Observit AB
SSTO:OBSE0.61
SEK
+0.01
(+2.33%)
ISIN
SE0017911704
Return %
Stock
S&P 500
1Y
12.25
14.20
3Y
296.13
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Thomas Jönsson
- Full Time Employees
- 21
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Sundsvall Sweden
- IPO Date
- Jun 21, 2023
- Website
- observit.se
- Similar Companies
- Business
- Observit AB provides cloud-based video surveillance software and digital fleet management solutions for the public transportation and commercial vehicle sectors. The company operates primarily through a software-as-a-service (SaaS) model, delivering mobile video surveillance as a service (VSaaS) to enhance passenger safety, driver security, fleet asset integrity, and operational compliance. Observit AB's core product and service portfolio comprises centralized video management software (VMS) platforms for onboard vehicle monitoring; automated wireless offloading and remote retrieval systems for scheduled and event-triggered video recordings; continuous health-check and diagnostic monitoring software for real-time status reporting on cameras, storage devices, and communication links; telematics-integrated video playback tools correlating multi-camera footage with GPS positioning and vehicle telemetry; automated privacy masking and video anonymization utilities ensuring compliance with data privacy regulations; secure digital evidence packaging and export portals for law enforcement and insurance investigations; and hardware-agnostic API integration services compatible with third-party IP cameras, network video recorders, and mobile gateway routers. The company serves public transport authorities, municipal transit agencies, commercial bus operators, passenger rail operators, tram networks, and special vehicle fleets. In recent developments, Observit AB executed its public listing on the Nasdaq First North Growth Market, expanded its direct commercial operations and distributor networks across the United Kingdom and continental Europe, rolled out artificial intelligence-driven video analytics modules for automated passenger counting and driver monitoring, and entered strategic technology alliances with leading surveillance hardware manufacturers to integrate native cloud connectivity into onboard security equipment. Founded in 1996, Observit AB is headquartered in Sundsvall, Sweden, and operates across the Nordic countries, the United Kingdom, and the broader European market.