TietoEVRY

Espoo, Finland Founded: 1968 • Age: 58 yrs
Provider of software, digital engineering, and IT services for various industries
Annual revenue $2.9B Latest available
Total funding - 5 rounds
Employees 22940 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About TietoEVRY

TietoEVRY is a company based in Espoo (Finland) founded in 1968. The company has 22,940 employees as of December 31, 2024. TietoEVRY has completed 11 acquisitions, including Alise Technic, Canvisa Consulting and EVRY. TietoEVRY offers products and services including Tietoevry Create, Tietoevry Banking, and Tietoevry Care. TietoEVRY operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Espoo, Finland
  • Employees 22940 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Business Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Tietoevry Oyj
Operational Areas
Business Services → Digital Transformation & IT Services Unlock Sub-Sector Unlock Segment
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.91 B (USD)
    -1.71
    as on Dec 31, 2024
  • Net Profit
    -$65.24 M (USD)
    -136.47
    as on Dec 31, 2024
  • EBITDA
    $445.38 M (USD)
    7.5
    as on Dec 31, 2024
  • Latest Funding Round
    $123.54 K (USD), Grant

    Sep 01, 2020

  • Investors
  • Employee Count
    22940

    as on Dec 31, 2024

  • Investments & Acquisitions
    Alise Technic

    & 10 more

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IPO & Listings of TietoEVRY

TietoEVRY is a publicly listed company on the OMXHEX with ticker symbol TIETO in Finland, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXHEX · Ticker: TIETO · Sector: Technology services · Finland

Products & Services of TietoEVRY

TietoEVRY offers a comprehensive portfolio of products and services, including Tietoevry Create, Tietoevry Banking, and Tietoevry Care.

Product name locked
Category locked
Primary

Offers design, data, and software engineering for digital acceleration.

Product name locked
Category locked
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Delivers banking-as-a-service and payment solutions for financial institutions.

Product name locked
Category locked
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Provides AI analytics for health and social care modernization.

People of TietoEVRY

Headcount 10000+
Employee Profiles 381
Board Members and Advisors 10
Employee Profiles
People
Stefan Fromgren
Head Of Business Development And Customer Success Management
People
Arnt-Henning Moberg
Head Of Data & Analytics | Platform Architect
People
Magnus Lundstedt
Business Area Manager - Microsoft Dynamics D365 - Sweden
People
Espen Svendsrud
Global Partner Manager

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Board Members and Advisors
people
Elisabetta Castiglioni
Board Member
people
Petter Söderström
Board Member
people
Bertil Carlsén
Board Member
people
Gustav Moss
Board Member

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Funding Insights of TietoEVRY

Investors in TietoEVRY

TietoEVRY has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for TietoEVRY

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  • Participation history

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Investments & Acquisitions by TietoEVRY

TietoEVRY has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Alise Technic, Canvisa Consulting and EVRY.

Investments
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Investment portfolio details for TietoEVRY

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Blog focusing on elderly care, privacy policy and other topics
Locked Locked 2014 Locked
Integrated asset modeling software for oil and gas is developed.
Locked Locked 2005 Locked
Business and IT development within financial services is specialized in.
Locked Locked 2002 Locked
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Complete acquisition details for TietoEVRY

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - TietoEVRY

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Detailed financials for TietoEVRY

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  • Profit trends
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Tietoevry Comparisons

TietoEVRY Primary company
Description
Provider of software, digital engineering, and IT services f...
Location
Espoo, Finland
Founded Year
1968
Annual Revenue
$2.91 B (USD)
Net Profit
-$65.24 M (USD)
EBITDA
$445.38 M (USD)
Employees
22,940
As of 2024
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Peer comparison for TietoEVRY

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Competitors of TietoEVRY

TietoEVRY operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of TietoEVRY

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  • Domains and locations
  • Full company profiles
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Latest news on Tietoevry

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Complete news archive for TietoEVRY

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Frequently Asked Questions about TietoEVRY

TietoEVRY was founded in 1968 and raised its 1st funding round 48 years after it was founded.

TietoEVRY is headquartered in Espoo, Finland.

Kimmo Alkio is the current CEO of TietoEVRY.

As of Dec 31, 2024, the latest employee count at TietoEVRY is 22,940.

Annual revenue of TietoEVRY is $2.91B as on Dec 31, 2024.

TietoEVRY was founded in 1968 and is based in Espoo, Finland. Software solutions, digital engineering, and IT services are supplied to sectors including banking, healthcare, public administration, pulp and paper, energy, and utilities. Offerings include banking-as-a-service platforms, healthcare modernization, enterprise IT upgrades, data and AI transformations, cloud infrastructure, and AI-driven applications for industry needs.

TietoEVRY's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

TietoEVRY offers Tietoevry Create, Tietoevry Banking, and Tietoevry Care.

Yes, TietoEVRY is publicly traded on OMXHEX under the ticker symbol TIETO.

TietoEVRY has made 11 acquisitions, including Alise Technic, Canvisa Consulting, and EVRY.

TietoEVRY has 1 investor. Key investors include European Union.

The ticker symbol of TietoEVRY is TIETO on OMXHEX.

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