Tieto delivers major business system transformation based on Dynamics AX to Quant

Global leader in industrial maintenance services Quant, formerly ABB Full Service, has chosen Tieto as a modernization partner. Tieto is to deliver a comprehensive transformation of multiple business management systems into one integrated solution. The contract is worth 3 million euros.

Tieto will migrate and integrate sixteen of Quant’s Enterprise Resource Planning (ERP) systems into one consolidated solution based on Microsoft Dynamics AX. The new solution will support Quant users in 26 countries improving the safety, production and equipment performance for over 300 facilities around the world.

“We selected Tieto as we needed a committed and knowledgeable global system integration partner that could ensure our business processes were efficiently separated from our previous owner and rapidly deployed to a new, stable and consolidated solution,” says Roger Axelsson, CFO at Quant.

Work on the project has already started and Global roll-out start is scheduled for the second half of 2015. The project is scheduled for completion in the middle of 2016.

“We are very happy to support Quant in their large business system integration as well as their future growth in industrial maintenance business. Tieto has developed solutions for industrial services and we can also offer new elements for service business to enhance the possibilities of Internet of Things. In the digitalizing world of integrated systems and connected machines and devices IT plays vital part future success,” says Jaakko Tapanainen, head of manufacturing industry at Tieto.

Quant, formerly known as ABB Full Service, was acquired by the private equity fund Nordic Capital Fund VIII at the end of 2014. Due to the acquisition rules, Quant has been required to have its business processes transitioned from ABB’s SAP ERP system to the Microsoft Dynamics AX ERP solution by the end of 2016.

“This is an incredible stamp of approval for our Dynamics AX organisation in Sweden,” says Arne Thor, Sales Director at Tieto. “It also underscores our ability to deliver fast and reliable services with quality within an extremely tight time-frame.”

For further information, please contact:

Jaakko Tapanainen, VP Manufacturing, Tieto, jaakko.tapanainen[at]tieto.com, +358 40 543 6367

Arne Thor, Sales Director Tieto, arne.thor[at]tieto.com , +46 72 5454 015

Roger Axelsson, CFO, Quant, roger.axelsson[at]quantservice.com

TIETO CORPORATION

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Tieto is the largest IT services company in the Nordics providing full lifecycle IT services. We also provide global product development services for companies in the communications and embedded technologies arena. Through industry insight, technology vision, and innovative thinking, Tieto proactively strives to inspire and engage our customers in finding new ways of accelerating their business.

Building on a strong Nordic heritage, Tieto combines global capabilities with local presence. Headquartered in Helsinki, Finland, Tieto has over 13 000 experts in more than 20 countries. Turnover is approximately EUR 1.5 billion. Tieto’s shares are listed on NASDAQ in Helsinki and Stockholm. www.tieto.com

Quant is a global leader in industrial maintenance. For over 25 years, we have been realising the full potential of maintenance for our customers. From embedding superior safety practices and building a true maintenance culture, to optimising maintenance costs and improving plant performance, our people make the difference. Quant is headquartered in Stockholm and provides services to more than 300 facilities around the world.

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About Us

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. Headquartered in Finland, Tieto has over 13 000 experts in close to 20 countries. Tieto’s turnover is approximately EUR 1.5 billion and shares listed on NASDAQ in Helsinki and Stockholm. www.tieto.com

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