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Knowit Secures Major Framework Agreement with Finland’s DVV

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Knowit Secures Major Framework Agreement with Finland’s DVV

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The latest announcement is out from Knowit AB ( (SE:KNOW) ).

Knowit has secured a new five-year framework agreement with Finland’s Digital and Population Data Services Agency (DVV), valued at approximately EUR 250 million, shared with other partners. The agreement, which continues a long-standing partnership since 2014, involves providing IT expert services for DVV’s digital infrastructure, including system design, development, and maintenance. Knowit ranked in the top positions for two out of three service areas it bid on, highlighting its significant role in advancing digital public services in Finland. This contract underscores Knowit’s strong position in the public sector digitalization market, reinforcing its commitment to impactful digital solutions.

More about Knowit AB

Knowit is a digitalization consultancy firm with a mission to foster a sustainable and humane society through digital innovation. The company aids clients in digital transformation, utilizing a decentralized organization and agile methodologies. Knowit operates in four business areas: Solutions, Experience, Connectivity, and Insight, offering services in system development, digital experiences, IoT, cloud, cybersecurity, and management consultancy. Founded in 1990, Knowit employs around 3,900 people, primarily in the Nordic countries, with additional operations in Germany and Poland. It is listed on Nasdaq OMX Stockholm Mid Cap.

YTD Price Performance: -6.07%

Average Trading Volume: 45,732

Current Market Cap: SEK3.52B

See more data about KNOW stock on TipRanks’ Stock Analysis page.

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