About Cybercom

Since July 1, Cybercom is part of Knowit.

About Knowit

We are digitalization consultants and a Nordic powerhouse for the digital business models of the future. Our vision is to create a sustainable and humane society through digitalization and innovation. Knowit supports its clients in the digital transformation and stands out among other consultancy firms through its decentralized organization and agile work methods in client assignments. The operations are divided into four business areas – Solutions, Experience, Connectivity, and Insight – which offer services in bespoke system development, digital customer experiences, the internet of things, cloud, cybersecurity, and management consultancy. Competences from several business areas are often combined in client projects.

Knowit was founded in 1990 and, following the acquisition of Cybercom on July 1, 2021, has around 3,800 employees, mainly in the Nordic countries, but also in Poland and Germany. The merger with Cybercom has created new opportunities to take on larger and more complex assignments, primarily within the industry, tech, and telecom sectors. In addition, an even stronger platform is created, from which we offer digital solutions to the sustainability challenges of society.

Knowit AB (publ) has been listed on the stock market since 1997 and is currently listed on Nasdaq OMX Stockholm Mid Cap. For more information on Knowit, please visit knowit.eu External link..

Makers of tomorrow

Business Incubator LEAD and Cybercom developed a model for maximising the positive climate impact from the innovation ecosystem.

Houdini together with Cybercom released its first Regenerative Lifestyles white paper, suggesting a holistic formula for companies to become solution providers for a more sustainable post Covid-19 world.

Cloud services from Cybercom generated new assignments from clients such as:

  • Valmet –Cybercom became Valmet’s main partner for Amazon Web Services (AWS) – from development to VMware Cloud on AWS.
  • World-leading ICT provider – helping to shape a world of communication.

Cybercom’s IT security experts are trusted by clients such as:

  • World-leading ICT provider – helping to shape a world of communication.
  • The Swedish Export Credit Agency.

Cybercom was awarded numerous customer framework agreements and dynamic procurement systems, for example with:

  • The Public Health Agency of Sweden (Folkhälsomyndigheten).
  • The Swedish Board of Student Finance (CSN).
  • SIDA.
  • The Swedish Research Council (Vetenskapsrådet).
  • Swedish Security Service (Säkerhetspolisen).
  • SPV (Statens tjänstepensionsverk). Yle (Finnish broadcasting company).
  • City of Helsinki.
  • Energy Authority in Finland (energy market regulation and supervision).
  • Elenia (electricity and heating distribution).

Cybercom released its tenth annual Sustainability Report.

Cybercom submitted science-based reduction targets to the SBTi (Science Based Targets initiative) for official validation, pursuing efforts to limit global warming to 1.5°C.

Cybercom joined the Exponential Roadmap* Initiative which provide the 1.5°C Business Playbook, and committed to continuously support clients to integrate climate into their business strategies and digital transformation efforts.

Based on the 1.5°C Business Playbook, Cybercom also introduced the four-pillar disclosure model, which illustrates Cybercoms ambition, strategies and progress.

Cybercom introduced a new KPI to measure if its employees feel enabled and empowered to take action towards a sustainable tomorrow within their role and responsibility (Enabling the 17 UN Sustainable Development Goals).

Cybercom launched a digital sustainability training course and was among the first in its industry to train all its employees – enabling and empowering them to act. So far, more than 1,000 Cybercom consultants have completed the training, receiving a diploma from KTH Royal Institute of Technology.

Cybercom’s clients gave Cybercom record scores in the 2020 client survey. The Client Satisfaction index was 83 – which is 17 points above the industry average. They also confirmed that they perceive Cybercom to provide solutions that have positive sustainability impacts.

Cybercom was one of four main partners of Women in Tech 2020.

Building on the Mission Innovations Net-Zero Compatible Innovations Initiative, Cybercom helped RISE and Climate KIC to launch Covid-19 responses for Climate Transformation that can inspire 1.5°C-compatible pathways.

CEO Niklas Flyborg participated in the UN Global Compact private forum.

Cybercom and CEO Niklas Flyborg were invited by the Minister for Foreign Trade of Sweden, Anna Hallberg, to participate in a meeting under the Swedish Foreign Service’s policy initiative #DriveforDemocracy.

Cybercom achieved the AWS Migration Competency.

Cybercom acquired Solutive and merged its operations in Finland.

1995

Founded by IT consultants Per Bergström and Pekka Seitola, Cybercom starts operations.

Cybercom's founders.

1996

Cybercom’s Stockholm office opens and Telia is among the first clients.

1999

Cybercom works with mobile services. The company is listed on the O-list of the Stockholm Stock Exchange in December 1999.

2000

Cybercom focuses on services for the telecom and financial service industries.

2001

Cybercom establishes operations in Denmark.

2002

Cybercom is established in the UK through the acquisition of Stratum Project Management, with operations in financial solutions. The company receives a significant global contract involving responsibility for application management for Sony Ericsson’s portal.

2003

Cybercom acquires Consafe Infotech and establishes a strong position in services to the telecom industry in the Öresund region. Through the acquisition, J Christer Ericsson becomes a major shareholder in Cybercom through a company (JCE Group AB).

2004-2005

Cybercom acquires Netcom Consultants, active in telecom management. Through this acquisition the office in Singapore is added, as well as major international clients Millicom and Tele2.

2004

The company is appointed a partner in the EU research project Supporting Innovation of Small and Medium Enterprises in the Mobile Services and Application Supply Business (”SIMS”) for development of mobile services and 3G applications.

2006

Cybercom establishes a joint venture in Mumbai, India, along with the Indian company Datamatics. In December 2006, Cybercom phases out operations in Norway.

2007

Cybercom acquires the operations of auSystems in Sweden, Denmark, and Poland. The acquisition more than doubles Cybercom’s sales and number of employees. Cybercom also acquires Varchar, with around 25 employees in the Öresund region.

2008

Cybercom acquires Finnish Plenware, with around 550 employees at the time of acquisition, and with operations in Finland, Estonia, Romania, and China. Cybercom also acquires security consultant Nexus Consulting, which brings key expertise in the field of security. During this year Cybercom opens an office in Chengdu, China, and a sales office in Dubai. In October Cybercom sells the UK operations.

2009

During 2009 a programme of measures is implemented at a cost of SEK 28 million to adjust to the weaker economic activity in Sweden and Finland. The company also makes goodwill impairments of SEK 200 million in Cybercom Finland and SEK 80 million in Cybercom Sweden. The company carries out a rights issue of approximately SEK 100 million.

2010-2011

Impairment of intangible assets related to Plenware Oy of SEK 151 million is conducted. Operations in Beijing, China, are closed and the sales office in San Jose, USA, is closed. Restructuring is implemented at a cost of SEK 28 million in conjunction with cutbacks in Finland, Romania, and China.

2010

A volatile market leads Cybercom to streamline its nearshore capacity and close its operations in Estonia. Restructuring of operations in southern Sweden are implemented at a cost of SEK 18 million.

2012

A new strategy is adopted, with focus on profitability over growth and the Nordic region as home market. In addition, Poland, India and Singapore are international centres of excellence that both support the Nordic business and represent their own specialist businesses. Cybercom sells its remaining operations in China and initiates liquidation of its business in Romania. The board decides on a new rights issue as part of a new financing solution.

UN Secretary-General Ban Kimoon visited Cybercom together with Swedish Prime Minister Fredrik Reinfeldt.

2014

Cybercom continued to strengthen its position in security and was engaged by the Swedish Tax Agency and the Finnish Population Register Centre to develop national identification services for citizens in Sweden and Finland.

Cybercom was entrusted by Ericsson to deliver several new agile teams and, as a consequence, established a new office in Kista.

Cable & Wireless Communications selected Cybercom for several Connectivity Management assignments for mobile networks in the Caribbean.

UN Secretary-General Ban Kimoon visited Cybercom together with Swedish Prime Minister Fredrik Reinfeldt and Migration Minister Tobias Billström to discuss migration issues, technology and sustainability. Cybercom was also exclusively invited to participate in the UN Climate Change Summit in New York to discuss innovative technologies as tools for a sustainable future.

2015

The main owner JCE Group made an offer for Cybercom in 2015, together with Tequity AB. The offer was accepted by more than 96% of shareholders, and the company was therefore delisted in December 2015.

Cybercom is a ambitious climate leader.

2015-2019

In February 2019, Formica Capital became the new controlling shareholder of Cybercom. In the new ownership structure, Formica Capital owns 51 percent of the shares. JCE Group owns 41 percent, Tequity around 6 percent and CEO Niklas Flyborg around 2 percent. Formica Capital was formed in 2018 and makes impact investments in which social benefits are important in addition to the yield. The company is owned by the Olsson Eriksson family.

Emil Svensson

Marketing & Communication

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