Geopolitical tensions
Could disrupt global markets and client investments.
- Materiality
- high
Gofore Oyj
Gofore is an international digital transformation consultancy based in Finland. The company specializes in providing digital services and consulting, focusing on building a functional, secure, and equitable digital society. With a workforce of nearly 1,500 experts across 18 offices in Finland, Germany, Austria, Estonia, and Spain, Gofore aims to be a leading European expert in digital transformation. The company is listed on Nasdaq Helsinki and reported a revenue of 186.2 million euros in 2024.
1.27
1.23
| % | |
|---|---|
| Digital Society | 58% Includes digital services for public sector, health, and safety industries. |
| Intelligent Industry | 42% Focuses on digital product development services for industrial companies. |
Gofore serves a diverse range of clients, primarily focusing on the public sector, health and social services, and...
- Public Sectorprimary
Digitalization solutions for government and public services.
- Health and Social Servicessecondary
Digital transformation services for healthcare and social sectors.
- Large Corporationsprimary
Digital product development for industrial and automotive sectors in DACH.
- Private Sectorsecondary
Digital transformation consulting for competitive advantage.
Gofore operates primarily in Finland and the DACH region, with a strong presence in Germany, Austria, and Switzerland...
- •Primary operations in Finland and DACH region
- •18 offices across Europe, including Germany, Austria, Estonia, and Spain
- •Finland contributes 89% of revenue, with 11% from other countries
- •Expansion in DACH region to support localized service delivery
Gofore's strategy focuses on growth through digital society and intelligent industry sectors...
01
Expand in DACH regionmedium-term
To increase market presence and serve local clients effectively.
02
Develop strategic partnershipslong-term
To create long-term value and trust with clients.
03
Enhance service offeringsshort-term
To stay competitive and meet evolving client needs.
Gofore faces several risks, including geopolitical tensions and economic fluctuations that could impact client...
Economic fluctuations
May reduce client budgets for digital services.
- Materiality
- medium
Fixed-price project risks
Increased potential for cost overruns.
- Materiality
- medium
Revenue recognition timing
high
Project cost estimation
medium
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: 11/08/2026