DENMARK: "IT" FIRMS ON THE VERGE OF BANKRUPTCY
Article Abstract:
Bankruptcies are threatening the Danish IT sector. According to statistics presented by Kobmandsstandens Oplysningsbureau, every seventh Danish company that offers Internet and IT advisory services is heading for a bankruptcy and every fourth company reports losses. John Mikkelsen, head analyst at Kobmandsstandens Oplysningsbureau, says it is both easy and cheap to start consultancy operations within these sectors, which is why it is only logical that some of these companies should be suffering losses now. IT-Brancheforeningen, the trade organization for the IT sector, is not surprised at the development and says there are many factors that complicate the situation for newly-established IT companies such as teething problems, new technology and tight competition.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
DENMARK:TOPS THE E-GOVERNMENT SPENDING SURVEY
Article Abstract:
A survey conducted by the British company Kable Ltd. regarding e-government i.e. the public sector spending on IT investments. Denmark and Sweden spend a little over DKr1,875 (US$228) per inhabitant whereas Greece and Portugal spend DKr840. According to William Heath, head of Kable Ltd., there are major differences between countries as regards the target of IT investments. Germany and France focus mainly on infrastructure projects whereas Denmark spends more funds on direct IT contacts to consumers. Education and health are the top priority areas for public sector IT investments whereas the army is a non-priority area.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
DENMARK: BANK EMPLOYEES RECEIVE COMPANY WAP
Article Abstract:
Danish bank Spar Nord offers their 1,200 employees a company wap-phone in co-operation with Sonofon and Siemens. Sonofon CEO Ulrik Bulow hopes the employees will spread the idea of carrying out banking services via wap, which in turn may boost demand for wap in general.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: DENMARK: GTS AND WORLD ONLINE TO TARGET MARKET. DENMARK: ERICSSON INVESTS IN R&D CENTRE. Denmark: TDC plans investments in optical fibre cables
- Abstracts: DENMARK: NEW SOFTWARE TO MAKE CUSTOMERS LOYAL. DENMARK: NEW E-MARKET PLACE OPENS FOR TRADING. DENMARK: MANAGEMENT SYSTEM FOR WAP DEVELOPED
- Abstracts: DENMARK: SCAN-HIDE TO INVEST IN TANNERY. DENMARK: DANGRONT IN AN ALLIANCE WITH KRAFT. DENMARK: STEFF-HOULBERG AND SPIRA TO COOPERATE
- Abstracts: DENMARK: ERICSSON TO EXPAND R&D DEPARTMENTS. SWEDEN: MOBILE PHONES MAY CAUSE ALLERGIES. Denmark:Siemens to sell service unit to Emts of Austria
- Abstracts: DENMARK: DANSK TRAELAST AIMS AT EXPANSION. DENMARK: HIGH DEMAND LEAD TO HIGH EFFICIENCY. DENMARK: ICOPAL ACQUIRES MONARFLEX