K

konciv

lightning_bolt Market Research

KONCIV Company Profile



Background



Overview

KONCIV is a Norwegian technology company specializing in digital logistics solutions. Established in 2017, the company focuses on providing cloud-based, low-code software platforms designed to streamline operations and logistics for industrial applications. KONCIV's mission is to reduce implementation time, cost, and risk in delivering industrial applications by offering efficient and sustainable solutions. The company is recognized for its contributions to enhancing productivity and efficiency in heavy asset industries, particularly within the oil and gas sector.

Mission and Vision

KONCIV aims to revolutionize industrial logistics by delivering innovative, cloud-based solutions that facilitate seamless collaboration and operational efficiency. The company's vision is to be a leading provider of digital logistics platforms, enabling industries to achieve sustainable growth through optimized operations.

Primary Area of Focus

KONCIV specializes in developing digital logistics platforms that integrate various operational processes, including warehouse management, personnel coordination, and terminal operations. The company's solutions are tailored to meet the specific needs of industries such as oilfield services, renewable energy, ports, and offshore terminals.

Industry Significance

KONCIV plays a pivotal role in the digital transformation of logistics within heavy asset industries. By providing tools that enhance operational efficiency and sustainability, the company contributes to reducing CO₂ emissions and supports the UN's sustainability goals, particularly Goal 9: Industry, Innovation, and Infrastructure.

Key Strategic Focus



Core Objectives

  • Operational Efficiency: Develop and implement solutions that streamline logistics and operational processes, reducing time and costs.

  • Sustainability: Create technologies that help industries minimize their environmental impact, particularly in reducing CO₂ emissions.

  • Innovation: Continuously innovate to provide cutting-edge solutions that address the evolving needs of industrial logistics.


Specific Areas of Specialization

  • Digital Logistics Platforms: Design and deploy cloud-based platforms that integrate various operational processes.

  • Terminal and Yard Management: Offer solutions for efficient storage, assembly, and management of industrial components, with a focus on the wind industry.

  • Personnel Coordination: Provide tools for effective management of personnel, including shift rotations and competency tracking.


Key Technologies Utilized

  • Cloud Computing: Utilize scalable and flexible cloud infrastructure to support real-time data processing and collaboration.

  • Low-Code Development: Employ low-code platforms to enable rapid application development and customization.

  • Artificial Intelligence: Integrate AI-driven algorithms for autonomous planning and optimization of logistics operations.


Primary Markets Targeted

  • Oil and Gas Industry: Enhance logistics and supply chain operations for offshore and onshore facilities.

  • Renewable Energy Sector: Support logistics for wind energy projects, including terminal and yard management.

  • Port and Offshore Terminals: Provide solutions for efficient terminal operations and asset management.


Financials and Funding



Funding History

KONCIV has secured strategic investments to support its growth and development:

  • 2017: Kongsberg Digital acquired a 34% stake in KONCIV, integrating the company's cloud solution into Kongsberg Digital's digital platform.

  • May 2020: Through a private placement, Kongsberg Digital increased its equity share to 40.22%, and private investor Jacob Møller joined as chairman and investor.


Financial Performance

As of 2025, KONCIV reported a revenue of $1.9 million, achieved with a team of 17 employees.

Utilization of Capital

The capital raised has been utilized to:

  • Product Development: Enhance and expand the company's digital logistics platforms.

  • Market Expansion: Enter new markets, particularly in the renewable energy sector.

  • Operational Scaling: Increase operational capacity to meet growing customer demand.


Pipeline Development



Key Pipeline Candidates

KONCIV is focusing on the following developments:

  • Terminal and Yard Management Solutions: Develop next-generation solutions for storing and assembling wind turbines, supported by a grant from Innovation Norway.

  • Autonomous Planning Tools: Create AI-driven tools for autonomous planning and space optimization in port operations.


Stages of Development

  • Research and Development: Ongoing development of AI algorithms for logistics optimization.

  • Pilot Testing: Implementing pilot projects with industry partners to validate new solutions.

  • Commercialization: Scaling successful solutions for broader market adoption.


Target Conditions

  • Wind Industry: Address logistics challenges in the storage and assembly of wind energy components.

  • Port Operations: Optimize terminal and yard management to improve efficiency and reduce turnaround times.


Anticipated Milestones

  • 2026: Launch of the next-generation terminal and yard management solution for the wind industry.

  • 2027: Full deployment of autonomous planning tools across multiple port operations.


Technological Platform and Innovation



Proprietary Technologies

  • KONCIV Platform: A configurable collaboration platform that allows users to build and integrate business solutions without coding.


Significant Scientific Methods

  • Autonomous Planning Algorithms: Utilize AI-driven algorithms for autonomous planning and optimization of logistics operations.


Leadership Team



Key Executives

  • Henrik Heggland: CEO and Managing Director, with extensive experience in digital logistics and operations management.

  • Bjarne Bendixen: Chief Commercial Officer, responsible for business development and customer relations.

  • Tore Tjentland: Chief Technology Officer, leading the development of technological solutions.

  • Torstein Hoset: Chief Operations Officer, overseeing operational efficiency and project management.

  • Andreas Kalvig Anderson: Chief Financial Officer, managing financial strategy and operations.


Leadership Changes

  • May 2020: Jacob Møller joined as chairman and investor, bringing extensive experience in commercializing technology companies.


Competitor Profile



Market Insights and Dynamics

The digital logistics market is experiencing significant growth, driven by the need for operational efficiency and sustainability. Companies are increasingly adopting cloud-based platforms to streamline operations and reduce costs.

Competitor Analysis

  • LeadIn: Offers B2B sales automation services, focusing on lead generation and appointment scheduling.

  • Kodiak Rating: Provides Supplier Relationship Management (SRM) and Supplier Performance Management (SPM) SaaS solutions.

  • Onsite CRM: Develops a cloud-based platform to increase sales and employee efficiency.


Strategic Collaborations and Partnerships

  • Kongsberg Digital: Increased its stake to 40.22% in KONCIV, integrating the company's cloud solution into Kongsberg Digital's digital platform.

  • Jacob Møller: Joined as chairman and investor, bringing expertise in commercializing technology companies.


Operational Insights

KONCIV's strategic collaborations enhance its technological capabilities and market reach, positioning the company as a leader in digital logistics solutions.

Strategic Opportunities and Future Directions



Strategic Roadmap

  • 2026: Launch next-generation terminal and yard management solutions for the wind industry.

  • 2027: Expand autonomous planning tools to additional port operations.


Future Business Directions

  • Market Expansion: Enter new markets, particularly in the renewable energy sector.

  • Product Diversification: Develop additional solutions to address emerging logistics challenges.


Opportunities for Expansion

  • Wind Industry: Leverage expertise to provide logistics solutions for wind energy projects.

  • Global Markets: Expand presence in international markets through strategic partnerships and collaborations.


Competitive Advantages

  • Innovative Technology: Proprietary cloud-based platform with low-code development capabilities.

  • Industry Expertise: Deep understanding of logistics challenges in heavy asset industries.

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