Industrial Path Solutions

Name

Industrial Path Solutions

Legal name

Industrial Path Solutions Sweden AB

Website

https://industrialpathsolutions.se

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Göteborg

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses and Subscriptions: IPS generates revenue through licensing of its simulation software suite. The company offers its software modules to manufacturing companies for tasks including assembly feasibility, flexible components design, robot optimization, and simulation of complex flow and surface treatment processes. Pricing appears to be quote-based for enterprise customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Industrial Path Solutions (IPS) develops and licenses a comprehensive simulation software suite based on proprietary algorithms for virtual product realization in manufacturing. The platform comprises 16 specialized modules covering robot path optimization, paint and coating simulation, sealing and adhesives, oven curing, cable and flexible component routing, ergonomics, point cloud processing, and immersive VR review, sold to leading global automotive, aerospace, and industrial manufacturers.

Product overview

IPS (Industrial Path Solutions) is a comprehensive software suite based on innovative algorithms for virtual product realization, used by world's leading manufacturing companies for tasks ranging from assembly feasibility, flexible components design, robot optimization, to simulation of complex flow and surface treatment processes. The platform operates as a core platform with 16 specialized software modules covering robotics (IPS Robot Optimization, IPS Rigid Body Path Planner), surface treatment (IPS Virtual Paint - Spray, IPS Projection Simulation, IPS Sealing & Adhesives, IPS Oven Simulation, IPS Hanging Optimization), multiphysics simulation (IPS IBOFlow, IPS Demify), ergonomics (IPS IMMA), geometry handling (IPS Pointcloud Tools, IPS Boot Packer, IPS Inspection Path Planner), and flexible materials (IPS Cable Simulation, IPS Bellows & Grommets, IPS Virtual Reality).

Differentiator

Problem solved

Functional benefit

Brands

• IPS Cable Simulation: Real time simulation of flexible cables and hoses
• IPS IMMA
• IPS Robot Optimization
• IPS Demify
• IPS Bellows & Grommets
• IPS Virtual Paint - Spray
• IPS Sealing & Adhesives
• IPS Oven Simulation
• IPS Projection Simulation
• IPS Hanging Optimization
• IPS Rigid Body Path Planner
• IPS IBOFlow
• IPS Inspection Path Planner
• IPS Virtual Reality
• IPS Pointcloud Tools
• IPS Boot Packer

Products and services

• IPS Cable Simulation Real-time simulation of flexible materials for cables and hoses, enabling engineers to model and validate cable routing and routing feasibility during product development.
• IPS IMMA Fast and efficient algorithms for easy evaluation of assembly ergonomics that considers human diversity using a realistic biomechanical model.
• IPS Robot Optimization Award-winning technology for robotics that delivers proven results of 75% faster commissioning and 25% improved cycle time through automatic optimization of robot paths and process parameters.
• IPS Demify GPU-based DEM solver for simulating particle and granular materials, combining cutting-edge GPU performance with intuitive GUI and API interface, versatile particle shape models, fracture, and flexible post-processing.
• IPS Bellows & Grommets Simulates flexible, moving bellows and grommets with fine structures using a fast FEM-based approach.
• IPS Virtual Paint - Spray Revolutionary spray painting simulation capable of producing accurate results in only a few hours on a desktop computer, with unique algorithms for coupled simulation of air flow, electrostatics, and charged paint particles with fully automatic meshing.
• IPS Sealing & Adhesives Accurate simulation of the sealing deposition process taking the complex material rheology and surface flow into account, with an add-on available for adhesives.
• IPS Oven Simulation Designs oven systems to optimize heat transfer and curing using a conjugated heat transfer approach combining detailed airflow simulations with resolved heat transfer within the target, with state-of-the-art adaptive mesh algorithms.
• IPS Projection Simulation Award-winning technology for virtual product preparation of key surface treatment processes such as spray painting, high-pressure washing, and thermal spray, enabling fine-tuning of robot paths and process parameters.
• IPS Hanging Optimization Creates and optimizes hanging patterns for conveyor systems to increase throughput of parts, finding optimal spacing between hangers that avoids collisions and ensures minimum clearance.
• IPS Rigid Body Path Planner Automatically generates collision-free paths for assembly or disassembly operations in the manufacturing industry, letting users quickly find collision-free paths for any object(s) in the scene.
• IPS IBOFlow State-of-the-art flow simulation software (Immersed Boundary Octree Flow Solver) requiring minimum preprocessing to simulate complex flow and multiphysics applications, featuring automatic meshing, GPU acceleration, and the Volume of Fluid method for multiphase flow.
• IPS Inspection Path Planner Automatic programming and optimization of coordinate measurement machines that can reduce both commissioning and the station's cycle time, providing collision-free and optimized inspection tasks.
• IPS Virtual Reality Views and interacts with simulations in one-to-one scale, allowing users to play simulations, manipulate flexible and rigid objects, use distance and collision measures, and assemble/disassemble objects directly in VR.
• IPS Pointcloud Tools Visualizes and performs calculations on billions of points, combining real-world scanned pointclouds with virtual world designs while using all powerful functionalities of IPS.
• IPS Boot Packer Automatically calculates how many boxes can be placed inside a trunk or multi-compartment container using ISO 3832 standard dimensions, providing objective and repeatable assessment of usable luggage space.

Quantifiable outcome

• 75% faster robot commissioning when using IPS Robot Optimization
• +1 more outcomes

Named customers38 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• NvidiacoreTechnology or IntegrationNvidia is listed as a partner, suggesting technology collaboration for GPU acceleration capabilities that support IPS simulation performance. The partnership likely enables the GPU-based DEM solver (Demify) and IBOFlow acceleration.
• RD&T TechnologycoreTechnology or IntegrationRD&T Technology is listed as a partner, suggesting integration with geometry variation simulation technology that complements IPS inspection path planning capabilities.
• University of SkövdeminorStrategic or Co-development PartnerUniversity partnership for research collaboration and talent development in simulation technologies.
• Fraunhofer-Chalmers CentrecoreStrategic or Co-development PartnerPart of the IPS corporate network, Fraunhofer-Chalmers Centre contributes to fluid-structure interaction simulation (LaStFEM) and is integrated into the IPS platform for multiphysics applications.
• Fraunhofer ITWMcoreStrategic or Co-development PartnerPart of the IPS corporate network, Fraunhofer ITWM is a research partner contributing to the simulation technology ecosystem.
• fleXstructures GmbHcoreTechnology or IntegrationPart of the IPS corporate network, fleXstructures GmbH provides additional structural simulation capabilities within the IPS platform ecosystem.
• IPS ABcoreTechnology or IntegrationCore corporate entity within the IPS group providing the primary simulation platform and software suite.
• IPS IBOFlow ABcoreTechnology or IntegrationSpecialized subsidiary focused on IBOFlow technology - the Immersed Boundary Octree Flow Solver embedded in virtual paint shop modules and CST Microwave Studio for electronics cooling.
• IPS Particle Technology ABcoreTechnology or IntegrationSpecialized subsidiary focused on Demify GPU-based DEM solver for particle and granular material simulation within the IPS platform.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Siemens Digital Industries Software: Siemens' Tecnomatix portfolio includes Process Simulate for robotics, paint shop, and assembly simulation - directly competing with IPS's robot optimization, virtual paint, and sealing modules for the same automotive OEM customers.
• Dassault Systèmes: DELMIA on the 3DEXPERIENCE platform provides digital manufacturing simulation including robotics, ergonomics (similar to IPS IMMA), and paint shop solutions, serving the same automotive and aerospace customers as IPS.
• ANSYS: ANSYS Fluent and ANSYS Mechanical are widely used multiphysics simulation platforms that overlap with IPS IBOFlow (fluid dynamics) and IPS Bellows & Grommets (FEM) in automotive and aerospace engineering workflows.
• Autodesk: Autodesk's Fusion 360 and PowerMill provide CAE and manufacturing simulation tools used in product development workflows overlapping with IPS's flexible components and assembly modules.
• Rockwell Automation: Rockwell's Emulate3D and FactoryTalk offerings provide digital twin and industrial automation simulation that overlap with IPS's manufacturing process and robotics simulation modules in factory design.

Direct peers

• Altair Engineering: Altair offers simulation tools (HyperWorks, Inspire) covering structural, fluid, and discrete element analysis, directly overlapping with IPS Demify (DEM), IBOFlow, and CAE workflows for manufacturing customers.
• Hexagon (MSC Software): MSC Software's Adams and Cradle CFD are used for multibody dynamics and CFD - overlapping with IPS Rigid Body Path Planner and IBOFlow for automotive engineering and assembly simulation.
• COMSOL: COMSOL Multiphysics provides coupled multiphysics simulation for manufacturing and process applications, competing with IPS's IBOFlow and oven simulation modules in research and industrial engineering contexts.
• Visual Components: Visual Components specializes in 3D manufacturing simulation and robotics offline programming, closely competing with IPS Robot Optimization and IPS Rigid Body Path Planner for factory layout and robotics commissioning use cases.

Emerging players

• Materialise: Materialise provides manufacturing software including process simulation and pointcloud handling for industrial applications, partially overlapping with IPS Pointcloud Tools and IPS Cable Simulation in additive manufacturing and design workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCMDcRvIp1lbxenPu8sFsluQ
• LinkedInlinkedin.com/company/industrial-path-solutions

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Industrial Path Solutions