IT Services Market in Nordic 2015-2019
About IT services
IT services help organizations create, manage, and optimize information and business processes. IT services also aid in managing IT systems and are process focused. These services focus on providing a framework to structure IT-related activities. A wide range of IT services are available in the Nordic. Technavio envisages that Nordic's readiness to embrace new technological advances, along with a significant number of emerging start-up tech companies in the region, is a potential opportunity for global tech players to invest in the region.
Technavio analysts forecast the IT services market in Nordic to grow at a CAGR of 2.54% during 2014-2019.
Covered in this report
The report covers the present scenario and growth prospects of the IT services market in Nordic for the period 2015-2019. The IT services market in Nordic is categorized into three categories: ITO, project-oriented services, and support and training services. The report covers the key customer segments.
Technavio’s report, IT Services Market in Nordic 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. The report also includes the key vendors operating in the market.
Technavio Announces the Publication of its Research Report – IT Services Market in Nordic 2015-2019
Technavio recognizes the following companies as the key players in the IT Services Market in Nordic: Accenture plc, Capgemini SA, Hewlett-Packard (HP) Corp., IBM Corp., Tata Consultancy Services Ltd. and Tieto Corp.
Other Prominent Vendors in the market are: CGI Group, EG, Microsoft, NNIT, ITS Nordic, CGI Group, SAP, CSC, Dell, EMC, Eltel, Hitachi, NEISA Nordic, Nordic IT Solutions, TeliaSonera, Nokia, Xybase, Telenor Digital, Systems Maintenance Services and Wipro
Commenting on the report, an analyst from Technavio’s team said: “Increased volume and velocity of data across enterprises of the Nordic region stimulate the need for utilizing data in order to get better insights for future business strategies. Companies in developed regions, such as the US and UK, prefer big data and leverage the same to gain business advantages, align customer demands, and mitigate risks. The Nordic region is observing a growing popularity of big data, and is looking forward to adopt technologies such as Hadoop.”
According to the report, with dynamic business operations and market landscape spread across industries, companies are looking forward to IT solutions that can provide valuable insights about the same. As a result, there is an increased demand for BI tools in the Nordic, which in turn will fuel the demand for skilled labor with expertise in BI tools and associated services in the forecast period.
Further, the report states that inadequate supply of skilled personnel is a major challenge for the market growth.
Accenture plc, Capgemini SA, Hewlett-Packard (HP) Corp., IBM Corp., Tata Consultancy Services Ltd.,Tieto Corp.,CGI Group, EG, Microsoft, NNIT, ITS Nordic, CGI Group, SAP, CSC, Dell, EMC, Eltel, Hitachi, NEISA Nordic, Nordic IT Solutions, TeliaSonera, Nokia, Xybase, Telenor Digital, Systems Maintenance Services, Wipro
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