Tech industry is bigger than oil in Norway, new analysis shows
Published
A new analysis shows that the technology industry in Norway is larger than the oil industry. The story has been covered by digi.no, and several people have reacted to the findings. One of those commenting on the story says: "I was surprised".
According to the analysis, the technology industry accounts for around 117,000 direct jobs. Direct jobs refers to positions within the industry itself, for example at software companies, technology firms, and other businesses that develop and sell technology.
In addition come ripple effects in supply chains and in other parts of the economy. This means that many more jobs are indirectly dependent on the technology sector, for example in transport, services, and trade. Oil and gas have long been regarded as the most important industry in Norway, and therefore the result is surprising to many.
The analysis shows that technology plays a major role in the Norwegian economy. How developments unfold in the years ahead depends, among other things, on investment, competence, and labour. More information about the analysis can be found in the full article on digi.no.
Sources: digi.no
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