge) (HSAPAPAN), IoT Farm Sensors & Edge Devices (Soil, Weather, Crop, Water) (AFAAAFAC)

Keywords

• IoT solutions
• Smart city platforms
• Managed print services
• Office printing equipment
• Machine-to-machine connectivity

Headquarters

HQ city

Ivrea

HQ country

Italy

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales

Revenue model

1. IoT Solutions and Smart City Platforms: Olivetti generates revenue through IoT solutions including TIM Urban Genius smart city platform, Infrastructure Monitoring, Smart Metering, Intelligent Parking, and Digital For Retail offerings, delivered as TIM Enterprise powered solutions.
2. Office Products Hardware and Software: Sale of office equipment including printers, multifunction printers, calculators, Managed Print Services, and related accessories and consumables.
3. Professional Services and Support: Technical support, warranty services, and assistance provided through certified dealer network and direct support lines.
4. M2M/IoT Connectivity Services: Machine-to-machine connectivity services enabling object digitization, data transmission, and remote device control for business customers.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Olivetti is a TIM Group company that sells IoT solutions (TIM Urban Genius urban intelligence platform, Infrastructure Monitoring, Smart Metering, TIM Intelligent Parking, TIM Digital For Retail), Big Data analytics, and M2M connectivity services for Smart City, Industry 4.0, and Smart Agriculture verticals, alongside traditional office products including printers, multifunction printers, calculators, and Managed Print Services. The company operates as a TIM Enterprise brand leveraging 5G, AI, and Digital Twin technology.

Product overview

Olivetti is a TIM Group company specialized in IoT, operating within TIM Enterprise. The company offers a dual portfolio combining Smart City/IoT solutions with traditional Office products. The IoT portfolio includes the TIM Urban Genius urban intelligence platform powered by AI and Big Data, complemented by vertical IoT solutions (Infrastructure Monitoring, Smart Metering, TIM Intelligent Parking, TIM Digital For Retail), Big Data analytics services, and M2M connectivity. The Office portfolio spans printers, multifunction printers, calculators, and Managed Print Services. The company positions itself as leveraging 5G technology for business enablement and digital transformation across Smart City, Industry 4.0, and Smart Agriculture verticals.

Differentiator

Problem solved

Functional benefit

Products and services

• TIM Urban Genius
• Infrastructure Monitoring
• Smart Metering
• TIM Intelligent Parking
• TIM Digital For Retail
• Big Data Solutions
• M2M Connectivity
• Printers
• Multifunction Printers
• Calculators
• Managed Print Services

Quantifiable outcome

• Up to 31% reduction in infrastructure management costs
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature7 records

Partnerships

Five partnerships are on record, tiered former and core.

• Buffetti (Gruppo Dylog)formerOthers · 7 September 2023Buffetti acquired Olivetti's retail cash systems business unit. The transaction was announced on September 7, 2023, with completion on December 1, 2023. This transferred the POS/cash register business to Buffetti.
• TIM Smart Infrastructure Challenge PartnerscoreStrategic or Co-development PartnerTIM Smart Infrastructure Challenge launched in partnership with global startups and organizations to develop advanced tools for transforming territories into intelligent, resilient systems using AI, smart sensors, and digital twin technologies.
• TIESSE S.c.p.a.coreOthersTIESSE S.c.p.a. is an Olivetti subsidiary (controlled company) specializing in technology solutions. DPO contact: [email protected]
• TI Trust TechnologiescoreTechnology or IntegrationPart of TIM Group managing digital identity and validation solutions for people and things, and data/document lifecycle management in conformance with Italian and European legislation.
• TIM Study CentrecoreStrategic or Co-development PartnerTIM Study Centre published research on smart infrastructure in Italy, finding that AI and digital twin technologies can reduce infrastructure costs by 31% and prevent 27% of structural collapses.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Worldsensing: Worldsensing provides IoT-based infrastructure monitoring (bridges, tunnels, mines, railways), directly comparable to Olivetti's Infrastructure Monitoring solution and increasingly competing for the same municipal/industrial monitoring RFPs in Europe.

Broad incumbents

• Siemens Smart Infrastructure: Siemens Smart Infrastructure delivers digital solutions for buildings, energy networks, and urban infrastructure — directly comparable to Olivetti's smart-city / infrastructure monitoring offerings, and a much larger incumbent competitor within Italy (e.g., Siemens Italy).
• Honeywell Building Technologies: Honeywell provides smart-city, smart-building, and infrastructure-monitoring solutions (City IQ, Forge) competing with Olivetti's urban intelligence and infrastructure monitoring offerings in public administration and industrial segments.
• Schneider Electric (EcoStruxure): Schneider Electric's EcoStruxure platform delivers IoT-enabled building, energy, and grid management solutions for utilities and municipalities, directly comparable to Olivetti's TIM Urban Genius, Smart Metering and infrastructure monitoring stack.
• Vodafone Business IoT: Vodafone provides managed IoT connectivity and smart-city platforms to enterprises and public sector, with a similar M2M connectivity + vertical IoT play to Olivetti/TIM Enterprise's IoT stack — a direct mobile-operator competitor for managed IoT service contracts.
• Engie (Smart Cities & District Solutions): Engie provides smart-city, district heating, and energy-network digital solutions across Europe, broadly overlapping with Olivetti's smart city, smart metering and infrastructure digitalization offerings, particularly in continental Europe.
• Cisco IoT (Cisco Kinetic / Industrial IoT): Cisco provides IoT networking, edge, and industrial IoT solutions (including for smart city, utilities, and infrastructure monitoring) that overlap with Olivetti's IoT connectivity, smart metering, and infrastructure monitoring portfolio.

Direct peers

• Ricoh (Ricoh Smart Integration): Ricoh is a direct peer for Olivetti's Office business (printers, multifunction printers, managed print services) and increasingly competes in IoT/digital workspace — a fellow legacy office-equipment vendor that has pivoted to managed services and digital transformation.
• Kamstrup: Kamstrup supplies smart metering solutions for water, heat, and electricity, directly competing with Olivetti Smart Metering in the Italian and European utility market.
• Itron: Itron is a global leader in smart metering, smart water, and smart grid solutions, directly comparable to Olivetti's Smart Metering (water and gas) offering and broadly competitive for Italian utility IoT deals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OlivettiOnline
• YouTubeyoutube.com/OlivettiOnline
• LinkedInlinkedin.com/company/olivetti
• Facebookfacebook.com/Olivetti

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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 Olivetti