If you are in IT, software, hardware or services Stockholm and Sweden are the place to be right now. Today Stockholm Chamber of Commerce releases some statistics and the economic indicator for the third quarter of 2016 increased from 100.8 to 102.5. That shows the economy is stronger than normal and is growing more than the historical average. Some distributors and resellers have complained about performance during 2016 in Sweden and Scandinavia but the industry are growing. Companies continue to hire and the industry show best performance figures in many years. Companies continue to hire and the industry show best performance figures in many years. ICT in healthcare is one of many markets growing now, did you know only in Sweden we have 125 hospitals, 1300 healthcare centers and 3500 elderly care centers that spent well over 1 billion euro in IT, products and services. Digital Healthcare is only one of many growth markets.
Do we also have challenges? Yes and one of them are access to right skill set. Second is the challenges importing people with special skills to Sweden and help them with accomodation and VISA. From talking to friends in software development I know they are still problems with labor shortages that continue to hold back growth. Government and companies are working with this and we welcome more to come to Stockholm. There is a great need for good software programmers and many companies have issues finding right staff. Large enterprises here such as Ericsson have been struggling and are letting people go but not so much in Stockholm and seems to be focusing on manufacturing that is moving overseas. This is an business opportunities if you come here and have special skill set for products development.
If you are foreign IT Company I think Stockholm is the place for you. Researches are in the very front line, several good Universities and institution with ICT focus, the area called Kista (15 minutes drive from downtown) is sometimes called the IT Mecca of Sweden or the Silicon Valley of Scandinavia as you can find all the large enterprises mixed with many small innovative companies in one place. Today also Universities and other higher education institutes also have open new facilities in Kista.
Actually you can find small innovative companies all around Stockholm and Sweden. Downtown Stockholm is full with up and coming companies, new incubators and business hubs with new hip start-up hubs. We are quick to adapt new high-tech and infrastructure for both software and hardware developments are in place.
We here at B-Open Nordic work with international business development and we have worked inside the IT industry for many years. We have helped many foreign companies grow their business in Scandinavia. We work with both the commercial and legal side of international trade including media and PR. If you are interested to know more about Sweden and Scandinavia as a great market for the IT industry, contact us and we will tell you more.
Welcome to contact us and we will tell you how to grow your business in Scandinavia.