Swedes have always been early adapters to new technology and ICT has become a Swedish success story. World-renowned ICT companies like Spotify, Skype, Mojang, AXIS, Truecaller, QlikTech, MySQL, Unibet, King.com, Tobii and iZettle were founded in Sweden. Since Sweden is the biggest market place in the Nordics, it has become the natural location for the majority of international ICT companies targeted at the Nordic and Baltic markets.
Many of the largest ICT companies have discovered that Sweden offers a great setting for development, innovation and inspiration. Intel, Google, Apple, Huawei, Arm, Microsoft, TechMahindra, Motorola, Oracle, Sun, Sony, Samsung, EA, Facebook, Nokia and Mediatek all have R&D centers in Sweden. Many of them based on acquisitions of small, innovative tech companies and others started on the back of their Nordic sales organizations.
A sector of innovative ideas and a co-operative mindset
The High Coast area is especially strong within ICT. Maybe it has to do with the atmosphere that is created when big companies, state agencies and small and innovative start-ups all operates side by side and feed off each other. Or maybe it is because of the innovative and open mindset that seem to be a common trait among those who live here.
We cannot know for sure, but the figures paint a clear picture. The employment in the ICT sector is over 40 % higher in the city of Sundsvall than the national average.
Award-winning and well known e-services and digital solutions have been developed within the region and Mid Sweden University conducts leading research in internet of things. Digital information management (with a base in the four big state authorities situated in the region) and telecom (with Sweden’s largest telecom company, Telia as a front runner), are also lines of business in which the High Coast region is standing out.
A lot of successful start-ups have developed in the High Coast region. Hubs like Great Space and Bizzmaker enable creative entrepreneurs to develop their ideas in an inspiring environment among like-minded people.
ICT investments in the High Coast — this is why
- The prosperous market. Swedes are early adaptors of new tech and Sweden is the biggest market place in the Nordics. The market is also constantly increasing thanks to a growing population and one of the world’s highest disposable incomes.
- The know-how. Mid Sweden University and Umeå University are front runners when it comes to ICT. As an example, Mid Sweden University is a Sweden leader in Internet of things. The universities also supply the employers with a new rethinking labor force, which is much needed considering that a lot of the job opportunities in the High Coast region are linked to ICT. Especially in the city of Sundsvall, the sector is a major employer with an over 40 % higher employment rate compared to the Swedish average.
- The cooperativeness. The High Coast way of working together with other actors is well known in Sweden. The Mid Sweden University is known for basing their research in commercial and industrial life and are working closely together with industries and entrepreneurs. The state agencies in the region have a unique network where they collaborate through work groups and joint training courses.
- The innovative power. Sweden has ranked among the top three countries five years in a row in the annual Global Innovation Index. Innovation is a word of honor in Sweden and has been key when securing our reputation as a leading ICT nation. In the High Coast region there are strong and open networks that focus on innovation connected to ICT.
- The giants. Spotify, Skype, Mojang, AXIS, Truecaller, QlikTech, MySQL, Unibet, King.com, Tobii and iZettle were founded in Sweden. Intel, Google, Apple, Huawei, Arm, Microsoft, TechMahindra, Motorola, Oracle, Sun, Sony, Samsung, EA, Facebook, Nokia and Mediatek all have R&D centers in the country.
- The large corporate customer base. The Nordics have more companies in the Forbes 2000 than Germany. Let’s leave it at that.