Omega

What Omega does

Omega 365, legally Omega AS, is a Norwegian-headquartered technology and consulting group founded in 1987 that provides an integrated SaaS platform and professional consulting services for complex, multi-discipline project and asset management. The company primarily serves regulated, capital-intensive industries — oil and gas, energy, construction and infrastructure, mining, and increasingly healthcare and data centers — selling to large enterprises that run multi-year, multi-stakeholder projects in environments where document control, risk management, and ISO 19650 compliance are gating requirements. Named enterprise customers include Aibel, BKK, Vår Energi, Frimley Health NHS Foundation Trust, GATE Energy, and a Global Hyperscale Data Center Operator, with relationships structured around multi-year framework agreements that combine software subscriptions with embedded technical personnel.

The core technology is a SaaS platform built on Omega's proprietary Appframe application development framework and hosted on Microsoft Azure across multiple public cloud regions. The platform is architected around a single connected data structure that links engineering, execution, and operations across the full asset lifecycle and is delivered as approximately 18 interconnected modules spanning Document Management, Risk Management, Completion Management, BIM/Digital Twin, Operations and Assets, Cost Management, Contract Management, Resource Management, Quality Management, Interface Management, Status Reporting and Dashboards, Daily Log, Meetings, Workflows, Procurement and Bids, and Scope Scheduling. The group operates 15 wholly-owned subsidiaries spanning core software (Omega 365 Core, Solutions), consulting (Omega 365 Consulting), subsea services (Omega Subsea), design (Omega 365 Design), personnel placement (NSB-Omega), HSE (HMSREG), IT services (Omega 365 Protek, Lithuania), and regional market entities in the USA, Canada, and Denmark.

The business model combines two complementary revenue streams: SaaS software subscriptions sold on an annual, quote-based enterprise pricing model tied to modules and organizational scale, and professional consulting services delivered through Omega 365 Consulting via technical advisory engagements and temporary technical personnel supplied under framework agreements. Omega 365 is ISO 9001, 14001, 27001, and 45001 certified across most entities and holds sector pre-qualifications including Achilles Oil & Gas, Achilles UNCE, StartBank, Cybervadis, and Miljøfyrtårn. The company was recognized as an Innovator in the 2025 Verdantix Green Quadrant Construction Management Software benchmark. The group is privately held, appears founder or management-owned given the absence of disclosed external investment, and operates across Norway, North America, the Baltics, and Scandinavia with approximately 5,001-10,000 employees.

Name

Omega

Legal name

Omega AS

Website

https://omega365.com

Company type

Private

Founded year

2026

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Omega 365 is a Norwegian-headquartered SaaS and consulting group that provides an integrated project and asset management platform, sold primarily to large enterprises in oil and gas, energy, construction, healthcare, and data centers via annual subscriptions and framework agreements for embedded technical personnel.

Ownership category

akta.pro rank

Product category

Project and Asset Management Software

NAICS

Software Publishers (513210), Software Publishers (51321), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372), Wholesale-Computers & Peripheral Equipment & Software (5045)

akta.pro primary industry

Multi-Condition RPM Platforms & Care Orchestration (device-agnostic, population management) (HLALAFAL)

akta.pro secondary industry

Chronic Care & Remote Patient Monitoring (RPM) Platforms (HLALABAF)

Keywords

• Project management software
• Asset management platform
• Construction management software
• BIM digital twin
• Consulting services

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Software Subscriptions: Omega 365 operates as a SaaS platform providing project and asset management software on a subscription basis. The platform is continuously updated and offered as an off-the-shelf solution.
2. Consulting Services: Omega 365 Consulting provides technical advisory services, temporary technical personnel, and framework agreements with clients in energy, oil & gas, and infrastructure sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Omega 365 is a SaaS platform for project and asset management, built on one connected data structure that links engineering, execution, and operations across the full asset lifecycle. It serves industries including oil & gas, energy, construction, mining, and infrastructure, complemented by Omega 365 Consulting, which delivers technical advisory services and temporary technical personnel under multi-year framework agreements with enterprise clients.

Product overview

Omega 365 is a unified SaaS platform for project and asset management, consisting of a comprehensive core platform with multiple integrated modules. The platform includes Document Management, Risk Management, Completion Management, BIM/Digital Twin, Operations & Assets, Cost Management, Contract Management, Resource Management, Quality Management, Interface Management, Status Reporting & Dashboards, Daily Log, Meetings, Workflows, Procurement & Bids, and Scope Scheduling modules. The platform is built on one connected data structure that links engineering, execution, and operations across the full asset lifecycle. Omega 365 is offered alongside complementary services including Omega 365 Consulting (technical advisory and personnel services) and Omega 365 Academy (e-learning and training). The company operates multiple sub-brands including Omega Subsea, Omega 365 Protek, Omega 365 Design, NSB-Omega, and M3 Project Solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Omega 365 Software: SaaS platform for project and asset management
• Omega 365 Consulting
• Omega 365 Protek
• Omega 365 Design
• Omega Subsea
• Lifehack
• Advantage

Products and services

• Omega 365 Platform A SaaS platform for project and asset management, built on one connected data structure that links engineering, execution, and operations across the full asset lifecycle. Used by enterprises in oil & gas, energy, construction, mining, and infrastructure to plan, execute, and handover complex capital projects with AI-powered risk and document automation and ISO 19650-compliant information management.
• Omega 365 Consulting Professional consulting services delivered to enterprises in oil & gas, energy, infrastructure, and buildings. Provides technical advisory services, temporary technical personnel, and multi-year framework agreements covering engineering, project management, MC&Commissioning, IT Service Management, and HSE. Recent framework agreement extensions and renewals include Aibel (extended May 2026), BKK AS (signed November 2025), and Vår Energi (renewed November 2025).

Quantifiable outcome

• Framework agreement renewals demonstrate strong customer retention and satisfaction

Named customers6 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core, major and minor.

• AibelcoreStrategic or Co-development Partner · 20 May 2026Framework agreement with Aibel for technical advisory services and temporary technical personnel. Originally signed four years ago, the agreement was extended for an additional two years in May 2026, demonstrating strong long-term collaboration.
• BKKmajorStrategic or Co-development Partner · 25 November 2025Multi-year framework agreement with BKK AS, a leading company in energy distribution and power grid development in Western Norway. Omega 365 Consulting provides technical advisory services and temporary technical personnel, strengthening presence in the energy sector.
• Vår EnergicoreStrategic or Co-development Partner · 13 November 2025Renewed and extended framework agreement with Vår Energi, one of Norway's largest oil and gas companies. The agreement ensures continued delivery of project personnel to Vår Energi's activities, strengthening the long-standing collaboration.
• Microsoft AzurecoreTechnology or IntegrationMicrosoft Azure is the cloud infrastructure provider for Omega 365's SaaS platform. Omega 365 is ISO 27001 certified and partners with Microsoft Azure for privacy, security, and compliance. The platform is available across all Microsoft Azure public cloud regions.
• Northern LightsminorStrategic or Co-development PartnerNorthern Lights is a carbon capture and storage project. Omega 365 Consulting is involved in this green project as part of their commitment to sustainable innovation and greener future initiatives.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• AVEVA: Industrial software platform (formerly Schneider Electric software) serving oil & gas, power, and infrastructure with project execution and asset management capabilities. Highly comparable to Omega 365's oil & gas and energy customer base and lifecycle coverage.
• Hexagon (PPM / Asset Lifecycle Intelligence): Provides enterprise project portfolio management and asset lifecycle solutions (HxGN SDx, jBPM, Ecosys) for industrial and infrastructure owners, EPCs, and operators — competing directly with Omega 365 in regulated asset-heavy environments.
• Procore: Construction management SaaS platform covering project execution, document control, and field operations. Overlaps with Omega 365's construction vertical but is broader and more focused on commercial/vertical construction than oil & gas and energy infrastructure.
• Oracle Construction and Engineering (Primavera / Aconex): Primavera P6 and Aconex are widely deployed project management and collaboration platforms for large engineering and construction projects, directly overlapping with Omega 365's planning, scheduling, document, and risk modules.
• Bentley Systems: Provides ProjectWise and other infrastructure engineering / construction project management software serving similar asset-heavy, regulated industries (energy, utilities, transportation). Closest direct functional overlap with Omega 365's document, BIM and project lifecycle capabilities.
• Autodesk Construction Cloud: Integrated construction management suite (BIM 360 / Build / Docs / Takeoff) targeting similar owner, EPC, and contractor buyers. Comparable BIM, document, and project execution focus; much larger scale and ecosystem.
• IFS: Enterprise software for asset-heavy industries (power, energy, construction, aerospace) including project-based ERP, EAM, and field service management. Comparable project and asset management coverage for industrial customers.

Broad incumbents

• Deltek: Project-based ERP and project management software for AEC, government contracting, and professional services. Comparable project-centric workflow coverage, though typically aimed at smaller firms and professional services rather than oil & gas majors.
• Trimble (Trimble Construction / Viewpoint): Broad construction technology portfolio spanning hardware, software (Tekla, Viewpoint, e-Builder) and BIM. Competes with Omega 365 in construction and infrastructure but at much greater scale and across hardware-software bundles.

Emerging players

• Safran (Project / Risk / PLM): Provides enterprise project management and risk solutions (including project portfolio and earned value management software) used in aerospace and defense, with growing relevance to industrial and infrastructure projects comparable to Omega 365's risk and document modules.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/omega365

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries15 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Omega