TietoEVRY Oyj is a leading technology company focused on providing cutting-edge digital solutions and services to businesses and public sector organizations.
Business Segment
The company operates through five primary business segments Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services.
Tietoevry Create
The Tietoevry Create segment engages in accelerating digital innovation, focusing on cloud-native development, business advisory, design, data...
TietoEVRY Oyj is a leading technology company focused on providing cutting-edge digital solutions and services to businesses and public sector organizations.
Business Segment
The company operates through five primary business segments Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services.
Tietoevry Create
The Tietoevry Create segment engages in accelerating digital innovation, focusing on cloud-native development, business advisory, design, data engineering, and specialized software research and development services. It is a market leader in the Nordics and is expanding into international markets, leveraging competencies from various centers located in Europe, India, China, and the Americas.
Tietoevry Banking
The Tietoevry Banking segment specializes in providing digital banking solutions, including core banking systems and financial management applications. This segment aims to enhance customer experiences by streamlining banking operations through innovative technology solutions.
Tietoevry Care
The Tietoevry Care segment provides solutions tailored for the healthcare and social welfare sectors. It focuses on digitalization in healthcare, offering tools that enhance the efficiency and quality of care delivery.
Tietoevry Industry
The Tietoevry Industry segment focuses on developing technology solutions for various industrial sectors, enhancing operational efficiency, and contributing to Industry 4.0 initiatives. It provides a range of services, including software applications and data analytics.
Tietoevry Tech Services
The Tietoevry Tech Services segment, formed from the combination of Tietoevry Transform and Tietoevry Connect, focuses on managed services and IT transformations. It helps organizations modernize through the adoption of cloud technologies and data-driven decision-making.
Business Strategy
The company’s business strategy revolves around leveraging cloud computing and data technologies to drive customer priorities for agility, competitiveness, and security. It also seeks to become an indispensable partner in its clients’ digital journeys by offering innovative solutions that align with current business needs and future aspirations. Additionally, the company intends to capitalize on the growing demand for cloud-native solutions by amplifying its capabilities in cloud offerings, particularly in AI and data analytics. Collaborative opportunities with industry leaders are actively pursued to create best-in-class solutions. The strategic focus on user experience remains central as customers emphasize growing business opportunities through digital platforms.
Products and Services
The company offers a comprehensive suite of products, including digital services, cloud solutions, and industry-specific applications. These products are designed to meet the unique needs of its diverse clientele, providing tailored solutions that accelerate digital transformation efforts.
The services provided by Tietoevry include consulting, software development, IT management, and data analytics. The company specializes in delivering customized solutions that enhance business agility and operational efficiency, supporting clients in their digital transformation journeys.
Geographical Markets Served
The company primarily serves markets across the Nordics and is expanding its reach into global territories. Its strategic locations throughout Europe, Asia, and the Americas facilitate a broad service offering, enabling the company to attract and maintain a diverse client base. Its operational territories align with its strategy to drive growth and modernization efforts across industries worldwide.
Recent Acquisition
The company has pursued a strategic acquisition strategy, including the merger of Tietoevry Transform and Tietoevry Connect, which created Tietoevry Tech Services.
Seasonality
The company’s operations may exhibit seasonality due to variations in client demand based on fiscal year-end budgeting cycles and strategic planning periods. Specific sectors, like banking and government, may exhibit heightened demand during the concluding quarters of the fiscal year.
Customers
The company serves a broad spectrum of clients, ranging from public sector organizations to private enterprises across various industries, including financial institutions, healthcare providers, and manufacturing companies.
Sales and Marketing Channels
The company's marketing strategy leverages a mix of direct sales, partnerships, and digital marketing efforts. It also engages in targeted campaigns aimed at showcasing its expertise and success stories across different sectors. Its strong online presence, coupled with strategic partnerships, allows for a broader reach to potential clients, ensuring that the company remains visible in an increasingly competitive market.
Government Regulations
As a technology provider operating across various jurisdictions, company adheres to multiple regulatory frameworks relevant to data security, privacy, and technology deployment, ensuring compliance with current laws and regulations.
History
TietoEVRY Oyj was founded in 1968. It was incorporated in 1968. The company was formerly known as Tieto Oyj and changed its name to TietoEVRY Oyj in December 2019.