Octave Shares New Brand

Octave, the potential software spin-off from Hexagon AB, unveiled its new brand identity, moving toward its transition into an independent company. Comprised of Hexagon’s Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions, alongside the Bricsys, ETQ and Projectmates businesses, Octave’s brand signals a vision to unleash intelligence at scale, the company says..

The new brand unifies a portfolio that solves and simplifies complexity across the lifecycle, from design and build to the operation and protection of people, property and assets.

“Octave exists to help customers make better decisions when complexity is high and the stakes matter,” says Mattias Stenberg, chief executive officer of Octave. “We aren't just launching a logo; this is a commitment to help organizations achieve the outcomes that matter most. When failure isn’t an option and success is essential, Octave provides the clarity and accountability leaders need to realize their most critical outcomes."

The Octave portfolio is powered by domain-specific artificial intelligence that helps organizations achieve outcomes across the lifecycle: Octave solutions provide intelligence to optimize performance across four core pillars:

• Design: Supports 3D modeling, engineering analysis, simulation and geospatial intelligence. 

• Build: Connects engineering, procurement, fabrication, construction and commissioning workflows. Octave solutions coordinate materials, track progress, manage changes and improve cost and schedule predictability.

• Operate: Unifies operational data, historical information, maintenance activities, quality systems and worker tools. This enables real-time insight, predictive intelligence.

• Protect: Elevates public safety, physical security and industrial cybersecurity. This includes incident response, emergency management, situational awareness, digital security and regulatory compliance.

As part of Octave’s new brand, the company also launched its new website, octave.com and a social media presence.

The spin-off of Octave remains subject to an ongoing separation process and final approval of the board and shareholders, as well as other conditions, consents and regulatory approvals. There can be no assurances a separation, spin-off or listing will occur.

Sources: Press materials received from the company and additional information gleaned from the company’s website.