Tietoevry Competitive Intelligence & Landscape

Tietoevry is dedicated to unlocking lasting impact by turning ideas into results and potential into progress for its customers [Source: https://tietoevry.com/].

The company specializes in cloud, data, and software, providing mission-critical solutions across various industries [Source: https://ar2024.tietoevry.com/siteassets/tietoevry_annual_report_2024.pdf], [Source: https://www.tietoevry.com/en/about-us/]. Its core services include AI and data solutions, software products, software development, cloud services, and design and consulting [Source: https://tietoevry.com/].

Tietoevry operates through specialized software businesses such as Tieto Caretech, Tieto Banktech, and Tieto Indtech, alongside its Tieto Tech Consulting business [Source: https://www.tietoevry.com/en/about-us/], [Source: https://www.tietoevry.com/en/investor-relations/investing-in-tietoEVRY/Our-businesses/].

Tietoevry's target market spans diverse sectors including automotive, energy, financial services, health, manufacturing, paper and fibre, public sector, and telecom [Source: https://tietoevry.com/]. The company’s services also encompass IT consulting for cloud solutions, data-driven business transformation, intelligent automation, user experience services, and cybersecurity [Source: https://www.tietoevry.com/en/services]. With its shares listed on NASDAQ Helsinki and Stockholm, and Oslo Børs, Tietoevry aims to be a leading European market player within its selected industries [Source: https://ar2024.tietoevry.com/siteassets/tietoevry_annual_report_2024.pdf], [Source: https://www.tietoevry.com/en/investor-relations/investing-in-tietoevry/].

Within the banking sector, Tietoevry provides a modular approach to its solutions, allowing clients to select components that align with their specific needs. This is evident in offerings such as their "Insurance-in-a-Box" toolkit, which enables businesses to bring insurance products to market by paying only for the chosen ready-made components, thereby increasing scale without requiring large upfront investment capital [www.tietoevry.com/en/banking/digital-insurance-and-wealth-ecosystems/insurance-in-a-box/]. Similarly, the WealthMapper platform for wealth management operates on a modular basis, allowing for accelerated growth and the delivery of new services by leveraging a powerful ecosystem of partners [www.tietoevry.com/en/banking/digital-insurance-and-wealth-ecosystems/wealth-management-ecosystem/]. This modularity suggests a flexible pricing model where costs are tied to the specific modules and services adopted by the client.

Tietoevry also offers its payment solutions as Software as a Service (SaaS), which inherently implies a subscription-based pricing model. This SaaS platform allows banks and financial institutions to innovate and scale more rapidly, adding new services or entire capabilities to existing payment systems with faster time-to-market [www.tietoevry.com/en/banking/transaction-banking/saas/]. Other key banking solutions include an API Banking solution for open APIs [www.tietoevry.com/en/banking/open-finance/open-banking-platform/], the Tietoevry Card Suite for comprehensive card and payment software [www.tietoevry.com/en/banking/transaction-banking/card-and-payment-software/], a composable Payment Hub [www.tietoevry.com/en/banking/transaction-banking/payment-hub/], and a modular Customer Risk Rating (CRR) service for financial crime prevention [www.tietoevry.com/en/banking/financial-crime-prevention/anti-money-laundering/customer-risk-rating-crr/]. While explicit pricing tiers (free vs. paid features) are not disclosed, the emphasis on customization, modularity, and managed services suggests that Tietoevry tailors its pricing to the unique requirements and scale of each client's implementation.

Recent hiring trends at Tietoevry indicate a particular demand for skilled individuals in areas such as Microsoft Azure Development and Power Platform Development, with specific roles advertised in Espoo, Finland [https://careers.tietoevry.com/job/microsoft-azure-developer-tietoevry-create-m-f-d-in-espoo-finland-jid-272]. Furthermore, the company is looking for Developers in Data & Analytics for its banking division in Bergen, Norway [https://careers.tietoevry.com/job/developer-data-and-analytics-tietoevry-banking-m-f-d-in-bergen-norway-jid-480]. These job openings reflect Tietoevry's commitment to enhancing its capabilities in critical, evolving technological landscapes and supporting specific industry verticals like financial services.

The widespread availability of job opportunities across countries like Finland, Norway, Sweden, Czech Republic, and India [https://careers.tietoevry.com/careers-at-tieto] underscores Tietoevry's global strategic objectives. The company's continuous recruitment efforts, with a significant number of roles in Software Architect and Software Developer positions [https://www.tietoevry.com/en/careers/search-our-jobs/?area=&city=&country=Finland&organization=&q=&role=SW+Architect%3BSW+Developer], suggest a robust growth strategy centered on innovation and digital transformation for its diverse client base. While no specific layoffs are reported in the provided information, the consistent and active hiring points towards a company focused on expansion and strengthening its workforce in key technology areas.

Tietoevry undertook significant M&A activity in 2025, announcing on March 23, 2025, an agreement to divest its Tietoevry Tech Services business to funds advised by Agilitas Private Equity LLP. This transaction was expected to close during the third quarter of 2025, and as a result, Tietoevry began presenting its Tech Services business as a discontinued operation from the first quarter of 2025, with comparative financial information restated accordingly [Source: https://www.tietoevry.com/en/newsroom/all-news-and-releases/stock-exchange-releases/25/04/tietoevrys-restated-financial-information-for-2024/]. This strategic move was part of a broader transformation execution, with cost optimization efforts progressing towards a 2026 target of EUR 115 million in run-rate savings, achieving EUR 75 million by the end of Q3 2025 [Source: https://www.tietoevry.com/en/newsroom/all-news-and-releases/stock-exchange-releases/25/10/tietoevrys-interim-report-32025-early-signs-of-margin-recovery-with-transformation-execution-ongoing/].

Throughout 2025, Tietoevry experienced varied financial results. The first half of 2025 saw continued soft market conditions with organic growth of -4% and a profitability of 9.4%, which included a 1.3 percentage point negative impact from IFRS 5-related temporary cost burden, alongside a non-cash impairment of EUR 80 million related to capitalized development costs, primarily for the Banking Platform in Norway [Source: https://www.tietoevry.com/en/newsroom/all-news-and-releases/stock-exchange-releases/25/07/tietoevrys-half-year-report-2025-challenging-quarter--actions-for-rapid-step-change-in-execution-and-performance-init/]. By Q3 2025, the company showed early signs of margin recovery, with organic growth at 4% (or -1% eliminating a court ruling effect in Tietoevry Banking) and an adjusted operating margin of 19.3% (or 15.2% eliminating the court ruling effect), indicating improved profitability across all businesses [Source: https://www.tietoevry.com/en/newsroom/all-news-and-releases/stock-exchange-releases/25/10/tietoevrys-interim-report-32025-early-signs-of-margin-recovery-with-transformation-execution-ongoing/]. The company updated its full-year 2025 outlook to an organic growth of -2% to 0% and adjusted EBITA of 12.7–13.3% [Source: https://www.tietoevry.com/en/newsroom/all-news-and-releases/stock-exchange-releases/25/09/inside-information-tietoevry-updates-its-full-year-outlook--organic-growth--2-to-0-previous--2-to-1-and-adjuste/].

In 2026, Tietoevry will have a significant presence at key healthcare industry events.

Tieto Caretech will be at HIMSS Europe 2026 from May 19-21 in Copenhagen, where discussions will center on the evolution of EHRs, actionable AI, and Europe's digital health future Tieto Caretech at HIMSS Europe 2026 | Future‑Ready EHR. Additionally, the company will showcase its Lifecare Clinical Suite at DMEA 2026 in Berlin from April 21-23, a customer event focused on AI and market insights Tieto's upcoming events. An AI & Market Insights event will also take place in Espoo, Finland, on April 23, 2026 Tieto's upcoming events.

Looking ahead to 2025, Tietoevry has a full schedule of engagements across various sectors. The Tietoevry Banking IRPC Customer Forum 2025 is set for May 21-23 in Riga, focusing on Instant, Retail Payments, and Cards Tietoevry Banking IRPC Customer Forum 2025. For payments professionals, the Payments User Group Conference 2025 will be held in Oslo, Norway, on December 3-4, offering keynotes and discussions on industry trends Tietoevry Payments User Group Conference 2025. The company will also host a Cash Management Customer Conference 2025 digitally on September 4, providing updates on solutions, roadmaps, and industry trends Cash Management Conference 2025.

In the realm of digital solutions, Tietoevry will present a webinar on Workday 2025R1 in March 2025, assisting users with new features in Workday Adaptive Planning, Financial, and Human Capital Management Webinar: Get Ready for Workday 2025R1. Another online webinar on August 28, 2025, titled "Accelerating Digital Commerce Success with world class product information," will address digital commerce strategies for B2B companies A Structured Approach to Digital Presence and Commerce. The healthcare sector will again be a focus with Tietoevry attending Vitalis 2025 in Gothenburg, Sweden, from May 19-22, discussing modernization of the European healthcare sector Meet us at Vitalis 2025. Furthermore, the Nova Customer Summit 2025 will take place in Gothenburg on October 7, offering insights into Tietoevry's modernization journey and SaaS offerings Nova Summit 2025 – Join us on our modernisation journey!. Investors can look forward to the Tietoevry Capital Markets Day 2025 in London on November 25 Tietoevry Capital Markets Day.