Global software company sees strong growth after entering Sweden
Two years ago, Silicon Valley firm GlobalLogic established operations in Sweden by acquiring the Assign Group in Gothenburg. Since then, the software company has grown quickly, expanding from a team of around 30 people in Gothenburg to over 100.
The company recently moved into a new office at Lilla Bommen in Gothenburg. Located in the new landmark building Platinan, the office was officially opened on 3 November.
“As part of our growth journey we wanted to establish a new, modern frontline office that would enable us to partner closer with our clients in a more accessible way, positioned very centrally in Gothenburg,” says Stefan Gitye, Head of Delivery Nordics at GlobalLogic.
The new Gothenburg office gathers locally based staff, who serve the Nordic market. Stefan Gitye provides further insight into why the company is investing in Sweden’s second largest city.
“Being one of the fastest growing regions is of course of importance, as well as being a globally connected hotspot for innovation, technology and sustainable development. With its broad range of industries, tech testbeds and science parks, it feels natural for us to build a strong presence here,” says Stefan Gitye.
Growing demand for digital expertise
Headquartered in San Jose, USA, GlobalLogic has over 28,000 employees worldwide. Since last year it has been part of the Japanese conglomerate, the Hitachi Group. In Gothenburg, at present, its clients are mostly within automotive and telecommunications.
“GlobalLogic operates design studios and engineering centres around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, media and entertainment, manufacturing, semiconductor, and technology industries. So, there are possibilities for us to grow in a few more verticals in Gothenburg,” says Stefan Gitye.
Gothenburg features many strong clusters, including automotive and mobility, life science, ICT, logistics and manufacturing. These are going through a digital transition, and this creates good opportunities for technology companies, explains Joel Görsch, our investment advisor for automotive, mobility and cleantech.
“Gothenburg companies have a growing need for digital competence and therefore it’s important for the region’s competitiveness that companies such as GlobalLogic establish a presence here. This allows them to supply the region more easily with relevant skills and talent,” says Joel Görsch.
Gothenburg facts
- Gothenburg is Sweden’s leading region for business R&D, with the county accounting for 34 per cent of the country’s total business R&D expenditure.
- Gothenburg has the highest density of engineers among Sweden's metropolitan regions.
- Gothenburg is home to three science parks, 60 testbeds and two of Sweden's top universities, with around 66,000 students.
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