Business Expanding Norwegian software development company OPEN IT NORGE AS establishes a Japanese subsidiary, starts full-scale operations

Sep 14, 2022

OPEN IT NORGE ASExternal site: a new window will open. is a software development company founded in Norway in 1999. Known globally as Open iT, the company has overseas offices in Europe (Norway and Germany), the US, Mexico, India, and the Philippines.

Establishment
2021/08
Destination
Tokyo

  • ICT
  • Norway

The IT asset management system developed by Open iT is a solution that meters, analyzes, and optimizes software, hardware, cloud, and SaaS usage. As digitalization continues to progress, the management of IT assets owned by companies and research institutions becomes increasingly complex; however, this can be simplified using the company’s system. By promoting the reduction of underutilized software licenses, it also helps reduce costs and improve business productivity.

Compared to its competitors, the company’s strength lies in its long history of reflecting customer needs in its products. Specializing in the management of engineering software licenses with the capability to also track business applications, their system can meter over 6000 applications and over 35 license managers. Open iT has customers from various industries such as automotive, electronics, aerospace, oil and gas, and government. The company provides products and services to several companies and organizations around the world, including Global Fortune 500 customers.

Until recently, the company has been operating in the Japanese market through distributors. However, with the goal of further strengthening its sales structure and expanding its support system, it established the Japanese subsidiary, Open iT Japan GK, on August 2021 in Tokyo. Subsequently, Mr. Koichi Ohashi was appointed as the Japanese subsidiary’s President, and six staff members were hired to create a structure that would enable the company to begin full-scale operations.

Upon the establishment of OPEN IT NORGE AS’ Japanese subsidiary, JETRO's Investment and Business Support Center (IBSC) provided consultation services by professional experts (registration, tax, labor), introduced service providers (registration and tax agent), and provided various information and support on human resources recruitment.

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