NNIT

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NNIT A/S

Formerly	Novo Nordisk IT
Type	Publicly traded Aktieselskab
Industry	IT
Founded	1994
Headquarters	Søborg, Denmark, Soeborg, Denmark , Denmark
Area served	Asia, Europe, North America
Key people	(CEO) Pernille Fabricius (CFO)
Products	IT Operations Support
Revenue	2,830,000,000
Operating income	122,000,000
Total assets	1,590,516,000 Danish krone (2016)
Number of employees	3,000
Parent	Novo Holdings A/S
Divisions	Life Sciences; Public & Private, Projects, Appplications & Consulting; Cloud & Infrastructure Services
Subsidiaries	SCALES Group, Valiance, Excellis
Website	www.nnit.com

NNIT A/S is a Danish public IT company that provides IT consultancy, development, implementation and outsourcing of IT services to clients within life sciences in Denmark and internationally as well as to all types of customers in Denmark.

Its clients include among others Danish and international life science companies, public organizations, financial institutions and large enterprise companies. As of 2017, NNIT is currently the third-largest IT services provider in Denmark.

NNIT's more than 3,000 employees primarily work at the headquarters in Denmark and its offices in Asia, Europe and the USA.

The company was founded as Novo Nordisk IT in 1994 through the merger of Novo Nordisk's two existing information technology units. In 1999, Novo Nordisk IT was established as a private limited company, wholly owned by Novo Nordisk. In 2004, the company changed its name to the current NNIT A/S. In March 2015, NNIT was listed on the NASDAQ OMX.

History[]

The company was founded as Novo Nordisk IT in 1994 through the merger of Novo Nordisk's two existing information technology units. The company was converted into a wholly owned aktieselskab in 2004.^[1] In March 2015, NNIT was floated on the NASDAQ OMX Nordic, and has traded below the listing price ever since, due to lack of growth.

Activities[]

NNIT A/S offers IT services, primarily in the life sciences sector in Denmark and internationally and to customers in the public, enterprise and finance sectors in Denmark. As of 30 June 2018 NNIT A/S had 3,122 employees. NNIT has approximately 400 clients of which around 150 are located outside Denmark. Some 20% are international life sciences clients (June 2018). NNIT is headquartered^[2] in Søborg, Denmark with sales offices in: Zurich (Switzerland) and Princeton (United States). NNIT's primary offshore delivery center is in Tianjin (China) from which the company also target sales to companies in the Chinese life sciences industry. In addition, NNIT operate delivery centers in Manila (the Philippines) and Prague (the Czech Republic).

Many of NNIT's customers operate in the life sciences sector (including NNIT's major customer, the Novo Nordisk Group, a world leading life sciences group, which comprises Novo Nordisk A/S and subsidiaries),^[2] but NNIT also provide services to customers in the public, enterprise and finance sectors among these DSB, Arla Foods and PFA.^[2]

See also[]

• Novo Nordisk
• Novozymes

References[]