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.

Marketing procedures, Computer Services, Computer Systems Design and Related Services, Computer and Data Processing Services, Management Consulting Services, Business & Mgmt Consulting, Information technology services, Consulting services

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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.

On-Line Information Services, Government domestic functions, Videotex & Teletext, Database Vendors, Telegraph & other communications, Information retrieval services, Database industry, Internet services

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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.

Advertising, Siemens AG

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