The Integration of SL Controls is Well Underway
The integration of NNIT Group Company SL Controls was initiated in May, and plans are in place for completion by year-end 2024.
The integration of NNIT Group Company SL Controls was initiated in May, and plans are in place for completion by year-end 2024.
On June 1, NNIT in Czech Republic relocated to the Na Knizeci Office situated on the left bank of the Vltava River in Smíchov City, Prague.
The life sciences market in Europe is idling – even hesitant – following the macro-economic and geo-political hits of war, energy crisis, inflation, increasing interest rates and increasing EU regulation. But Ricco Larsen, Senior Vice President of Life Sciences Europe at NNIT, remains positive based on a firm belief in the resilience of the industry.
Revenue growth of 12.2%, an operating profit margin of 5.2% – and full-year financial outlook maintained.
Together with Astralis, we are currently exploring insights from game studies as an alternative to traditional e-learning for public IT systems, considering both the case handler and citizen perspectives.
NNIT’s Migration Powerhouse, renowned for its expertise in critical data migrations where compliance and accuracy are paramount, is proud to announce the launch of the latest iteration of its flagship software, Valiance TRUseries 5.0.
A new global structure dedicated to AI and led by Director Sam Laermans has been created to ensure unity, best practice, and maximum utilization of expertise and resources across our four regional AI business units.
NNIT’s headquarters will be relocating from Oestmarken 3A in Soeborg to Weidekampsgade 14 in downtown Copenhagen to become better connected to customers and partners and provide employees with a more inviting and open office environment.
Every year, alongside our annual report, we issue a Sustainability Report (COP report), outlining the progress and direction of our sustainability activities.
The Group improved business and financial performance throughout the year and delivered on the outlook, which was upgraded in August, 2023.
Everest Group has just released its Life Sciences Digital Services Specialists PEAK Matrix® Assessment 2024 (part of the Life Sciences Information Technology research program), and we are proud to announce that NNIT features among the Leaders.
Having already partnered with IBM on the implementation of a finance-grade ESG system, NNIT now onboards sustainability experts Transition to provide end-to-end ESG advisory services.
The positive trajectory from the first half of 2023 continued through the third quarter. The improvement of performance is in line with the upgraded guidance provided in August and emphasizes the positive direction set with the new strategy.
For the past many years, corporate sustainability work and reporting have been more or less ungoverned and unaudited (under the Non-Financial Reporting Directive). Soon, with EU’s Corporate Sustainability Reporting Directive (CSRD) coming into effect in January 2024, the scope of requirements will be significantly extended, impacting up to 50,000 European companies.
NNIT completed the transformative divestment of its infrastructure operations to become a highly specialized IT services provider and generated growth and improved earnings entailing an upgrade of the 2023 outlook on August 26.
NNIT’s SAP unit is now headed by Christian Staalby who has spent most of his career either working with or being employed by SAP.
In June, we have added Lars Verning to our Microsoft Dynamics 365 team. He will assume the position of Associate Vice President and head up the NNIT Cloud solution area.
Following the divestment of our former infrastructure operations, two new general managers have been appointed to head up our service delivery centers in the Philippines and Czech Republic.
NNIT presents a new NNIT management team – following the divestment of its infrastructure operations and launch of a revised strategy to support the new beginning as an international IT consultancy business.
NNIT completed the carve-out and divestment of its infrastructure business on April 28. The Group delivered solid business performance, generating revenue growth of 16% (11% organic) to DKK 413 million in Q1 2023 and improved the operating profit margin significantly to 4.9% on the back of higher revenue and utilization.
The NNIT Group provides a wide range of IT consulting services internationally. In Denmark, where the Group HQ is based, we are one of the leading IT consultancies, servicing both private and public sector customers across all industries. In the rest of Europe, Asia and USA, we are solely focused on companies within life sciences.
Weidekampsgade 14
DK-2300 Copenhagen S
Denmark