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Strengths in Knowit Solutions Agile Innovation Architecture Services Big Data Business Intelligence Cloud First Defence Solutions Digital transformation Digitization of the Public Sector FinTech Solutions Internet of Things Machine Learning and AI Mobile First Mobility Robotics Quality assurance Sourcing Management SysDevOps Technical transformation All Article Blog post Customer case PRESS RELEASE Offset issue for payment of deferred consideration The Board of Knowit AB has, based on authorization from the AGM on 28 April 2020, decided on an offset issue of 157,379 shares for payment of the deferred consideration totaling SEK 43 million, attributable to the previously performed acquisition of the Nordic digital agency Creuna. NEWS International innovation award for loan process In December, Dploy from Knowit and AS Financiering was named the winner of Best Adoption of Tools & Governance in Digital Lending at the annual IBSI Global FinTech Innovation Awards for 2020. The Norwegian contribution won in competition with 220 nominated projects from 52 countries and shows that Norwegian banks and FinTech are competitive on the international market. PRESS RELEASE Continued strong development 2020 For the full year 2020, Knowit increases both its net sales and its profit, with a slightly improved margin, despite the impact that covid-19 has had on both society as a whole and on Knowit. The EBITA profit increased by 4.9 percent to SEK 335.0 (319.2) million and net sales increased to SEK 3,379.1 (3,335.1) million. The Board proposes a dividend of SEK 7.00 per share. PRESS RELEASE Invitation to Knowit's Press and Analyst Conference Knowit invites analysts and journalists to an online press conference presenting the company's Interim Report for January–December 2020 at 10:00 AM on Friday, February 5, 2021. The Interim Report will be published at 08:30 AM on Friday February 5, 2021. PRESS RELEASE Change in the number of shares in Knowit AB Knowit has, in accordance with previously published information on the acquisition of Creuna, performed a targeted issue of 398,419 shares in Knowit AB (publ). PRESS RELEASE New date for the AGM of Knowit AB The Board of Knowit AB (publ) has made the decision to move forward the Company’s AGM to 11 May 2021. ARTICLE The acquisition is complete – now we are creating the best customer experiences together In late November, the Norwegian Competition Authority approved the acquisition of Creuna and as of 1 December we are now one and the same company. We are thrilled to welcome our new coworkers onboard and look forward to creating the best customer experiences together. PRESS RELEASE Knowit finalizes the acquisition of Creuna Knowit has finalized the previously announced acquisition of the Nordic digital agency Creuna. PRESS RELEASE Knowit will finalize the acquisition of Creuna The Norwegian competition authority has approved Knowit’s acquisition of the Nordic digital agency Creuna. This means that the acquisition made public on 22 October will be finalized on 30 November 2020. Creuna will become part of the business area Knowit Experience, which will thereby grow with around 300 employees, to about 900 employees. The number of employees in the Knowit group will grow to approximately 2,600. PRESS RELEASE Nomination Committee for Knowit AB ahead of AGM 2021 In accordance with the Nomination Committee procedures for Knowit AB, the Nomination Committee shall be appointed by the three largest shareholders who wish to take part in this work, and the Chairman of the Board. BLOG POST Schrems II as an opportunity for organizational improvement I wrote a blog post about my thoughts on Schrems II and additional safeguards. Please do not consider this as solutions but rather me guessing what possible additional safeguards are appropriate. I am trying to identify opportunities of improvement based on the complex information about Schrems II that is available right now. The key takes from this blog is to use Schrems II as an opportunity to start working risk-based and to improve the privacy by design and by default process. NEWS Crafting experiences with the business in mind and the end-user at heart Put a full-stack techie, a copywriter, a data scientist, and a designer in the same room and throw in a business challenge. You will be surprised what kind answers they come up with. PRESS RELEASE Knowit acquires Creuna – forming the largest digital agency in the Nordic region Knowit acquires Creuna and substantially strengthens its position in the Nordic region. Creuna will become part of Knowit Experience. The companies’ client offerings supplement each other well in digital strategies, data-driven sales, and market communication. The acquisition will mean that Knowit Experience grows to around 900 employees and that the number of employees in the group will be about 2,600. PRESS RELEASE Good development and strategic acquisition after the quarter Knowit improves its profit and margin for the third quarter 2020, despite the market being affected by due to covid-19. Net sales for the third quarter were SEK 661.4 (708.6) million, the profit increased to SEK 58.5 (56.3) million, and the profit increased to 8.8 (7.9) percent. After the end of the quarter, Knowit has signed a contract for acquisition of Creuna, thus further strengthening its position as the largest digital agency in the Nordic region. PRESS RELEASE Invitation to Knowit's Press and Analyst Conference Knowit invites analysts and journalists to a press conference presenting the company's Interim Report for January–September 2020 at 10:00 AM on Thursday, October 22, 2020, at the company's office, Klarabergsgatan 60, Stockholm or by teleparticipation. The Interim Report will be published at 07:30 AM on Thursday 22, 2020. ARTICLE Knowit developed the app that ensured distancing at the office We are still living in a time when we have to avoid being too many coworkers at the office at once. Still, many of us want to have the possibility to come into the office maybe once a week when necessary or because we miss interacting with our team. How can you ensure that there aren’t too many people in the office at the same time? Knowit Experience in Bergen developed the app that solved this problem. PRESS RELEASE Increased net sales and stable financial position Knowit has increased net sales and improved its profit and margin for the second quarter 2020, despite the market being affected by the extensive measures taken due to covid-19. Net sales for the second quarter increased to SEK 857.6 (844.6) million, profit increased to SEK 72.7 (65.3) million, and the margin increased to 8.5 (7.7) percent. PRESS RELEASE Invitation to Knowit's Press and Analyst Conference Knowit invites analysts and journalists to a press conference presenting the company's Interim Report for January–July 2020 at 10:00 AM on Wednesday, July 09, 2020, at the company's office, Klarabergsgatan 60, Stockholm. BLOG POST Customers do not wait for your strategic changes to be operationalized Recent unexpected events, that we never could have been prepared for, have brought flexibility and agility even more to the agenda. Companies are struggling to respond to the evolving use of technology and market changes, and they have finally understood how little time there is to address these changes. The organizations of the future have been able to cope with the changed landscape while the more traditional organizations have struggled to adapt themselves in the new environment. To be able to acclimate to a new reality where consumer behaviors, supply chains, employee needs, as well as legal and government requirements play an important role, companies must consider strategy development as part of their operating business. Again, market changes do not wait for the next strategic planning cycle. If your organization does not change accordingly in time, it may be too late and the rivals in the marketplace will gain advantages and steal your market shares. Therefore, there is a need to replace the classic strategy project to an iterative strategy process with faster feedback loops. In this article, we will present an iterative strategy framework that enables you to cope with the ever-changing environment. ARTICLE Knowit develops data-driven client dialogue for Feelgood Together with Knowit, Feelgood is developing new possibilities to analyze activities and efforts to create a more personalized and proactive client dialogue. ARTICLE The Swedish National Veterinary Institute launches e-commerce site The Swedish National Veterinary Institute (SVA) has launched an entirely new website. The site is aimed at veterinaries and animal owners who want to learn more about animal health or order analyses and products from SVA. Over the past year, the authority has collaborated with Knowit Experience to work out a new approach to its digital services. BLOG POST New partnership established to attack current business challenges in the energy industry ix3 Norway AS, an Aker Solutions software company, announced today that they have entered into a partnership with Knowit Insight AS to strengthen the power to bring long-term value for businesses for an innovative future across engineering, operation and services.ix3 was established by Aker Solutions in 2019 to keep the energy industry and its customers at the forefront of the digital transformation. As a trusted Google Cloud Partner, ix3 and Aker Solutions has the subject matter expertise, software capabilities, resources and partners required to drive change for the industry. Digitally. BLOG POST Understand your IT spend to enable short-term cost savings and long-term IT cost optimization Too often we at Knowit encounter frustrated CIOs and IT executives that are being challenged to lower their IT spend by business stakeholders, who do not always understand the service delivered nor the received value. As companies become more digital, the volume of IT spend tends to increase, placing greater demands on transparency of IT costs and underlying cost components. Without cost transparency, it is difficult to understand what is driving an increased IT spend, what the link to the business is and what business value it brings. Inadequate traceability of costs thus reduces the ability to create a tight link between business strategy and technology investments and explain the impact of change in IT cost. PRESS RELEASE Statement from Annual General Meeting of Knowit Aktiebolag (publ) Knowit AB (publ) has this day held its Annual General Meeting and resolved upon the following: PRESS RELEASE Strong opening despite uncertainty in the world Despite increased uncertainty in the world, Knowit has increased net sales during the first quarter and has a good financial position. For the entire Group, net sales have increased by 7.2% to SEK 936.3 (873.7) million, but with a slightly lower profit, SEK 95.5 (100.4) million, and margin, 10.2% (11.5), as compared with the corresponding period last year. The largest business areas, Solutions and Experience, have improved their profits, net sales, and margins. However, Insight continues to encounter challenges, further reinforced by covid-19. PRESS RELEASE Invitation to Knowit's Press and Analyst Conference Knowit invites analysts and journalists to a press conference presenting the company’s Interim Report for January–March 2020 at 10:00 AM on Tuesday, April 28, 2020, at the company's office, Klarabergsgatan 60, Stockholm. BLOG POST Think twice before developing a cloud strategy Cloud is no longer a hype – it is mainstream amongst companies worldwide. Gartner estimates that the global market for public cloud services will reach a value of $266.4 billion in 2020, as adoption of cloud-based services for both software and infrastructure continue to grow. The consensus now states that it is no longer question of “if” a shift to cloud should be executed, but rather a question of “when” it should happen (if it has not already). As such, companies are increasingly focusing their efforts on formulating strategies and roadmaps for the inevitable shift that promises benefits such as cost savings, increased speed and flexibility, improved innovation, and evergreen IT, amongst other. In such a scenario, we ask ourselves, do companies expect the right benefits enabled by cloud? PRESS RELEASE Annual Report 2019 Knowit's Annual Report for 2019 in Swedish has today been published on the company's website. PRESS RELEASE Updated proposal from the Nomination Committee to the Knowit AB Annual General Meeting The Nomination Committee of Knowit AB has, with account taken of the current economic climate, decided to modify its proposal to the 2020 AGM as regards the Board Members’ fees. The suggested incresed fees, as presented in the notice previously sent out, are retracted. The changed proposal has been announced to the Board Members, who support it. PRESS RELEASE Knowit retracts dividend proposal Because of the development of the covid-19 outbreak, the market situation is uncertain and hard to assess. In order to further reinforce the company’s financial position, the Board of Knowit AB has therefore decided to retract the formerly communicated dividend proposal of SEK 6.40 per share. NEWS New client offering for sustainable business In a changeable world, it is becoming increasingly important to understand how and in what direction society is developing, so that we can become better at seizing opportunities, managing risks, and shaping our businesses. This is why Knowit is strengthening its sustainability efforts through a special venture supplementing its existing management consultancy operations. The focus is on finding business benefits in sustainability matters and integrating them into our clients’ business models. PRESS RELEASE Notice of Annual General Meeting of Knowit Aktiebolag (publ) Shareholders in Knowit AB (publ), 556391-0354 ("The Company") are hereby notified of the Annual General Meeting which will be held at company headquarters, Klarabergsgatan 60, Stockholm, at 1:00 p.m. on Tuesday April 28, 2020. BLOG POST Does your ERP support innovation? It is no longer news that the rapid development and increasing maturity of technology in recent years have impacted all industries and redefined how business is made. However, many companies are still struggling with how to make use of this new technology, be it to innovate new products, create new business models, generate new revenue streams, ensure operational efficiency or simply just keep up with competition. This article deals with what should be (but isn’t always) considered an important part of the foundation, or the core, of a digital business, namely the Enterprise Resource Planning (ERP) system. Without this “digital core” in place, innovation efforts tend to become more cumbersome and eventually risk becoming futile. Regardless of how mature your digital core is today, a proper ERP strategy is always a key component of your organization’s strategic plans to be able support the business tomorrow. BLOG POST Home office and medical quarantine - How to safeguard the company’s progress In the wake of the Covid-19 pandemic, many strict guidelines have been placed in order to prevent infection risk in the workplace. We now have a work situation few are prepared for and that will cause major challenges for the continuity and progress. PRESS RELEASE Increased net sales and stable profit 2019 In the fourth quarter, Knowit continues to increase its net sales, with a profit and margin on par with that for the last quarter of 2018. For the full year 2019, net sales and profit increase for the sixth year running. Net sales for 2019 increased by 8.2% to SEK 3,335 million. The EBITA profit was SEK 319.2 (315.1) million. The board proposes an increased dividend of SEK 6.40 (5.80) per share. PRESS RELEASE Invitation to Knowit's Press and Analyst Conference Knowit invites analysts and journalists to a press conference presenting the company’s Year-End Report for January – December 2019 at 10:00 AM on Friday, February 6, at the company's office, Klarabergsgatan 60, Stockholm. PRESS RELEASE Knowit and StyrelseAkademien Stockholm educate boards in digital business development In collaboration with Knowit, StyrelseAkademien Stockholm has created a unique education program for experienced board members. The education in digital business development is intended to help companies become future winners in the digital transformation. ARTICLE 33.000 euros raised to help refugee children During the month of December, we at Knowit, along with our colleagues, friends, and clients, raised over 33.000 euros for the benefit of UNHCR’s project Educate a Child. For each krona donated, Knowit donated two. PERSPECTIVE Future organizations are here to stay In the organizations of the future, hierarchies will become flatter, new cross-functional flows will be created, suitable talents will be identified, and collaborations will be streamlined. However, this requires insight into and certain readiness for the fact that profitability may decrease to begin with – and instead increase over time. BLOG POST Bridging the gap between strategic and operational procurement A high-performing procurement unit is a strategic differentiator in project-based industries characterized by high procurement costs and low profit margins. This is especially true for sectors such as real estate and construction, where the cost of procured goods and services typically comprises between 60 and 80 percent of all costs. SHOW MORE On knowit.eu, we use cookies to optimize your experience of the website. By continuing to use our website, you are accepting the use of cookies. 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