Tietoevry

Corporate brand

Finnish IT services company, later merged with EVRY to form Tietoevry. Tieto is a Finland-based software and technology consulting company serving customers with specialized software businesses and technology consulting. Nordic enterprise software and technology-services group formed in 2019 through the merger of Finland's Tieto and Norway's EVRY.

Last updated October 17, 2026

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Overview

Tieto was a leading Finnish IT services company providing software development and IT outsourcing. In 2019, it merged with Norway's Evry to form Tietoevry. Tietoevry is a Nordic enterprise software and technology-services group formed in 2019 through the merger of Finland's Tieto and Norway's EVRY. Tieto was a leading Finnish IT services company providing software development and IT outsourcing, tracing its origins to 1968. EVRY was created in 2010 from the combination of EDB Business Partner and ErgoGroup. The merged group, initially known as TietoEVRY and listed in Helsinki and Oslo, later adopted the shorter Tietoevry brand and focuses on industry software, cloud, data, cybersecurity, and managed technology services. Tieto Oyj, which presents itself as Tieto, is a software and technology consulting company. It describes its work as providing mission-critical solutions to customers across different industries. Its portfolio combines specialized software businesses with technology consulting, rather than focusing on a single industry or product category. The company identifies four principal businesses: Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting. Caretech develops technology for health and social care, including the Lifecare portfolio and systems for patients, clients and laboratories. Banktech provides banking software and services spanning banking platforms, cards, financial-crime prevention, lending and payments. Indtech focuses on segment-specific software for niche markets where data and operational complexity are important. Tech Consulting is the company's consulting business; the supplied company description identifies expertise in areas including software, design, cloud and AI. Tieto reports approximately 13,000 professionals, operations in more than 20 countries and 2025 revenue of EUR 1.8 billion. The company says its shares are traded on the NASDAQ exchanges in Helsinki and Stockholm. The available material does not identify a parent company, founder, founding year or headquarters, so those details are not stated here. Tieto presents its approach as customer-focused and oriented toward turning potential into impact. Its homepage highlights customer projects in public administration, health and social care, manufacturing, retail technology and other fields. The company's software information emphasizes robust engineering, security-by-design, AI-enabled delivery and solutions intended to be scalable and reliable, including for regulated environments. It also describes an integrated management system and references certifications for quality, environmental management, information security and privacy information management.

History

Tietoevry's history combines two major Nordic technology lineages. Tieto originated in Finland in 1968 as a data-processing and information-technology business. Over time it expanded from computing services into systems integration, consulting, software, and sector-specific solutions, becoming one of the most recognizable technology suppliers in Finland and developing a substantial presence elsewhere in the Nordic countries. Tieto was a leading Finnish IT services company providing software development and IT outsourcing. EVRY represented a parallel Norwegian and Nordic technology history. It was formed in 2010 through the merger of EDB Business Partner and ErgoGroup. Those predecessor businesses had supplied IT infrastructure, banking technology, consulting, and public- and private-sector systems. EVRY subsequently grew through additional combinations and acquisitions, building a broad regional services organization with particularly strong positions in Norway and Sweden. In 2019, Tieto and EVRY completed a merger designed to create a larger Nordic digital-services and software company. The combined group was initially known as TietoEVRY and was listed in Helsinki and Oslo. The transaction brought together Tieto's Finnish and international software and consulting activities with EVRY's Norwegian and Scandinavian customer base, infrastructure capabilities, and industry expertise. The stated rationale included greater scale, a stronger software portfolio, broader delivery capacity, and improved ability to support customers' digital transformation. After the merger, the company integrated operations and organized its activities around industry-oriented software and services as well as horizontal technology capabilities. Its customer base spans financial services, healthcare, public administration, education, telecommunications, manufacturing, energy, and retail. This structure reflects the company's business model: it combines recurring software revenue with consulting, systems implementation, managed services, and long-term outsourcing relationships. The group later adopted the shorter Tietoevry brand. Management has increasingly highlighted software, cloud, data, cybersecurity, and industry platforms as strategic growth areas. At the same time, it has sought to simplify the portfolio and improve profitability through business reviews, operational efficiency measures, and selected disposals or strategic changes. The company has also maintained a Nordic identity while using delivery and development resources in several other countries. Tietoevry's history illustrates the consolidation of the Nordic IT-services industry. It has evolved from national data-processing and infrastructure businesses into a listed enterprise technology group supporting digital services that are often operationally critical to customers. The company continues to operate under the Tietoevry name, with its principal activities centered on software, consulting, cloud, data, and managed technology services. The supplied company materials establish Tieto as an active software and technology consulting company, but do not provide its founding date, founders or a dated account of its early corporate history. Accordingly, this history focuses on the company structure and offerings described in the available sources, without inferring earlier events. Tieto describes its business as a combination of specialized software businesses and technology consulting. Its current organization names four areas: Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting. This structure brings together software aimed at particular industries and operational needs with a broader technology consulting business. The company says it serves customers in different industries with mission-critical solutions. The Caretech business centers on health and social care technology. The company's software overview describes patient and client systems, laboratory solutions and the Lifecare portfolio, which it says is intended to help care professionals deliver services and support patients. Banktech focuses on financial institutions. Its listed offerings include Banking as a Platform, card solutions, financial-crime prevention, lending and finance software, and payment capabilities. Indtech is described as serving niche markets where data is critical and complexity is high. Tieto also identifies Tech Consulting as one of its specialized businesses and describes its workforce as including software, design, cloud and AI experts. The materials present the company's product approach as emphasizing robust engineering, security-by-design and AI-enabled delivery. Tieto says its solutions are intended to be scalable and reliable, including in highly regulated environments. Its certification information describes a single integrated management system and lists ISO certifications associated with quality management, environmental management, information security and privacy information management. The company reports approximately 13,000 professionals, operations in more than 20 countries and 2025 revenue of EUR 1.8 billion. It states that its shares trade on the NASDAQ exchanges in Helsinki and Stockholm. The supplied materials do not establish a founder, founding year, headquarters, ticker or parent company. Its homepage also describes customer projects across public administration, health and social care, data management, e-commerce and other areas, illustrating the cross-industry nature of the services it presents. Tietoevry's business combines specialized software businesses with technology consulting. Its organization names four principal areas: Tietoevry Care, Tietoevry Banking, Tietoevry Create and Tietoevry Tech Services, alongside Tietoevry Industry. Care centers on health and social care technology, including patient and client systems, laboratory solutions and the Lifecare portfolio. Banking focuses on financial institutions, with offerings including Banking as a Platform, card solutions, financial-crime prevention, lending and finance software, and payment capabilities. Industry serves niche markets where data is critical and complexity is high. Create and Tech Services cover digital engineering, consulting, cloud, data, cybersecurity and managed infrastructure services. The company presents its product approach as emphasizing robust engineering, security-by-design and AI-enabled delivery, with solutions intended to be scalable and reliable, including in highly regulated environments. Its certification information describes a single integrated management system and lists ISO certifications associated with quality management, environmental management, information security and privacy information management.

2024
Swedish data-centre ransomware incident
[5]Tietoevry ransomware incident in Swedentietoevry.com
A ransomware attack disrupted selected customer services hosted at a Tietoevry data centre in Sweden and triggered an incident-response and recovery effort.
2020
TietoEVRY adopts the Tietoevry brand
[10]TietoEVRY adopts the Tietoevry brandtietoevry.com
The combined company begins using Tietoevry as its shorter corporate and market-facing brand.
2019
Tieto and EVRY complete their merger
[2]Tietoevry historytietoevry.com
The merger creates a larger Nordic software and technology-services group, initially operating under the TietoEVRY name.
2010
EVRY is created
[2]Tietoevry historytietoevry.com
EDB Business Partner and ErgoGroup combine to form EVRY, bringing together major Norwegian technology and IT-services operations.
1968
Tieto's predecessor is established
[2]Tietoevry historytietoevry.com
Tieto traces its corporate origins to the establishment of a Finnish data-processing and information-technology business.
Tieto reports revenue of EUR 1.8 billion
[7]About Tieto | Company Informationtieto.com
The company reports approximately 13,000 professionals, operations in more than 20 countries and 2025 revenue of EUR 1.8 billion.
Company describes four specialized businesses: Caretech, Banktech, Indtech and Tech Consulting
[7]About Tieto | Company Informationtieto.com
Tieto describes its organization as combining specialized software businesses with technology consulting across four principal areas.
Tieto states that its shares are traded on the NASDAQ exchanges in Helsinki and Stockholm
[7]About Tieto | Company Informationtieto.com
The company states that its shares trade on the NASDAQ exchanges in Helsinki and Stockholm.

Products and positioning

A Nordic enterprise software and technology-services partner focused on industry platforms, digital transformation, cloud, data, and mission-critical public- and private-sector systems. Leading IT services provider in the Nordic region. A leading software and technology consulting company offering mission-critical, industry-focused software and consulting, with an emphasis on customer impact, robust engineering, security and AI-enabled delivery. A Nordic enterprise software and technology-services partner focused on industry platforms, digital transformation, cloud, data, and mission-critical public- and private-sector systems, with an emphasis on customer impact, robust engineering, security and AI-enabled delivery.

Healthcare and social-care software
Tietoevry Care
A portfolio of software and digital solutions for healthcare, social care, and welfare organizations. Its capabilities support clinical and administrative workflows, social-care operations, information management, and interoperability. The offering is intended for public-sector and healthcare providers that need integrated systems for managing care processes and citizen services. It includes patient and client systems, laboratory solutions and the Lifecare portfolio for health and social care professionals.
Banking software
Tietoevry Banking
Industry software and technology services for banks and financial institutions. The portfolio addresses areas such as core banking, payments, lending, cards, digital channels, and financial data. It combines packaged software with implementation, modernization, integration, and managed-service capabilities for institutions operating in regulated markets. Offerings include Banking as a Platform, card solutions, financial-crime prevention, lending and finance software, and payment capabilities.
Digital engineering and consulting
Tietoevry Create
A digital engineering and consulting business focused on software development, product engineering, data and analytics, user experience, cloud-native development, and technology-enabled business change. It works with organizations that need to create or modernize digital products and customer-facing services.
IT infrastructure and managed services
Tietoevry Tech Services
Technology infrastructure, cloud, workplace, cybersecurity, application, and managed-service capabilities for enterprise and public-sector customers. The business supports the operation and transformation of customers' IT environments, including hybrid infrastructure and cloud-based services.
Industry software and services
Tietoevry Industry
Software and technology services aimed at selected industries, including telecommunications, energy, manufacturing, retail, and the public sector. Offerings vary by market and combine domain software, consulting, data, integration, and operational services. It serves niche markets where data is critical and complexity is high.
Tieto Caretech
Health and social care technology, including patient and client systems, Lifecare and laboratory solutions.
Tieto Banktech
Banking software and services, including Banking as a Platform, cards, financial-crime prevention, lending and payments.
Tieto Indtech
Segment-specific software for niche markets where data is critical and complexity is high.
Tieto Tech Consulting
The company's technology consulting business.
Health and social care software
Lifecare
A portfolio of software solutions for health and social care professionals, intended to help care professionals deliver services and support patients.

Brand decisions

2023
Portfolio focus on software and scalable technology businessesStrategy
Background
Tietoevry reviewed its business mix in a market where customers were increasing investment in cloud, data, cybersecurity, and industry-specific software.
Action taken
Management emphasized software, cloud, data, and focused technology-services businesses while pursuing operational and portfolio improvements.
Aftermath
The stated direction was intended to improve strategic concentration, scalability, and profitability.
Source
2020
Transition to the Tietoevry brandStrategy
Background
Following the Tieto-EVRY merger, the combined company sought a unified identity for its expanded Nordic organization.
Action taken
The company moved from the TietoEVRY name to the shorter Tietoevry brand.
Aftermath
The new identity became the principal corporate brand while the group continued operating its software and technology-services businesses.
Source
2019
Merger of Tieto and EVRYM&A
Background
Both companies operated in overlapping Nordic IT-services markets but had complementary geographic footprints, customer relationships, and software and infrastructure capabilities.
Action taken
Tieto and EVRY completed a combination that created the enlarged TietoEVRY group, listed in Helsinki and Oslo.
Aftermath
The merger expanded the group's Nordic scale and broadened its portfolio across software, consulting, infrastructure, cloud, and industry services.
Source

Recent events

2024
Ransomware attack disrupts services at Tietoevry data centre in Sweden[5]Tietoevry ransomware incident in Swedentietoevry.com
Other
A ransomware attack against a Tietoevry data centre in Sweden caused disruptions for some customers, including organizations using hosted systems. The company reported that it isolated affected infrastructure and worked with customers and authorities to restore services.
2023
Tietoevry announces strategic review of businesses and portfolio[4]Tietoevry investor relationstietoevry.com
Other
The company communicated a stronger focus on software and scalable technology businesses, together with portfolio actions intended to improve strategic concentration and performance.
2019
Tieto and Evry merge to create Tietoevry
M&A
Tieto 与挪威的 Evry 合并，形成北欧最大的IT服务公司之一 Tietoevry。

Sources12 sources

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