Oktabit
Oktabit is a privately held Greek IT value-added distributor founded in 1992, representing 50+ global brands (Dell, Lenovo, Huawei) and selling through a nationwide channel partner network, while also operating Dell Exclusive Stores and developing VERO-branded hardware and Reccodo/Scibyl e-commerce SaaS platforms.
- Company typePrivate
- Founded1992
- HeadquartersAgía Paraskeví, Greece
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Oktabit does
Oktabit is a privately held Greek IT value-added distribution company founded in 1992, headquartered in Agia Paraskevi, Athens, with a regional branch in Thessaloniki. The company represents more than 50 global IT manufacturers — including Dell, Lenovo, Huawei Enterprise, APC, ASUS, Samsung, Sony, TP-Link, D-Link, Intel, Microsoft, and Legrand — and distributes their products through an extensive nationwide channel partner network of IT resellers, system integrators, and dealers across Greece. Oktabit also operates two Dell Exclusive Stores (The Mall Athens opened 2016; Mediterranean Cosmos Thessaloniki opened 2019) for direct consumer and SMB retail, and offers proprietary VERO-branded tablets, notebooks, and All-in-One PCs designed and distributed for the Greek market.
The company's technology stack combines distribution infrastructure with proprietary in-house R&D. The B2B online ordering platform supports multi-user management, RMA tracking, serial number and warranty checking, and personalized catalog delivery, used by approximately 50% of channel partners. Oktabit's R&D team has developed two SaaS platforms: Reccodo (launched 2020), an AI and machine learning platform providing real-time personalized product recommendations for e-commerce stores, and Scibyl (launched 2018), a cloud-based platform analyzing e-commerce purchasing behavior. The company also operates fully equipped testing and repair laboratories, holds EPSON Service Center status, and is certified to ISO 9001:2008 for quality management across its Athens and Thessaloniki facilities.
Oktabit's revenue model combines hardware distribution (the dominant revenue stream, generating sales through B2B channel partners), VERO branded hardware sales at unit pricing, recurring SaaS subscriptions from Reccodo and Scibyl, and professional services including pre- and post-sale technical support, repair services, and warranty management. Go-to-market is centered on channel partner enablement through technology days, training events in Athens, Thessaloniki, and regional cities, and a digital B2B platform. Financial performance shows consistent growth, with revenue rising from EUR 48.7M (2016) to EUR 84M (2020) and EBITDA expanding from EUR 1.97M (2016) to EUR 5.4M (2020). The company has been recognized as Dell Distributor of the Year for seven consecutive years through 2020, operates with approximately 90 employees as of 2017, and is independently owned with no disclosed external institutional or venture backing.
Oktabit firmographics
Firmographics- Name
- Oktabit
- Legal name
- OKTABIT Συστήματα Πληροφορικής Α.Ε.
- Website
- https://oktabit.gr
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Oktabit is a privately held Greek IT value-added distributor founded in 1992, representing 50+ global brands (Dell, Lenovo, Huawei) and selling through a nationwide channel partner network, while also operating Dell Exclusive Stores and developing VERO-branded hardware and Reccodo/Scibyl e-commerce SaaS platforms.
- Ownership category
- akta.pro rank
Oktabit industry classification
Industry- Product category
- IT Hardware Distribution
- NAICS
- Electronics and Appliance Retailers (4492), Software Publishers (513210)
- SIC
- Wholesale-Computers & Peripheral Equipment & Software (5045), Retail-Computer & Computer Software Stores (5734)
- akta.pro primary industry
- Consumer Electronics & Appliances Marketplaces (CRAFABAD)
- akta.pro secondary industry
- Tablets & E-Readers Retail (CRACABAB)
Keywords
Where Oktabit is headquartered
LocationHeadquarters
- HQ city
- Agía Paraskeví
- HQ country
- Greece
- HQ region
- Europe
Offices2 records
Markets served
Oktabit business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- IT Hardware Distribution: Oktabit generates the majority of its revenue through the distribution of branded IT hardware products including computers, servers, storage, networking equipment, UPS/power systems, peripherals, and accessories to channel partners and resellers across Greece.
- VERO Branded Hardware Sales: Sale of proprietary VERO branded tablets, notebooks, and All-in-One PCs developed and distributed by Oktabit to consumers and businesses.
- SaaS Subscriptions (Reccodo, Scibyl): Software-as-a-Service subscriptions for e-commerce intelligence (Reccodo AI platform) and customer behavior analytics (Scibyl platform). These cloud-native applications are offered on-demand to e-commerce businesses, representing a recurring revenue stream.
- Professional Services & Technical Support: Pre and post-sale technical support, repair services, and warranty management for distributed products. Oktabit operates fully equipped testing and repair laboratories and is an EPSON Service Center.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | One time/ perpetual license | VERO Tablet A82i (Intel Android) - 8 inch, retail pricing |
| Unit Pricing | One time/ perpetual license | VERO Tablet W120i 2in1 - 12 inch Windows |
| Unit Pricing | One time/ perpetual license | VERO Tablets W10i and W8i (Windows) |
| Unit Pricing | One time/ perpetual license | VERO Tablet X8i (Android) |
| Unit Pricing | One time/ perpetual license | VERO Tablet G8i (Intel Android, 7.9 inch) |
| Unit Pricing | One time/ perpetual license | VERO All-in-One C3320 |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Oktabit product offering
Product offeringCore offering
Oktabit distributes IT hardware and software from more than 50 global brands (Dell, Lenovo, Huawei Enterprise, APC, ASUS, Samsung, Sony, TP-Link, Legrand, Microsoft, Intel and others) to a Greek channel network of resellers and system integrators. The company additionally designs and sells its own VERO-branded tablets, notebooks and All-in-One PCs, operates two Dell Exclusive Stores for retail sales, and runs proprietary SaaS platforms Reccodo (AI/ML product recommendations) and Scibyl (e-commerce behavior analytics).
Product overview
Oktabit is primarily an IT technology distributor operating in Greece since 1992, reselling products from over 50 manufacturer brands (including Dell, Lenovo, ASUS, APC, Legrand, Logitech, Huawei, Samsung, Sony) to B2B partners. The company also develops its own branded products including VERO tablets and All-in-One PCs, and operates SaaS platforms (Reccodo and Scibyl) for e-commerce customer intelligence and analytics. The product portfolio spans computer hardware (desktops, laptops, servers), peripherals (monitors, printers, networking equipment), power protection (UPS, inverters), and enterprise software/cloud services.
Differentiator
Problem solved
Functional benefit
Brands
- VERO: Proprietary brand of tablets and computers manufactured and distributed by Oktabit in Greece, including VERO Tablets, VERO All-in-One PCs, and related computing devices.
- Reccodo
Products and services
- Reccodo AI and Machine Learning-powered SaaS platform that analyzes e-commerce consumer behavior in real time and generates personalized product recommendations aligned with store inventory and business priorities. Targeted at Greek e-commerce businesses.
- Scibyl Cloud-based SaaS application analyzing purchasing behavior of e-commerce customers. Developed by Oktabit's R&D department and offered as software-as-a-service to online retailers.
- VERO Tablets Oktabit's proprietary brand of tablet computers in Android and Windows variants (G8i, X8i, A82i, W8i, W10i, W120i) powered by Intel Atom processors with IPS displays, targeted at the Greek consumer and SMB retail market.
- VERO All-in-One PCs Oktabit's proprietary brand of All-in-One desktop computers (such as the C3320 with Intel Core i3) combining display and processing unit in a single device, targeted at Greek consumers and SMBs.
- IT Hardware and Software Distribution B2B distribution of branded IT products (computers, servers, storage, networking, UPS, peripherals, accessories and software) from 50+ global manufacturers including Dell, Lenovo, Huawei Enterprise, APC, ASUS, Samsung, Sony, TP-Link, Legrand, Microsoft and Intel, sold to Greek channel partners, resellers and system integrators.
- Pre and Post-Sale Technical Support and Repair Services Pre- and post-sale technical support, repair services, warranty management and RMA handling for distributed IT products. Includes fully equipped testing and repair laboratories at Athens HQ and an authorized EPSON Service Center. Sold to channel partners and end customers as part of the distribution relationship.
Quantifiable outcome
- Revenue increased from 53.15M EUR (2017) to 84M EUR (2020), a 58% increase over 3 years
- +3 more outcomes
Companies that use Oktabit
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Oktabit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature3 records
Oktabit partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- LegrandcoreOktabit serves as the Greek distributor for Legrand UPS solutions, including Modular, Conventional, and Consumer UPS product lines (0.6kVA to 800kVA range). Legrand is recognized globally for its innovative and technologically advanced UPS products.
- Blue Soft & ITminorDistribution partnership for Bitdefender security solutions covering both consumer and enterprise product lines in the Greek market. Blue Soft & IT is Bitdefender's authorized distributor in Greece.
- LenovocoreDistribution partnership for Lenovo IT products covering both professional and consumer product lines through Oktabit's partner network in Greece.
- D-Link HellascoreLong-standing partnership since 2004, with 10-year anniversary celebrated in 2014. D-Link networking solutions distributed through Oktabit's nationwide partner network. Partnership also covers emerging home automation products.
- IntelcoreIntel channel partner, recognized as the top distributor in the EMEA region for the Intel Channel Access program. VERO Tablets powered by Intel processors (Atom, Core series) are a key product line. Partnership includes access to Intel reference designs and technologies.
- TP-LinkcoreDistribution partnership for TP-Link networking products covering the needs of small and medium businesses as well as home users in the Greek market.
- Fujitsu Technology SolutionsminorDistribution partnership for Fujitsu professional scanners including document management, check processing, and questionnaire management solutions for the Greek market.
- Sony HellascoreExpanded partnership to cover the full range of Sony consumer products including televisions, camcorders, cameras, Blu Ray and DVD players, Home Cinema, MP3/4 players, and audio systems, building on existing IT product distribution.
- Huawei EnterprisecoreDistribution partnership for Huawei enterprise products including networking, campus switches, access routers, WLAN, security, and UC&C solutions. Partnership later expanded to include storage and surveillance products (2018).
- CyberPower SystemscoreCyberPower appointed Oktabit as its primary business partner in Greece for power management equipment and solutions. CyberPower is a leading global manufacturer of power management solutions.
- Samsung Electronics HellascoreDistribution partnership for Samsung IT products including laptops, netbooks, monitors, and printers in the Greek market through Oktabit's channel partner network.
- DellcoreExpanded partnership from enterprise-only to include Consumer and Small Business (CSB) product category covering Vostro, Inspiron, XPS laptops, Inspiron Duo and Streak tablets, and all-in-one PCs. Oktabit also distributes Dell PowerEdge servers, Dell PowerVault and EqualLogic storage, and Dell PowerConnect networking. Oktabit operates Dell Exclusive Stores.
- MicrosoftcoreMicrosoft channel partner enabling distribution of Windows licenses, Office 365, and server solutions. VERO devices come with Windows and Office 365 pre-installed. Oktabit participates in Microsoft partner programs and co-organizes technology days.
- Siemens Enterprise CommunicationsminorDistribution partnership for Siemens Enterprise Communications telephone systems (vPBX) for small and medium businesses including HiPath 1100 and OpenScape Office products.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Oktabit competitors and assessment
Company assessmentDirect peers
- Westcoast: UK-based IT distributor of similar mid-size scale, distributing IT products to channel partners across a single primary market and operating exclusive-brand retail (e.g., Dell Authorized) — closely matches Oktabit's Greek-market channel model and Dell store concept.
- Esprinet: Italy- and Iberian-headquartered IT distributor serving SMB resellers and retailers across Southern Europe with a similar mixed distribution-plus-services model and roughly comparable mid-size scale to Oktabit.
- Computer Gross Italia: Italian B2B IT distribution specialist with a similar focus on SMB channel partners, multi-brand aggregation, and value-added services — closely comparable in size and operating model.
- Exclusive Networks: European cybersecurity-focused value-added distributor that has extended into adjacent IT categories; comparable for its regional-channel IT distribution model and progressive push into SaaS/security subscription distribution that mirrors Oktabit's Reccodo/Scibyl SaaS ambitions.
- ALSO Group: Pan-European IT distributor (Switzerland-listed, ~€10B+ revenue) with a 'more than distribution' model that combines wholesale with cloud, SaaS, and IoT solutions — the closest analogue to Oktabit's combination of IT distribution plus proprietary SaaS (Reccodo/Scibyl).
- EET Group: European IT distribution and services group with operations across multiple European markets — comparable in its breadth of IT product aggregation and channel-partner-focused B2B operations.
- Logicom: Cyprus-headquartered IT distributor with extensive Greek and Eastern Mediterranean operations; directly comparable regional IT distributor with a similar portfolio of global brands (Dell, Lenovo, HP) and channel partner model serving resellers and system integrators.
Broad incumbents
- Ingram Micro: World's largest IT distributor before its 2020 acquisition by Platinum Equity; comparable as a broader incumbent against which Oktabit positions its regional aggregation strategy for global vendor portfolios.
- TD Synnex: Globally scaled IT distributor (~$60B+ revenue) — represents the upper-bound incumbent model Oktabit emulates at regional scale, with overlapping vendor partnerships (Dell, Lenovo, HP, Cisco) and increasingly comparable cloud/SaaS distribution capabilities.
- Arrow Electronics: Global IT distributor with enterprise/cloud focus; comparable as a broad incumbent in IT distribution whose scale economies and direct vendor relationships set the competitive floor for sub-scale regional distributors such as Oktabit.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Oktabit social profiles
Digital presenceOktabit compliance and trust
Trust signalCompliance2 records
Oktabit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oktabit leadership team
Management profileNumber of profiles
Profiles5 records
Oktabit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oktabit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Oktabit
What does Oktabit do?
Oktabit distributes IT hardware and software from more than 50 global brands (Dell, Lenovo, Huawei Enterprise, APC, ASUS, Samsung, Sony, TP-Link, Legrand, Microsoft, Intel and others) to a Greek channel network of resellers and system integrators. The company additionally designs and sells its own VERO-branded tablets, notebooks and All-in-One PCs, operates two Dell Exclusive Stores for retail sales, and runs proprietary SaaS platforms Reccodo (AI/ML product recommendations) and Scibyl (e-commerce behavior analytics).
Is Oktabit a public or private company?
Oktabit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Oktabit founded?
Oktabit was founded in 1992. It employs 51 to 100 people.
Where is Oktabit based?
Oktabit is headquartered in Agía Paraskeví, Greece, in the Europe region.
How does Oktabit make money?
Four revenue lines are on record. IT Hardware Distribution is the primary driver. The others are VERO Branded Hardware Sales, saaS Subscriptions (Reccodo, Scibyl) and professional Services & Technical Support.
Who are Oktabit's main competitors?
Direct peers on record are Westcoast, Esprinet, Computer Gross Italia, Exclusive Networks, ALSO Group, EET Group and Logicom. Broad incumbents are Ingram Micro, TD Synnex and Arrow Electronics.
Does Oktabit have an API?
No public API is recorded for Oktabit.
What industry is Oktabit in?
Oktabit's product category is IT Hardware Distribution. Its primary akta.pro industry code is CRAFABAD, Consumer Electronics & Appliances Marketplaces, with a secondary code of CRACABAB, Tablets & E-Readers Retail. Its NAICS code is 4492 and its SIC code is 5045.