European IT company Cegeka acquires a majority stake in the data specialist Solver Sweden AB. This strategic partnership with Solver Sweden represents an important step for Cegeka in their expansion into Scandinavia. Solver Sweden has three offices in Sweden, with headquarters in Stockholm and a staff of 25 employees. Solver Sweden has been an established player in the Swedish business intelligence and data engineering market for over 15 years. No financial details of the partnership will be disclosed. The acquisition doesn’t include the Global Solver operations.
Data is playing an increasingly important role
The partnership with the company Solver Sweden is part of Cegeka's strategy to respond to the ever-growing demand for data and AI partners. “Now more than ever, companies are looking for guidance from experts with experience in data and AI. There is a lot of growth potential in Europe, and especially in Scandinavia. Solver Sweden offer this kind of expertise, and their team in Stockholm and the offices in Gälve and Falun have plenty of data experience to draw on,” says Kristel Demotte, Global VP Data Solutions at Cegeka. Solver Sweden has also been rewarded by Microsoft as a Gold Partner for Data Analytics.
Data is the most valuable asset an organisation can have to achieve growth in today's business environment. With drivers such as 5G and the cloud, the importance of data can only continue to grow. "I truly believe that companies whose thoughts and actions are driven by data have an edge over the competition – they can offer their customers a more individual and efficient service and can generate new revenue and optimise operational costs", Kristel says.
Investing in future technologies
In recent years, Cegeka have invested heavily in technologies that will help shape both business and society over the coming years. These technologies include 5G, the cloud and artificial intelligence – with data being the fuel for the further development of AI.
Developing Cegeka Sweden
In joining forces with Solver Sweden, Cegeka marks a new milestone in their globalisation. And Sweden was a deliberate choice: “In Scandinavia, the data and artificial intelligence market is booming. The Nordic countries were the first to embark on digital transformation years ago and are now at the front of the European pack. In other words, this is the ideal environment for Cegeka to shape our further growth and the expansion of our data solutions business line", says Denis van Nunen, Managing Director at Cegeka Sweden.