Bouvet ASA

What Bouvet ASA does

Bouvet ASA is a publicly listed Norwegian IT consultancy (Oslo Børs: BOUVET, NO0010360266), headquartered in Oslo, providing digital solutions, consulting, design, and communication services to enterprise and public sector clients primarily in Norway and Sweden. The company traces its origins to August 2002, when it became independent from the Swedish-owned Cell Network, and today operates 17 offices (14 in Norway, 3 in Sweden) across seven regional markets with over 2,300 employees. Its service portfolio spans IT consulting, digital transformation strategy, cloud migration, AI and analytics, enterprise software implementation, cybersecurity, and design/communication services. Marquee clients include Aker BP, Equinor, Lyse, Statens vegvesen, Stavanger kommune, Bærum kommune, Kystverket, and Kepler Cheuvreux, spanning oil and gas, energy, public sector, and financial services.

The company's core technology capabilities are anchored in the Microsoft ecosystem — Azure cloud, Microsoft 365 Copilot, and Power Platform (Power Apps, Power Automate, Power BI) — supplemented by Google Cloud Platform consulting and Cloudflare security and performance services (Bouvet is the first and only Cloudflare service delivery partner in the Nordics). Bouvet also holds Advanced Certified Partner status with DI2X. AI work is delivered primarily through Microsoft Copilot implementations, agentic-AI consulting, hackathon-style engagement models (notably with Equinor), and custom AI solutions for public-sector customers. The company maintains ISO 9001, 14001, 27001, and 45001 certifications plus Norwegian Miljøfyrtårn environmental certification across all offices.

Bouvet operates a pure professional services revenue model: billable consultant hours and project-based engagements priced through custom enterprise proposals, often under multi-year contracts. Go-to-market is sales-led via direct enterprise account teams and public-sector tenders, with geographic expansion pursued through acquisition — exemplified by the October 2023 acquisition of Headit AS (35 employees) which added the Innlandet region presence and entry into Sweden. FY2023 revenue was NOK 3,525.8 million (14.3% YoY growth), and the 2024 quarterly cadence implies ~NOK 3.92 billion, indicating a NOK 3.5–4 billion annual revenue run rate in the $250M–$500M USD band. The company is led by CEO Per Gunnar Tronsli (succeeded founder-era CEO Sverre Hurum) and CFO Trude Hole.

Name

Bouvet ASA

Legal name

Bouvet ASA

Website

https://bouvet.no

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Bouvet ASA is a publicly listed Norwegian IT consultancy providing digital transformation, cloud, and AI consulting services to enterprise and public-sector clients across Norway and Sweden, with over 2,300 employees and flagship Microsoft Power Platform expertise.

Ownership category

akta.pro rank

Product category

IT Consulting Services

NAICS

Management Consulting Services (54161), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Cloud Consulting & Migration (BPAHAEAE)

akta.pro secondary industries

Cloud Strategy, Assessment & Roadmap (BPAEACAA), Enterprise Application Modernization & Upgrades (incl. S/4HANA, cloud migrations) (BPAEAGAG), Managed Workplace Services (DaaS/Workplace-as-a-Service) (BPAEAIAA)

Keywords

• IT consulting services
• Digital transformation consulting
• Cloud migration services
• Enterprise software implementation
• AI implementation consulting

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. IT Consulting Services: Professional services revenue from management and IT consulting engagements. Long-term client relationships with enterprise organizations including oil and gas, energy, public sector, and financial institutions. Revenue driven by billable consultant hours and project-based engagements.
2. Digital Transformation Projects: Project-based consulting revenue from digital transformation initiatives including cloud migration, AI implementation, and enterprise software deployment

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Bouvet ASA provides IT consulting, digital transformation, design, and communication services to enterprise and public sector clients in Norway and Sweden. Engagements span cloud migration (Microsoft Azure, Google Cloud), AI and analytics implementations (Microsoft 365 Copilot, Power Platform), cybersecurity (Cloudflare), and enterprise software deployment, delivered by in-house consultant teams via certified partner programs. The firm does not sell packaged software products; revenue is generated entirely through professional services engagements.

Product overview

Bouvet ASA is a Norwegian-owned leading IT consultancy company that provides digital solutions, consulting, design, and communication services. The company operates across Norway and Sweden with seven regions and fourteen offices in Norway and three in Sweden, employing over 2,300 people. Bouvet does not offer packaged software products but instead provides professional consulting services tailored to client needs across various sectors including public sector, oil/gas, retail, and power supply. Services include AI and data projects, cloud solutions, cybersecurity, design, and training courses. The company also operates Bouvet Kurs (training courses) and Bouvet Bobler (podcast) as knowledge-sharing initiatives, and maintains internal platforms for employees including Min Side (intranet), Wiki, Jira Service Management, and Cloudflare Access for security.

Differentiator

Problem solved

Functional benefit

Products and services

• IT Consulting and Digital Transformation Services End-to-end management and IT consulting services for enterprise and public sector clients in Norway and Sweden, covering digital transformation strategy, cloud migration, AI implementation, and enterprise software deployment, delivered by in-house consultant teams.
• Google Cloud Platform Consulting Services Implementation and consulting services on Google Cloud Platform, including infrastructure migration, cloud-native development, and data analytics implementations, delivered as a Google Cloud Partner.
• Microsoft 365 Copilot and Power Platform Consulting AI-powered productivity and low-code implementation services using Microsoft 365 Copilot, Power Apps, Power Automate, and Power BI, delivered to enterprise and government clients including Statens vegvesen.
• Cloudflare Security and Performance Services Web security, performance optimization, and Zero Trust network access solutions delivered as the Nordic region's exclusive Cloudflare service delivery partner.
• Bouvet Kurs (Training Courses) Training and knowledge-sharing courses for professionals, operated as a dedicated offering within Bouvet ASA.
• DI2X Digital Transformation Services Specialized digital transformation consulting delivered under DI2X Advanced Certified Partner status, addressing enterprise-level transformation methodologies.

Named customers10 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and flagship.

• DI2XcoreTechnology or IntegrationBouvet achieved Advanced Certified Partner status with DI2X, demonstrating specialized expertise in DI2X solutions and digital transformation methodologies. This certification validates the company's advanced capabilities in delivering DI2X-based solutions to enterprise clients.
• Google CloudcoreTechnology or IntegrationBouvet operates as a Google Cloud Partner, providing cloud infrastructure consulting and implementation services. The partnership enables delivery of Google Cloud Platform solutions including infrastructure migration, cloud-native development, and data analytics implementations.
• CloudflarecoreTechnology or IntegrationBouvet is the first and only Cloudflare partner in the Nordic region, holding service delivery partner status. Provides Cloudflare's web security, performance optimization, and Zero Trust network access solutions to Norwegian and Nordic enterprise clients.
• MicrosoftflagshipStrategic or Co-development PartnerMicrosoft is a flagship strategic partner with multiple Partner of the Year awards (Power Platform Partner of the Year 2024, Manufacturing Industry Partner of the Year 2024). Bouvet participates in Microsoft Partner Pledge initiative for co-development. Expertise in Microsoft 365 Copilot, Power Platform (Power Apps, Power Automate, Power BI), and Azure cloud services.
• Headit AScoreStrategic or Co-development PartnerBouvet completed the acquisition of Headit AS, a Norwegian IT consulting company based in Hamar. The acquisition expands Bouvet's presence in the Innlandet region and strengthens capabilities in digital consulting services.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Tietoevry: Tietoevry is the largest Nordic-headquartered IT services and software company, with deep operations across Norway, Sweden, Finland, and the Baltics. It directly competes with Bouvet in Norwegian enterprise IT consulting, public-sector digitalization, and cloud transformation, but at meaningfully larger scale and with a software product portfolio Bouvet lacks.
• Knowit AB: Knowit is a Sweden-headquartered Nordic IT and digital consultancy with operations spanning Norway, Sweden, Finland, Denmark, and Germany. It is one of the closest direct competitors to Bouvet in the Norwegian market, offering similar digital transformation, design, and tech consulting services to enterprise and public sector clients.
• Netlight Consulting: Netlight is a Nordic-origin IT consultancy with strong presence in Norway and Sweden, focused on digital transformation, software development, and tech strategy for enterprise clients. It competes head-to-head with Bouvet for premium enterprise and tech talent in Oslo and Stockholm.
• Reaktor Innovations: Reaktor is a Finland-headquartered digital engineering and design consultancy serving enterprise clients across the Nordics and beyond. It is comparable to Bouvet in its focus on high-end digital transformation, AI/data engineering, and design-led consulting engagements with blue-chip clients.

Broad incumbents

• Atea ASA: Atea is the leading Nordic IT infrastructure and services provider, headquartered in Norway with ~7,000 employees across the Nordics and Baltics. It overlaps with Bouvet in managed services and Microsoft/cloud deployments but is materially larger and more focused on hardware infrastructure and product resale.
• Capgemini (Norway): Capgemini is a global IT services and consulting leader with a significant Norwegian practice serving enterprise and public sector clients in cloud, AI, and digital transformation. It competes with Bouvet for large Norwegian enterprise and government transformation engagements but at a much larger scale and broader service portfolio.
• Accenture (Norway): Accenture is the world's largest IT consulting firm with substantial Norwegian operations serving major enterprises across oil & gas, financial services, and public sector. It competes with Bouvet on large transformation mandates but with vastly deeper resources, global delivery, and broader technology capabilities.
• Sopra Steria (Nordics): Sopra Steria is a European IT services leader with a Nordic presence competing in digital transformation, cloud, and enterprise application services. It overlaps with Bouvet in Norwegian public sector and enterprise consulting but operates a much broader European footprint and has stronger software/cybersecurity offerings.
• CGI Group: CGI is a global IT and business consulting services firm with established Norwegian operations serving public sector and enterprise clients. It competes with Bouvet in government digitalization and enterprise systems integration but with a substantially larger global delivery network and managed services portfolio.

Regional players

• Sigma Group: Sigma Group is a Sweden-headquartered IT consultancy group with operations primarily across Sweden. It is comparable to Bouvet in its IT consulting, digital transformation, and specialist services focus, and competes with Bouvet's growing Swedish practice but is concentrated primarily in the Swedish market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/BouvetASA
• Facebookfacebook.com/bouvet
• LinkedInlinkedin.com/company/bouvet-asa
• Instagraminstagram.com/bouvet_asa
• Xx.com/bouvet

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bouvet ASA