Fredrik Östbye is Group Vice President and Head of Digital Transformation at Grundfos, one of Denmarks leading coorporations specialized in waterpumps.
Prior to that he was the VP, Internet of Things, at the Telenor Group and earlier CEO at WaterVision AB.
Fredrik is an entrepreneur by heart who has built companies since he went to school. His first company installed solar panels on houses. The second one got acquired by a Kinnevik company in 2004, based on the prediction that all electricity meters will be connected. The third one got acquired by Telenor in 2013, based on the prediction that everything will be connected.
He gets his energy from doing business where all involved are winners and the results contribute to a more sustainable world. His deep technical knowledge in combination with a great sense of doing business repeatedly has resulted in successful concepts positioned in the market.
He is convinced that the world needs to switch to solar power as primary energy source and thanks to smart technology and innovative business models the evolution towards a more convenient lifestyle for everyone can continue without running out of natural resources.
Fredrik Östbye holds a Master of Science in Electrical Engineering from Chalmers University, Sweden.