Knowit AB
8.81
EUR
-0.16
(-1.78%)
ISIN
SE0000421273
Return %
Stock
S&P 500
1Y
-7.46
14.20
3Y
-14.96
81.12
5Y
-77.06
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Fredrik Walde Ekerhovd
- Full Time Employees
- 3,714
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Sveavägen 20 Stockholm AB Sweden 111 57
- IPO Date
- Mar 11, 1999
- Website
- knowit.se
- Similar Companies
- Business
- Knowit AB (publ) is a Nordic IT consultancy company specializing in digital transformation solutions across multiple sectors. The company offers a comprehensive portfolio including bespoke system development; digital customer experience services; cloud solutions; the internet of things (IoT); cybersecurity; management consulting; and platform-based consulting services tailored to banking, finance, and insurance sectors. Knowit's operations are organized into four business areas: Solutions, Experience, Connectivity, and Insight, addressing needs ranging from software development and embedded systems to management consulting and cloud financial management. The company serves clients primarily in the Nordic region, with a significant market presence in Sweden, Finland, Denmark, and Norway. Founded in 1990, Knowit is headquartered in Stockholm, Sweden. Recent major developments include the strategic acquisition of Swedish company Insicon in mid-2025, which strengthens Knowit's position in fintech by adding a cloud-based business system platform for the insurance industry and expanding its consulting services in banking, finance, and insurance across Europe. Knowit has also deepened its partnership with Amazon Web Services (AWS), recognized by the 2025 Nordic AWS Partner Award, and expanded its product offerings in AWS Marketplace, focusing on innovation, automation, and cloud cost optimization solutions such as Knowit Cloud FinOPS. Additionally, Knowit secured a significant framework agreement with Norwegian company Tet Digital AS to provide consultancy services for sustainable mobility solutions, enhancing product development, technology, design, and data services with a contract volume of approximately NOK 1.1 billion over up to six years. Earlier strategic moves include acquisitions of management consultancy firms Ascend and Marketing Clinic, and software and consulting companies like Miracle and Swedspot, broadening Knowit's service scope and Nordic market penetration. Knowit's industry focus spans digital transformation consultancy, IT services, fintech solutions, cloud infrastructure, and IoT integration, targeting corporate clients across financial services, industrial technology, telecommunications, and public sector digital solutions. Its strategic emphasis lies in combining deep technical expertise with sector-specific knowledge to deliver innovation-driven business value and sustainable digital solutions in the Nordic markets and increasingly in broader European markets. The company operates through a decentralized organizational model with agile work methods to support client assignments effectively. This profile reflects Knowit's latest business scope, product offerings, geographic footprint, and strategic initiatives as of late 2025.