Our ambition and strategy

Our ambition in Netcompany is to become a market leader within IT services in Europe by 2030. The acquisition of Intrasoft has strengthened our foundation to achieve that ambition. To fully realise this ambition, we have defined a strategy based on three main pillars:

Land and expand in Europe

Currently we are present in 8 countries in Europe and a number of representations outside of Europe too.

We will focus on expanding our market share and enter new countries within Europe in the decade to come. We will continue to focus on attracting the best talent, educating them rigorously, ensuring quality “side by side” training with more experienced colleagues and optimising sourcing of talent throughout the Group.

We will seek to enter new countries either by larger acquisitions where scale is instantly achieved or through organic build up based on specific new customer wins that will yield significant projects at establishment in a given new country.

Utilise platforms

A key part of Netcompany’s delivery model is to use common tools and methodologies for developing and documenting new solutions. This is also the case with Intrasoft’s delivery model. The acquisition of Intrasoft has expanded the platform offerings and the depth of them, making the joint platforms leading in the market.

The Govtech Framework has been enhanced within Tax, Customs, Compliance and Social Security and now represents the most comprehensive and complete framework for solutions needed in public sector digitalisation.

In addition, the Composable Enterprise Framework for the private segment is maturing and now entails solutions for a number of industry verticals such as Airports, Banking, Insurance, Telco and Utilities.

In both the public and private segment, the platform approach means that we will be able to present new solutions to both new and existing customers. We will be able to present solutions that comes with a predefined logic and capabilities and hence we will be able to reduce time to market for our customers significantly, which in turn will reduce our customers total costs of ownership. We firmly believe this to be a differentiating factor giving us a real and tangible advantage when competing for new projects.

Export and implement our business model

The way Netcompany operates, develops and implements complex solutions is unique and difficult to emulate – if at all possible. The Netcompany methodology is implemented throughout a large part of the Group and in new larger acquisitions the methodology will be applied on new joint projects won between Netcompany and the acquired company, thereby gradually transitioning the methodology to that of Netcompany.

We expect to establish Netcompany in Sweden via a greenfield establishment. We also expect to establish Netcompany in Finland and will look for an opportunity to establish Netcompany in the DACH (Germany, Austria and Switzerland) region too with the main focus on Germany.

Netcompany Annual Report 2021

Annual report 2021