Denmark leads Europe in IT investment  

IDC research shows Danish companies are investing more in IT to prepare for future prosperity

TV2 Online has reported that according to research from IDC, Danish companies are investing more in IT than their European competitors. The survey, covering 550 European companies with more than 500 employees, was commissioned by Microsoft to enable the software giant to plan its market strategies.

Microsoft apparently sees Denmark in a different light to other European countries. Peter Colsted, Sales Director for Microsoft in Denmark, is reported as saying that the economic downturn has not affected Denmark so strongly, and despite a sharp focus on costs and earnings, Danish companies are preparing themselves for better times more than their competitors in other European countries.


Earlier this month Microsoft acquired Denmark's largest software company, Navision, in a DKK 10.8 billion (USD 1.3 billion) deal. The takeover was the second biggest purchase of its kind in Microsoft's history.

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