What Axbit does

Axbit AS is a Norwegian software and consulting firm headquartered in Molde, founded in 2012. The company delivers applied AI, data platforms, advanced analytics, business intelligence, and system integration services to demanding operational industries — including offshore, energy, healthcare, aquaculture, agriculture, construction, lighting, and maritime. Its portfolio covers IoT (Nofence virtual fencing), machine learning for spectroscopy (Orivo) and underwater fish-health imaging (Createview), AR/VR (Brunvoll positioning interfaces, Barnekreftforeningen MRI-prep experience, Effee Induction AR, Convrs B2B metaverse), progressive web apps with offline capability (Axess Bridge, Cinderella Eco), and data-driven operations tools such as Pasientflyt for hospital scheduling and the Istad Kraft electricity app. Core service offerings include a Free AI Assessment, AI Advisory, and UX design.

The firm operates a sales-led, relationship-driven consulting model where clients engage Axbit directly for project work and can flexibly compose teams. Revenue is generated on a professional services basis, with pricing not publicly disclosed and project scopes ranging from advisory through to full development and continuous improvement of business-critical systems. The customer base is anchored by long-tenured enterprise relationships — most prominently PostNord (since 2016) and Nofence (since 2018) — supplemented by startups and public-sector bodies in adjacent verticals. Axbit employs approximately 15 people with 15 years of average industry experience, is 49% employee-owned, and has received Norway's Gazelle Award twice (2016, 2020) plus Molde Næringsforum's Company of the Year in 2019. The company claims global use of its solutions despite its Norwegian base and does not disclose external institutional investors or M&A history in the source data.

Name

Axbit

Legal name

Axbit AS

Website

https://axbit.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Axbit is a Molde, Norway-based software and consulting firm founded in 2012 that delivers applied AI, data platforms, IoT, AR/VR, and UX design services to enterprise clients across offshore, energy, healthcare, aquaculture, logistics, and maritime industries, anchored by multi-year engagements with PostNord and Nofence.

Ownership category

akta.pro rank

Product category

AI and Data Consulting Services

NAICS

Computer Systems Design Services (541512), Other Scientific and Technical Consulting Services (54169)

SIC

Services-Computer Integrated Systems Design (7373), Services-Engineering Services (8711)

akta.pro primary industry

Industrial & Process Engineering Consulting (BPAHAIAF)

akta.pro secondary industries

Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM), Telecommunications & Network Engineering Consulting (BPAHAIAH)

Keywords

• AI consulting services
• Data platform integration
• Machine learning solutions
• Industrial IoT development
• Applied AI engineering

Headquarters

HQ city

Molde

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services / Consulting: Axbit generates revenue through consulting services, providing specialized expertise in Data and AI, Technology, Applications, and Strategy. They assemble tailored teams for client projects and deliver solutions across various disciplines. The company works on project basis with flexibility to adjust team composition according to client needs.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Axbit is a Norwegian technology consulting firm that delivers AI, data, and software engineering services to demanding industries. Its core offering includes applied AI and machine learning solutions, business intelligence, advanced analytics, data platform development, system integration, bespoke application development, IoT solutions, UX design, and 3D/VR experiences. Engagements are project-based with tailored team composition provided as a flexible consulting service.

Product overview

Axbit is a Norwegian software and consulting company based in Molde, founded in 2012, that delivers AI and data solutions to demanding industries including offshore, energy, healthcare, aquaculture, agriculture, and construction. The company offers a portfolio of professional services including Free AI Assessment, AI Advisory, and UX Design, complemented by numerous client-specific projects and solutions across applications, machine learning, IoT, and 3D/VR technologies. Their solutions include logistics systems (PostNord DDS), virtual fencing (Nofence), aquaculture control systems (Cflow), healthcare planning tools (Pasientflyt), species recognition apps (Ibbi), lighting management (Glamox Connect), maritime positioning (Brunvoll), inspection platforms (Axess Bridge), VR medical experiences (Tento), electricity apps (Istad Kraft, Wattever), AR visualization (Effee), fish health analysis (Createview), and B2B metaverse (Convrs). The company operates with approximately 15 employees, 15 years average experience, and 49% employee ownership.

Differentiator

Problem solved

Functional benefit

Brands

• Tento: A VR experience developed for Barnekreftforeningen (Children's Cancer Association) to help children aged 6-14 prepare for MRI scans in an entertaining way, developed in collaboration with Stiftelsen Damm.

Products and services

• Free AI Assessment (Gratis AI-kartlegging) A complimentary AI mapping and assessment service for businesses that maps and evaluates how AI can benefit the organization, helping companies understand their AI readiness and identify potential use cases.
• AI Advisory (AI-rådgivning) AI consulting services for complex systems and operations in industry, helping organizations implement AI solutions tailored to their specific operational needs.
• UX Design User experience design services focused on operational excellence, creating intuitive interfaces for complex systems and applications across demanding industrial environments.
• Data and AI Consulting Consulting services covering business intelligence, advanced analytics, data platforms, and system integration for industry and production. Delivers end-to-end AI solutions that optimize data flow, increase efficiency, and strengthen performance across organizations.
• Technology Consulting Technology consulting services providing clients with technical expertise and architecture support for their digital initiatives, delivered as part of flexible team-based engagements.
• Applications Consulting Applications consulting services covering bespoke web, mobile, and desktop application development, including progressive web apps, IoT client software, AR/VR experiences, and 3D modeling tools.
• Strategy Consulting Strategy consulting services supporting organizations in defining their digital, AI, and technology roadmaps as part of Axbit's four-discipline consulting portfolio.

Quantifiable outcome

• 20,000+ app downloads in first year for Istad Kraft electricity app
• +2 more outcomes

Named customers17 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Five partnerships are on record, tiered supporting and core.

• ClarifysupportingTechnology or IntegrationCollaborated with Axbit on the Cflow Synergy Log project. Clarify worked alongside Axbit to develop an integrated system converting large amounts of data into curated infographics for aquaculture operations.
• SINTEFcoreStrategic or Co-development PartnerCollaborated with Axbit and Helse Møre og Romsdal to develop a decision-support tool for operating room scheduling at Ålesund Hospital. SINTEF contributed research expertise to uncover the true costs of waiting times.
• Stiftelsen DammsupportingStrategic or Co-development PartnerCollaboration with Axbit and Barnekreftforeningen to develop the Tento VR experience preparing children for MRI scans. Stiftelsen Damm contributed to educational content development.
• Arkitektur- og designhøgskolen i Oslo (OpenBridge)supportingStrategic or Co-development PartnerCollaboration with Axbit on the Brunvoll project. OpenBridge design system provided by the school enabled consistent maritime interface design across different vessels and systems.
• Axess DigitalcoreStrategic or Co-development PartnerAxess Bridge platform developed by Axbit for Axess. Now managed by Axess Digital. Platform consists of web apps including eDrops, Equip and NDT for inspections on wind farms and oil/gas installations.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Accenture Industry X: Accenture's industrial digital and engineering practice, delivering large-scale IoT, data, and AI programs for manufacturers, energy, and utilities globally. Represents the scaled-end incumbent alternative for any Axbit customer that outgrows boutique delivery.
• Sopra Steria: Major European IT services group with Nordic operations in Norway, Sweden, and Denmark. Competes with Axbit on digital transformation, data, and custom software for energy, public sector, and industry clients in the Nordics.
• CGI Group: Global IT and business consulting services firm with a sizable Nordic footprint (CGI Norge). Competes for Norwegian enterprise and public-sector systems integration, data, and digitalization programs similar to Axbit's engagements.
• Capgemini Engineering (formerly Altran): Global engineering services and R&D firm with strong industrial/embedded systems practice serving energy, maritime, and manufacturing clients. Comparable to Axbit at the level of IoT, system integration, and industrial AI work, but at vastly greater scale and geographic reach.
• ÅF / AFRY (Pöyry): Nordic-headquartered engineering, design, and consulting group with strong presence in energy, process industry, and infrastructure. Comparable to Axbit on industrial software, data, and digital engineering work for energy and process customers in the Nordics.
• TietoEVRY: Largest Nordic-headquartered IT services and software company with deep presence in Norway across industry, public sector, energy, and healthcare. A scaled incumbent whose industrial and AI practices compete for the same Norwegian enterprise programs Axbit targets.

Direct peers

• Bouvet ASA: Norwegian-listed IT and digital consulting firm delivering software development, data, and design services to public and private clients, including energy, oil & gas, and public sector. Closest scale-and-geography comparable to Axbit within Norway, competing for the same enterprise AI/data and digitalization budgets.
• Netlight Consulting: Nordic tech and digital strategy consultancy with offices across the Nordics, including Norway. Comparable to Axbit in being a senior-staffed, culture-driven firm delivering custom software, data, and AI work to enterprise clients.
• Knowit AS: Nordic consultancy delivering digital, data, and design services across Sweden, Norway, Finland, and Denmark. Direct overlap with Axbit on AI/data consulting and custom software for industrial and public-sector clients in the Nordic region.
• Computas AS: Norwegian technology and consulting firm specializing in AI, data platforms, and software development for both public and private sector clients. Direct overlap with Axbit on AI advisory, data engineering, and bespoke industrial/government software delivery in Norway.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/axbit
• LinkedInlinkedin.com/company/axbit-as
• Instagraminstagram.com/axbit_
• Xx.com/axbithq

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Axbit