Tieto get renewed confidence from If

Tieto Corporation                  TRADE RELEASE                28 October 2014 at 9:00 EET

After ten years of collaboration, If Insurance has extended its IT infrastructure agreement with Tieto for the third time. The new contract runs for four years with an option for two more.

“The digitization means an increased demand for more personalized services that can be brought to the customers in a faster pace. We believe that Tieto is the right partner to help us improve and develop our business,” says Kjell Rune Tveita, CIO at If.

With the new agreement, If gets access to modern and cost-effective cloud services with a flexible pricing structure. The foundation of the new solution is the Tieto Productivity Cloud, which includes a Microsoft software suite for customer management, business intelligence, and Office. Delivery will be made via private, hybrid and central cloud solutions.

“Tieto’s IT and infrastructure delivery corresponds to the increasing need for digitalization, flexibility and agility needed to be able to keep up with the fast pace that the insurance industry requires. We are very proud to once again get If’s trust as a partner,” says Per Johanson, Head of Financial Services, Tieto.

For further information, please contact:

Per Johanson, Head of Financial Services, Tieto, tel. +46 768 2120 29, per.johanson[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.

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