Octave: Hexagon’s Software Spin-off Unleashing Intelligence at Scale
Built on decades of domain expertise, Hexagon’s planned spin-off equips organizations to steer through uncertainty and manage transformation across the world’s most vital infrastructure.
New Brand and Path to Independence
Octave, a potential software spin-off from Hexagon, introduced a refreshed brand platform, a decisive milestone on its journey to becoming an independent company.
Octave is formed from the following divisions and businesses:Asset Lifecycle Intelligence divisionSafety, Infrastructure and Geospatial divisionBricsysETQProjectmates
Together, the new identity clarifies a singular mission: to unlock actionable intelligence at enterprise scale.
This brand consolidates a market-leading portfolio that tames complexity across the full lifecycle, spanning design and construction through day-to-day operations and the safeguarding of people, facilities, and assets.We exist to help customers choose wisely when complexity is high and outcomes are critical. This is more than a logo—it is our pledge to help organizations achieve what matters most. Where failure is unacceptable and success is essential, Octave gives leaders the clarity and accountability to deliver, said Mattias Stenberg, president and chief executive officer of Octave.
Why the Market Needs It
Industrial and infrastructure enterprises face rising complexity and pervasive uncertainty. Leaders contend with operational disorder, siloed systems, and information they cannot fully trust.
Octave addresses these pressures by turning scattered data into decisive action, helping executives cut through noise and convert unpredictability into advantage.
The portfolio is powered by domain-specific artificial intelligence that advances lifecycle outcomes previously difficult to achieve.
Market watchers generally expect a separation to sharpen how each company is valued and understood: Hexagon can concentrate its portfolio and investment priorities, while Octave can present a clearer, software-led growth and operating model tailored to industrial and infrastructure customers.A separation can clarify strategy and accountability for both organizations, giving each a simpler story to execute and measure over time.
Unified Platform and Core Pillars
By channeling data into a single, contextualized platform and applying domain-specific artificial intelligence, Octave delivers the intelligence needed to optimize performance across four pillars:
| Pillar | Description | Key Capabilities |
|---|---|---|
| Design | Supports 3D modeling, engineering analysis, simulation, and geospatial insight. | Creates rich digital representations that underpin downstream work. |
| Build | Links engineering, procurement, fabrication, construction, and commissioning. | Coordinates materials, tracks progress, governs change, and improves cost and schedule certainty. |
| Operate | Unifies operational data, historical records, maintenance, quality systems, and worker tools. | Delivers real-time visibility, predictive intelligence, and stronger asset and system performance. |
| Protect | Advances public safety, physical security, and industrial cybersecurity. | Covers incident response, emergency management, situational awareness, digital protection, and regulatory compliance. |
Brand Rollout and Next Steps
Alongside the brand debut, the company launched a new website and social channels to illustrate how Octave supports critical assets and people around the globe.
The separation of Octave remains subject to an ongoing carve-out process and the final approval of the board and shareholders, along with other conditions, consents, and regulatory clearances. There is no assurance that a separation, spin-off, or listing will occur. Hexagon is considering this step to increase strategic focus and operational clarity, allowing Octave to pursue a dedicated software strategy while enabling Hexagon to prioritize its broader portfolio and capital allocation.
No target date or expected timeline has been publicly confirmed for when a spin-off might occur; timing will depend on the carve-out readiness and the required approvals and clearances.
Projected or recent standalone revenue figures and operating margin percentages for Octave have not been provided in the brand announcement; any such financial details are typically expected to appear in official separation materials once published.
Key documents related to a potential separation are typically found in official company communications, including Hexagon investor relations updates, press releases and stock exchange announcements, investor presentations, and any applicable regulatory filings associated with a potential listing.
To stay informed, investors can monitor Hexagon’s investor relations news and announcements, sign up for any available email alerts offered through official investor relations channels, and follow the company’s verified corporate communications channels used for separation updates. Investor relations contact details are generally provided on Hexagon’s investor relations contact page.
Beyond the president and chief executive officer, additional Executive Leadership Team names and roles have not been detailed in this announcement and would typically be shared in subsequent official communications tied to the separation process.
