Tieto moves Oracle databases to the cloud - first in the Nordics

Tieto today announced the launch of a new private cloud solution for business critical database environments. The highly automated solution enables faster deployment of new environments and reduces related costs with up to 50 percent. Tieto is the first provider in the Nordics to offer Oracle databases as a cloud service.

Tieto Dynamic Landscape for databases offers a cost efficient and agile way to run Oracle databases – one of the most used enterprise database systems in the world.  Through automation and standardization, organizations can significantly improve their performance and cost efficiency. Early customer cases have shown a reduction of up to 50 per cent in costs of managing Oracle-based database environments.

- This will change how large enterprises and organizations manage their data. The amount of data generated is growing day by day and to be able to manage and analyze it, you need to have environments that are scalable, reliable, and secure. The new cloud-based database solution will enable our customers to reduce complexity and costs while improving their agility and speed in responding to rapidly changing business demands, says Hanna Leino, Product Manager in Tieto.

Tieto Dynamic Landscape for databases is operated as a managed service from Tieto´s secure data centers in the Nordic countries. Based on a scalable pay-as-you-use model, customers only pay for real consumption. The solution also cuts storage costs by using data compression, thus reducing capacity need by on average 30 percent. In addition, license costs can be reduced with up to 50 percent by using a flexible license management model where in general less licenses are needed.

The solution is an addition to Tieto's growing portfolio of digitalization and cloud services. Cloud business has been 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.

Read more on our website: www.tieto.com/dynamiclandscape

For further information, please contact:

Hanna Leino, Product Manager, Tieto Managed Services
phone:  +358 406 745349, e-mail: hanna.leino [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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