IT IN LITHUANIA

LET’S TALK LITHUANIA.

January, 2017

Case Studies – Business Services Centers

Excellence Center

Let’s talk Lithuania

Functions: IT development, support & infrastructure

Languages: English, Danish, Finnish, Swedish, Norwegian

Headcount: 650

Est. in: 2015, Vilnius

Functions: IT and global HR services

Languages: English, French, German, Italian, Portuguese, Spanish

Headcount: 1,200

Est. in: 2009, Vilnius

Danske Group IT LithuaniaTechnology & HR Center

Shared Services Center

Functions: IT management and support , finance, accounting and

securities operations

Languages: English, French, German, Spanish, Russian

Headcount: 170

Est. in: 2015, Vilnius

Shared Services Center

Shared Services Center

Functions: Medical coding, patient research, practice management,

data analytics and IT

Languages: English

Headcount: 670

Est. in: 2014, Kaunas

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Functions: Accounts, lending operations, IT management, group

finance and HR operations

Languages: English, German, Swedish

Headcount: 660

Est. in: 2008, Vilnius

Functions: Finance, accounting, IT management & investment

banking support

Languages: English, Swedish, Estonian, Latvian

Headcount: 300

Est. in: 2016, Vilnius

Case Studies – Business Services Centers (Norway focus)

Business Processes Outsourcing

Let’s talk Lithuania

Shared Services Center

Business Processes Outsourcing

Functions: Finance & accounting

Languages: English, Norwegian

Headcount: 176

Est. in: 2005, Vilnius

Shared Services Center

Shared Services Center

Functions: IT development

Languages: English

Headcount: 248

Est. in: 2011, Vilnius

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Functions: Customer support, call center

Languages: All Scandinavian & Baltic, English, French, Russian,

German, Polish

Headcount: 100

Est. in: 2009, Kaunas

Functions: IT support, customer support, banking support

Languages: All Scandinavian, English, Dutch, German

Headcount: 31

Est. in: 2014, Vilnius

Functions: IT management, finance, accounting, asset

management, back and middle office services

Languages: Swedish, Norwegian

Headcount: 440

Est. in: 2007, Vilnius

Shared Services Center

Functions: Big data analysis, business intelligence, data warehouse

management, accounts payable and receivable

Languages: English, Swedish, Finnish, Norwegian

Headcount: 225

Est. in: 2014, Vilnius

Competence & talent

Information Technologies

Source 1: Ministry of Education and Science, 2016

Source 2: Statistics Lithuania, 2015

Student Pool

8,260 IT students at 11 universities and 15 colleges1

1,500 graduates in 20151

Experienced professionals

30,000 experienced IT professionals and 2,380 IT enterprises2

Near 100% English proficiency among young professionals2

0

5

10

15

20

25

30

35

2005 2006 2007 2008 2009 2010 2011 2012 2013 2015

NO. OF SSC/BPO WITH IT FUNCTIONS INLITHUANIA3

4

23%

20%

18%

14%

13%

12%

Computer Engineering

Informatics

Information Systems

Software Engineering

Other

Information Technologies

IT GRADUATES, 20151

22

Focus on IT education

Source: Ministry of Education and Science, 2016

50%

Increase in IT study

funding in 2016

43%

Increase in IT 1st

preferences in 2015

17%

Increase in IT student

pipeline over 2013-2015

Lithuania’s consistent focus on tech education provides continious results to further secure its

reputation as a highly attractive location for tech businesses.

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Competence & talent

Established critical infrastructure

support and R&D unit in 2015

Successfully attracted top

Lithuanian engineers

Planning to double the size of the

team to 60 developers by 2017

Develops complex web

applications for Wix App market

in Lithuania

Wix.Com engineering is

based on top-level talent

only

Currently has a team of 50

senior developers in Lithuania

Having begun as startup in

Lithuania in 2006, has now

grown to 450 employees.

Responsible for R&D, data

science & analytics, project

management.

Following the success of its

Vilnius team, expand their

operations in Kaunas in 2013

Let’s talk Lithuania

Lithuanian talent attracting top tech businesses

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Let’s talk Lithuania

Vibrant startup community

Mac App of the year

Third best-selling app

on App Store

Winner of Apple design

award

High-profile startup

offering a secondhand

marketplace

Secured $25 m from

Accel Partners and

Insight Venture

Partners

Highest-valued startup

in the Baltics

First mobile-only event

discovery and booking

app

Downloaded to over 15%

of smartphones in London

$36+ m in funding

Public transport app

designed to plan journeys

using real-time data

Uses scientific algorithms

and machine learning

$6.5 funding led by

Octopus Investments

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Lithuania:Wix.Comdevelopment unit

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Lithuania’s qualities

Fast, reliable and affordableIT infrastructure

Source 1: Rotten Wi-Fi tests, 2014

Source 2: European Commission, Digital Agenda for Europe, 2014

Source 3: Ookla Net Index, 2015 May

Fastest public Wi-Fi in the world1

Leading broadband speed in EU and worldwide

3rd in the EU for mobile penetration and 4th in the EU for

the share of fixed broadband lines >30Mbps2

Lithuania tops the USA, Sweden, Canada, Australia and

many others in terms of connection reliability3

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INVEST LITHUANIA

We are a government agency that provides free investment advice, contacts and data.

Let’s talk if you need someone to:

INFORM you on business costs, labour, tax & legal settings and other business areas

CONNECT you to partners and organize your business meetings in Lithuania.

FACILITATE the set up and launch of your company, access the government financial support and a range of training schemes.

SUPPORT your investment by lobbying for more business friendly laws and assisting in one-off problems.

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