BIT was started by Carl Erik Fröberg in 1961. The name is an acronym for "Tidskrift för Informationsbehandling" read backwards. From the outset a wide area of computer science and technology was covered., but since 1992 the focus is on Numerical Mathematics.

Editors in chief
1961-1992 Carl Erik Fröberg
1993-2002 Åke Björck
2003 -        Axel Ruhe

BIT foundation, Lund, Sweden

Appointed by the Academies of (Engineering) sciences in the Nordic Countries for 3 year periods. The editor in chief is a member ex officio. The members 2010-2012 are

Olavi Nevanlinna, Aalto University, appointed by STA, Suomalainen Tiedakatemia, Finland, chairman
Jens Hugger, University of Copenhagen, appointed by ATV, Akademiet for de Tekniske Videnskaber, Denmark
Bo Kågström, Umeå University, appointed by IVA, Kungliga Ingenjörsvetenskapsakademien, Sweden
Tom Lyche, University of Oslo, appointed by DNVA, Det Norske Videnskaps-Akademi, Norway
Axel Ruhe, KTH, Stockholm, editor in chief

Aims and Scope
BIT publishes original research papers in the rapidly developing field of numerical analysis. The essential areas covered by BIT are development and analysis of numerical methods as well as the design and use of algorithms for scientific computing. Topics emphasized by BIT include numerical methods in approximation, linear algebra, and ordinary and partial differential equations, but BIT also publishes papers in areas such as numerical functional analysis and numerical optimization.