BuddyWise

Buddywise is a Stockholm-based company that leverages artificial intelligence and computer vision technology to enhance workplace safety in industrial settings. Founded in 2020 by Lamin Faye and Yigit Arin, the company's platform utilizes existing camera infrastructure to detect and report real-time safety risks, providing continuous monitoring and insights to prevent accidents. The system is compatible with 90% of cameras on the market, allowing for easy integration with clients' existing setups. Buddywise's solution enables proactive safety management through trend analysis, reporting, and follow-up measures. In the event of an incident, such as a worker injury, the platform can automate emergency responses like SMS alerts and siren alarms.

The company's technology is designed to address the significant challenge of workplace accidents, which result in nearly three million worker deaths annually worldwide and cause economic losses equivalent to 6% of global GDP. Buddywise aims to improve upon traditional manual reporting and infrequent inspections by providing 24/7 automated risk monitoring. As of March 2024, Buddywise's solution had been adopted at multiple industrial sites across Sweden, Finland, Latvia, and Poland, covering industries such as infrastructure, manufacturing, and pulp and paper.

Key customers and partnerships

In March 2023, Buddywise entered into a long-term partnership with Ramudden, a leading traffic and construction safety company. This collaboration aimed to automate Work Zone Road Safety Inspections (WZRSI) for Ramudden, potentially reducing carbon dioxide emissions by up to 70 tonnes per year and saving an estimated 540,000 miles of driving annually. The partnership also focused on improving safety standards and enabling better trend analysis for deviations in work zone setups.