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TIETO

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TIETO - ICT showcase

Year Founded & Workforce

1968

13,083 Employees

Industry

ICT

Services

SS7
T

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TIETO Overview

Company Headquarters: Finland

Founded: 1968

Workforce: ~13,083

Company Working: Tieto is one of the leading Nordic software and services companies providing IT technology solutions and services to its end users. The company operates in following business segments—managed services, industry products & development services, and consulting & system integration. The company offers its services to large enterprises. The company offers its solutions and services for financial, healthcare, government, telecom, energy, oil, & gas, and manufacturing applications. The company has a presence in North America, Europe, and Asia-Pacific.

Strategy

Tieto focuses on organic growth strategy with the help of product transformation and innovation. The company has its R&D department which is focused on introducing new products as well improve the existing products to sustain in the market. The company aims at better customer outcomes, and revenue generation.

Company Snapshot

$59.74M

Revenue

13,083

Employees

1968

Founded

Finland

Headquarters

SWOT Analysis

Strengths

  • Strong market position
  • Global presence
  • Diversified portfolio

Weaknesses

  • Major focus on European markets

Opportunities

  • Launch of enhanced products

Threats

  • Exchange rate risk

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Product Offering

  • TIETO
    • SS7

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 59.7 Mn in 2016 to USD 187.2 Mn in 2018.
TIETO — By Business Segment
Series (USD Mn)201620172018
Revenue59.792.6187.2

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