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Nordic digital transformation driven by traditional businesses
This article is part of the CW Nordics issue of February-April 2019
The Nordic region’s longer-established companies are playing a more forceful role to advance digital transformation than local digital natives. According to a new report commissioned by Tieto and conducted by IDC Nordic, digital transformation’s main fuel is not coming from tech disruptors but mature industry players transforming their existing businesses. Produced from data collated in July 2018, the Towards a data-driven future report surveyed CEOs and senior IT-department chiefs in 300 mid to large sized companies in Sweden, Finland and Norway. It looked at the technology-linked capital investment plans, activities and expectations of companies operating within IT, manufacturing, transport logistics and other core industry sectors. Significantly, the IDC report observes that Nordic companies are lagging somewhat behind their global peers, and especially the US, in digital transformation. Providing a timely road-map for Nordic enterprises, the report’s medium-term forecast is that over 50% of the global economy will be ...
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Riksbank e-krona initiative follows government plan for a cashless society by 2030
More traditional Nordic businesses are fuelling the region's digital transformation, finds report
The Norwegian capital is thriving from a unique combination of business agility, a cultural receptiveness to technology, and a social desire to do good