Tieto launches new service to industrialise IT and speed up digitalization

Tieto today announced the launch of a new cloud service platform and way of deploying applications and services for end users. Tieto Enterprise Cloud Orchestrator (TECO) enables companies and organizations to significantly reduce the time needed to deploy new services while at the same time cutting costs by 20 per cent. The highly automated solution has been developed together with leading Nordic enterprises.

Tieto Enterprise Cloud Orchestrator automates end-to-end application lifecycle management and deployment of infrastructure and platforms that helps enterprises and organisations to industrialize their IT and transform their processes to digitalize and accelerate their business.  It gives companies the ability to innovate and deploy new digital products and services in a much faster and more agile way.

- As digitalization of society advances, we are witnessing a radical change in consumer behaviour and needs. Consumers expect new and innovative services faster and with great user experience, available at any time – on every device. TECO will change the way how enterprises will develop, run, and maintain applications. This will enable them to innovate faster, develop new services at less cost and optimize their business performance, says Ari Karppinen, Executive Vice President, Managed Services in Tieto.

Saving time and money - launching new services in minutes instead of months via self-service

The new service makes it possible to integrate legacy systems and cloud in an optimized way. Based on open, standard APIs (Application Programming Interfaces) TECO lets the customer make use of applications already available in the cloud ecosystem. Through a self-service portal the customer can order, control and follow their deployed business architectures in real-time, making new applications and updates available for end users in an instant.  Development processes that used to take weeks or even months can now be automated and executed in minutes.

Early TECO customer cases have shown a 40 percent level of improved process efficiency in development, and an average decrease of 20 percent in ICT costs due to increased automation. Tieto Enterprise Cloud Orchestrator has been developed in close dialogue with leading Nordic enterprises.

TECO is an addition to Tieto's growing portfolio of digitalisation and cloud services. Cloud business is the fastest growing area in Tieto, and by 2020, around 80 percent of Managed Services is expected to derive from cloud. Tieto is the largest cloud service provider in the Nordic countries.

For further information, please contact:

Ari Karppinen, Executive Vice President, Managed Services, Tieto
phone: +358 20 727 1137  , e-mail: ari.karppinen[at]tieto.com

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

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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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