In a recent study, “Business Costs in Iceland” published by KPMG International, Iceland showed good results in content development and advanced software operations. These operations are knowledge-intensive, with the majority of the workforce consisting of digital-graphics artists and employees with very high technical software design skills. Therefore, Iceland is a good option for companies such as Pixar and Dreamworks, and other digital animation production companies.The Lost Little Caterpillar, produced by Caoz, is an example of an Icelandic digital animated film.

The KPMG study is a comprehensive guide for comparing the relative costs of operating various types of business in cities in North America, Europe and Japan. For further information on the study see www.invest.is.