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Tech giant Nagarro set to grow in Gothenburg

12 October 2022
Dacil Hernandez, Data/AI Practice Director at Nagarro and Frederik Sahlin, Sales Director at Nagarro. Photo: Nagarro
The tech scene has grown quickly in Gothenburg in recent years, with more jobs being created and more companies establishing themselves on the market. Northvolt and Volvo Cars joint battery production plant, risk capital company Wellstreet’s investment on the west coast, and Heart Aerospace’s electric aircraft campus are just a few examples that illustrate the region’s attractiveness.

One of the companies that has a positive view of Gothenburg’s future is global tech giant Nagarro. The company has 17,000 employees in 32 countries and is growing fast. Since May, the firm also has an office in Gothenburg. 

“The timing was right to establish an office,” says Frederik Sahlin, Sales Director at Nagarro. “We are growing quickly on all markets, and we see a lot of potential in Gothenburg. Several of our customers are here, including Nothvolt, Volvo Cars and AssaAbloy. We are aiming to double the number of staff we have in Gothenburg by the end of the year and we need to strengthen our team both in terms of sales and delivery.”

Nagarro is an IT-consultancy company with a full-service offer, which means they help their customers with all parts of digital transformation and business development, among other things through digital product development, cloud- and integration services, AI and IoT-solutions and next generations ERP (enterprise resource planning). 

“We usually say that we are a global company with a local touch,” says Dacil Hernandez, Data/AI Practice Director at Nagarro. “In our global network of colleagues, we have all the expertise you can imagine, but we also think it is important to have a local presence. That’s why we put together teams containing both parts. Gothenburg has a strong industrial tradition and here we are focusing a little extra on industrial automation, the automotive industry and medtech.” 

Based at Lindholmen in Gothenburg

The company has established its office at Lindholmen, one of Sweden’s leading innovation environments where collaboration is a cornerstone. The area is home to around 400 companies, including Ericsson, Volvo, Geely, CEVT and Einride.  

“We believe in collaboration instead of competition. That’s why we chose to open an office at United Spaces in Lindholmen, a network hub in the heart of Gothenburg’s technology cluster. We like it here,” says Dacil Hernandez.
 
Iris Öhrn, our life science investment advisor, has been supporting Nagarro. Among other things, she has been helping the company to understand the pharma and healthcare innovation ecosystems and helping connect them with relevant contacts.  
 
“Gothenburg is in a middle of a paradigm shift where the digitalization of industries is bringing sweeping changes in all sectors, and not the least in the life science sector. One of our main challenges is to make sure there is enough available competence,” says Iris Öhrn.  

“That a company like Nagarro decides to establish operations in Gothenburg is proof of the increasing demand for IT capabilities and the business opportunities that foreign players can find in our region. Nagarro’s focus on innovation is also a great match to the future that Gothenburg is trying to build together with the local industry.”

 

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Iris Öhrn
Investment Advisor
Area of work: Life Science Establishment
Area of concern: Establish and invest

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