Bergur Thormundsson
Research expert covering technology in the Nordics, AI and smart cities
Get in touch with us nowGermany – inevitable in the European discussion
Germany remains Europe’s largest economy and comes in fourth globally only behind the juggernauts of the United States, China, and the - ever industrious - Japan. Germany is therefore no slouch in information technology development. Despite this, only a share of German companies aim to substantially invest in AI in 2023, or around a third of companies. For most German enterprises the use of AI is expected to not take off significantly in the near future. Nonetheless the companies that expect to use AI in their daily business can reap considerable benefits. Whether it be improved processes, quicker analysis, or simply avoiding human errors, those businesses that aim to adapt AI in the coming years will be ahead of the curve in developments.The small but advanced Nordic region
The Nordic countries of Sweden, Denmark, Norway, Finland, and – though significantly smaller – Iceland, are advanced users and developers of AI within their enterprises. More than a third of organizations in the Nordics consider AI to be integral in their day-to-day business and less than five percent are not using it. The larger Nordic nations also possess robust and diverse educational programs focused on exploring the many possibilities of AI usage. Denmark, in particular, possesses 19 Master's degree programs only in the field of AI. This, combined with a remarkably high economic clout, due to each of the Nordics being on the top 20 list of GDP per capita, means any interest in European technological development would do well with looking at the Nordic region.
