Icelandic Tech Scene

June 19, 2024

English

Exploring the Icelandic Tech Scene

Iceland has, by and large, kept pace with developments in technology. Most Icelanders use the latest electronic devices such as computers, tablets and mobile phones. Technology companies are also growing, which has led to local youth finding work. One major advantage that technology companies have found in Iceland is the abundant energy at favorable rates. Many jobs in technology companies are carried out around the clock, mainly due to the global nature of the work and the time difference in different parts of the world.

Developments in technology

The Scope for Expansion

The emergence of new technologies brings more opportunities for budding Icelandic entrepreneurs to showcase their talent. They can work on making the technology directly usable for local businesses instead of simply copying the international format.

There are notable examples, such as the recent unveiling of Embla, a voice assistant developed by an Icelandic startup called Miðeind. Embla is an app that can be downloaded on Android and iOS devices and the app understands voice commands spoken in Icelandic. Icelanders can freely use the app on their devices to do their routine tasks with the app. This is just one example. The other technology companies in Iceland are working on other technologies in a similar way. Their work could be published in the future. The market is ready and ripe to embrace these changes. The startups need to work even harder and prove that Icelanders are unrivaled when it comes to technology.

The opportunities for Icelandic start-ups to develop new technologies are truly endless.

Some of the Leading Companies

If you take a look at the landscape of companies involved in the development of new technologies in Iceland, you will find some prominent names.

Xpertyst is a technology startup that offers its services to companies in Iceland to develop mobile apps, build websites and customise their products. Their skills can be useful for companies operating in Iceland. Many of them that sell their products want to go online and have their own e-commerce enabled platforms to sell on. Xpertyst says they can provide end-to-end solutions in all these areas.

Stefna is another technology startup that offers almost similar services as Xpertyst. They claim to specialize in creating online stores for their customers.

Premis is also one of the tech companies in Iceland. Their unique selling point is their ability to offer hardware services. Their team can take care of the maintenance of your computer systems. They also work with local administrations, such as municipalities, to integrate their computer system into regular operations and move them from the traditional way of working to online use.

Tech Landscape

Wise is a technology company in Iceland that supports organizations that need data analytical tools, with their proprietary product Wise Analyzer.

All these and other tech companies in Iceland are crucial for the growth of the Icelandic economy. They bring the latest technology to the doorsteps of companies operating in Iceland. Through their endeavours, they are able to offer numerous benefits to their customers. Be it in the form of website development, online shops and mobile applications, all of which contribute to the expansion of businesses.

There are other companies that grow around the main companies. Companies that sell software programmes, hardware items such as computers, peripherals and consumables are also part of this ecosystem. Some of them work with the government agencies that have also used technology extensively to manage the country. In the long term, Iceland can become self-sufficient in many of these areas and will need to import very little. The technology companies are making this contribution.

If you require any assistance in Iceland, contact Swapp Agency .