Tieto expands its cooperation with S Group

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TIETO CORPORATION   PRESS RELEASE         09 September 2014 at 9.00 EET

Biggest Finnish retailer S Group has chosen Tieto to be one of its main partners for data centre and capacity services. The multiyear agreement holds a significant value. Tieto will provide S Group with standardized modern services using the benefits of Tieto’s latest cloud and hybrid solutions.

“Our target is to achieve new level in cost efficiency and flexibility by managing and producing the IT services in a new way. Tieto’s wide portfolio of services answered well to our needs. We found Tieto reliable and competitive during the bidding process,” says Marko Myllyniemi, CIO, SOK IT Services/Infrastructure.

“We are proud that S Group has chosen us to help them in their transformation. Tieto has a solid industry expertise from the retail sector and portfolio covering best-of-breed cloud solutions. Tieto and S Group have worked together since 1990s and we are happy to expand our cooperation further to infrastructure services and take the full responsibility as a partner. Our productized and standardized offering was a good match to S Group’s demands,” says Ari Järvelä, head of Manufacturing, Retail & Logistics at Tieto.

Tieto is the largest cloud service provider in the Nordic countries, and cloud business has been the fastest growing area in Tieto Managed Services this year. By 2020, around 80 percent of Managed Services is expected to derive from cloud. Tieto aims to provide the best available hybrid solutions for flexible enterprise use in its customers’ digitalization journey.

For further information, please contact:

Raimo Mäenpää, Group CIO, S Group, tel. +358 10 768 2260, raimo.maenpaa[at]sok.fi

Marko Myllyniemi, CIO, SOK IT Services/Infrastructure, S Group, tel. +358 10 768 2266, marko.myllyniemi[at]sok.fi

Ari Järvelä, EVP, Tieto, tel. +358 40 840 0915, ari.jarvela[at]tieto.com

Petteri Lahtinen, Customer Executive for S Group, Tieto, tel. +358505023075, petteri.lahtinen[at]tieto.com

TIETO CORPORATION

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Tieto is the largest Nordic IT services company providing full life-cycle services for both the private and public sectors and product development services in the field of communications and embedded technologies. The company has global presence through its product development business and global delivery centres. Tieto is committed to developing enterprises and society through IT by realizing new opportunities in customers’ business transformation. At Tieto, we believe in professional development and results.

Founded 1968, headquartered in Helsinki, Finland and with approximately 14 000 experts, the company operates in over 20 countries with net sales of approximately EUR 1.6 billion. Tieto’s shares are listed on NASDAQ OMX in Helsinki and Stockholm. Please visit www.tieto.com for more information.

S Group is a renowned Finnish cooperative retail company group. It consists of the SOK Corporation with its subsidiaries and 20 regional cooperatives and eight local cooperatives. Co-op members, who are both customers and owners, own the cooperatives, which in turn own the SOK central firm. S Group produces services for the grocery and consumer goods trade, the service station and fuel trade, the travel industry and hospitality business, the automotive and accessories trade and the agricultural trade. In addition, S-Bank offers banking services.

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