Itera ASA

Not to be confused with Itera.

Itera ASA

Traded as	OSE: ITE
Industry	Consulting
Founded	1995
Headquarters	Oslo, Norway
Key people	Arne Mjøs(CEO)
Revenue	NOK 633 million (2021)
Operating income	NOK 0 million (2021)
Number of employees	680 (Headquarter)
Website	www.itera.no

Itera ASA is a Scandinavian group of consultancy companies providing Internet-based services. The company's headquarters is located in Oslo, Norway and its CEO is Arne Mjøs.[1][2]

Itera Consulting is a subsidiary of Itera ASA and is based in Norway, Sweden, Denmark, Ukraine and Slovakia.[3]

Itera has more than 500 employees working in offices in Norway, Sweden, Denmark, Ukraine and Slovakia.[4]

History

The beginning

Itera was founded in 1995 in Norway as Objectware.[5] In 1999, Itera itself was founded and started functioning on the Norwegian market. Later that year, it was included to the list of Oslo Stock Exchange. In 2000, Itera merged with Objectware.

Itera Consulting

In 2000, Itera Consulting was established. In 2000, Itera entered Sweden by acquisition of the business intelligence company IT Partner and entered Denmark with the acquisition of the web company 3Enigheten.[6]

In 2008, Itera Consulting entered Ukraine, an important location for Central and Eastern European outsourcing.[7] Itera Consulting is represented in Ukraine by a nearshore development center.[8] The first delivery office was started in the capital city of Kyiv.[9] It was established by composing a management team with over 10-years experience from leading organizations within offshoring.[10] The business of Itera Consulting Ukraine is headed by VP Global Sourcing Igor Mendzebrovski, formerly one of the founders of leading offshoring company in Eastern Europe.[11][12] In the beginning of 2011 a second delivery office was started in Lviv, Ukraine.[13]

In 2008, Objectware was renamed Itera Consulting.[14]

Itera Group companies

Itera ASA Group companies spheres of business: Communication, Consulting, Operations, Business Solutions. The group companies are linked by shared ownership, entrepreneurial philosophy^[citation needed] and assets.

• Itera Consulting: Provides consulting, develops and manages IT solutions.^[buzzword] Operates in Norway, Sweden, Denmark and Ukraine via project implementation at the customer's location, in company own premises, or via nearshoring development center in Ukraine.
• Itera Gazette: Itera Gazette is a communications agency. Company has customers in both the public and private spheres.
• Itera Networks: Delivers consulting services, on-demand infrastructure solutions^[buzzword] and IT operations to organisations in Norway and Sweden.
• Compendia: Compendia develops and delivers web-based solutions^[buzzword] and content and provides HR, management, HSE and quality assurance consulting. Compendia's solutions^[buzzword] are customized for managers, employees and workers' representatives in companies, government bodies and workers’ organizations in Norway.
• Cicero Consulting: Offers consulting services within banking and finance in the Nordic region.[15]

References

1. "Storebrand ASA". relationshipscience.com. Retrieved 2021-09-05.
2. "Itera annual report 2013". Issuu. Retrieved 2021-09-05.
3. "Our customers and Itera stand together for Ukraine | live". live.euronext.com. Retrieved 2022-06-15.
4. "ANNUAL REPORT 2019" (PDF).
5. "Study of Management Control Systems in Norwegian IT Offshoring to Ukraine" (PDF).
6. "Ukrainian HI-TECH Initiative: Itera Consulting, Kyiv". hi-tech.org.ua. Retrieved 2022-06-15.
7. "European IT Outsourcing Intelligence Report 2010: Central and Eastern Europe". Archived from the original on 2011-07-11.
8. "Ітера". European Business Association (in Ukrainian). Retrieved 2021-09-05.
9. "news2biz UKRAINE" (PDF).
10. "Ukrainian HI-TECH Initiative: Itera Consulting, Kyiv". hi-tech.org.ua. Retrieved 2021-09-05.
11. "Ukrainian HI-TECH Initiative: Itera Consulting, Kyiv". hi-tech.org.ua. Retrieved 2021-09-05.
12. "in Ukraine - Deloitte" (PDF).
13. "Lviv IT market Research - Lviv IT Cluster" (PDF).
14. Lyse, Morten Isebakke (2010-02-09). "Anders Lier overtar Itera Consulting". www.cw.no (in Norwegian Bokmål). Retrieved 2022-06-15.
15. "Itera annual report 2013". Issuu. Retrieved 2021-09-05.