TheVIT continues its Nordic growth journey and expands both its technology business and presence in Denmark. The Danish Business Intelligence company BIWise now becomes part of TheVIT Group, strengthening the group's position in data and analytics.
With the acquisition, TheVIT gains around 20 employees in Denmark and a total Nordic technology environment approaching 60 people.
BIWise, established in Copenhagen in 2010, is a recognized and technology-independent Business Intelligence consultancy. The company has around 15 employees with expertise in BI strategy, data warehousing, analysis, reporting, AI/ML and technology selection. They have a well-matched professional and cultural environment, with resources that complement existing expertise in TheVIT.
With BIWise on board, TheVIT is taking a clear step towards building a Nordic powerhouse in data, technology and business development. The investment will make the Group even stronger in its efforts to help businesses use data in an intelligent and profitable way - from strategy and structure to analysis, automation and insight.
The acquisition builds on the establishment of TheVIT in Denmark at the turn of the year and the merger with Ingraphic. Together, this provides significant capacity and breadth in the technology environment across Norway and Denmark. TheVIT has clear growth targets and expects that the strengthening of the technology environment will help to drive further growth in the Nordic market.