Antire is the New Tech Star–Pioneering AI and IT Services for the Nordic Region
In a bold move to revolutionize the IT landscape, Antire has emerged as a new powerhouse in the Nordic region, aiming to become a leader in artificial intelligence (AI) solutions. The newly formed company results from a strategic merger between Right and Ratio Management, two Norwegian IT companies with deep expertise in cloud services, data analytics, AI, and ERP systems.
“The vision of transforming how businesses use technology is at the heart of this merger. “Our goal is to make technology easy to use so people can work smarter, be more productive, and unleash their full potential. Technology should serve people, not vice versa,” says Runar Vestrheim, CEO of Antire
A Merger Backed by Proven Success
Credo Partners, a prominent investment firm known for scaling mature, mid-sized companies, supports the fusion of Right and Ratio Management. Credo’s track record includes backing other successful mergers, such as the fusion of energy technology companies SYSCO and Cegal, which has seen double-digit growth since 2021, and the transformation of Microsoft partner Evidi, which grew from NOK 96 million to NOK 700 million in just two years.
Antire currently has nearly 60 employees in Norway and India, generating approximately NOK 80 million in annual revenue. With plans for multiple acquisitions across the Nordics and strong organic growth, the company aims to reach NOK 600 million in revenue by 2029.
One-stop shop for IT services
A key component of Antire’s strategy is its partnership with Oracle NetSuite, a leading cloud-based ERP system. According to Vestrheim, NetSuite is well-suited for mid-sized companies with complex operations, especially those with international ambitions. One of NetSuite’s standout features is its ability to automate business processes and share real-time data across multiple locations and subsidiaries.
“Mid-sized companies often face a complex landscape of multiple IT suppliers. They’re too small for the major IT providers to focus on, so they end up working with a range of different vendors. No one takes full responsibility, which leads to suboptimal IT solutions. That’s where we come in”
Antire’s mission is to offer a one-stop shop for IT services. The company aims to integrate the best cloud-based applications into a seamless architecture focused on AI, automation, and data analytics, providing businesses with a holistic and highly efficient IT ecosystem.
AI Driving Every Solution
While Oracle NetSuite is a cornerstone of Antire’s offerings, the company plans to expand its portfolio to include other critical business applications, such as CRM and HR solutions. The key criterion for all services and applications in Antire’s portfolio is that they must be “born in the cloud” and regarded as market leaders in their respective areas.
Furthermore, these applications will be integrated into a cohesive cloud architecture where automation, advanced analytics, and data insights are fundamental components. AI will permeate all aspects of Antire’s solutions, ensuring businesses keep pace with technological advances and stay ahead of the curve.
Our goal is to help our customers keep up with technology and empower them to lead in their industries. With AI, continuous innovation, agility, and a commercial mindset, we aim to transform businesses into industry leaders”
A Future Built on AI and Innovation
Antire already boasts an impressive client base, including some of Norway’s most prominent companies. The list includes industry leaders such as Solstad Offshore, Global Maritime, Strawberry, Otovo, StormGeo, Skatteetaten, Posten Bring, Telenor, and Höegh LNG.
As Antire continues to expand its capabilities and offerings, the company is set to become a dominant force in the Nordic IT landscape, driven by AI, cloud solutions, and a commitment to empowering businesses through technology.
Antire’s emergence marks the beginning of a new chapter for businesses in the Nordic region. By combining world-class technology with a people-first approach, the company is poised to lead the charge in AI and IT services, helping organizations harness the power of digital transformation to achieve their strategic goals.
With ambitious growth targets, a strong leadership team, and a focus on innovation, Antire is well-positioned to significantly impact industries. As businesses increasingly turn to AI and data-driven solutions to stay competitive, Antire’s end-to-end IT services will help them meet and exceed their potential.
Antire is not just a new player on the scene—it's a game-changer for businesses looking to unlock the full power of AI and digital transformation in today’s fast-evolving technological landscape.
Read what Computerworld Norway says about Norway’s new tech star here!
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