Tieto takes Varma to the cloud – contract for modernisation of operations management services
Tieto and Varma Mutual Pension Insurance Company have signed a contract for the delivery of operations management services. In addition to the traditional capacity, communication and network solutions, the five-year contract covers cloud services. The contract is an extension of the service contract signed in 2009.
The cooperation will guarantee Varma flexible possibilities to use cloud services with respect to both capacity and productivity services, as well as Paas solutions. With cloud computing, Varma is able to enjoy the best features of public and private clouds.
“The reliability of services is our top priority. Our goal is to offer the industry’s most affordable employee pension expenses, and that requires modernisation from us, including new, cost-effective solutions. Tieto provided us with the best overall package with respect to the operations, by offering a suitable combination of proven services and new, even more flexible solutions”, says Tiina Kurki, Chief Information Officer at Varma.
“We are proud of the confidence shown by Varma, and we are glad to have the privilege to further innovate the Finnish employee pension system in conjunction with Varma. Tieto is a service delivery pioneer in Finland’s pension sector and a leading supplier of cloud services in the Nordic countries”, says Christian Segersven, Vice President, responsible for Financial Services area in Tieto Finland.
Managed Services cloud business has been the fastest growing area in Tieto this year, 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 more information:
Christian Segersven, Vice President, Tieto, tel. 050 311 2486
Tiina Kurki, Chief Information Officer, Varma, tel. 040 550 6336
Tieto is the largest Nordic information technology services company that provides a full life cycle of IT services for both the private and the public sector, and product development services in the areas of communication technology and embedded systems. The company's product development, business operations and delivery centres operate around the world. Tieto is committed to developing companies and society with the help of information technology and its solid understanding of the sector and clientele, and to helping find new opportunities in their changing business activities. At Tieto, we believe in continuous development and in our business results.
Tieto was founded in 1968 and is headquartered in Helsinki. The company employs approximately 14,000 professionals in over 20 countries. The net sales of Tieto are approximately EUR 1.6 billion. The company shares are listed on the NASDAQ OMX in Helsinki and Stockholm. More information is available at www.tieto.fi.
Varma Mutual Pension Insurance Company is the largest earnings-related pension insurer and private investor in Finland. The company handles the earnings-related pension cover of some 860,000 employees in private sector. In 2013, Varma’s premium income was 4.3 billion Euros, and the company paid 4.8 billion Euros worth of pensions. At the end of June 2014 the value of Varma’s investments was 39.6 billion Euros. www.varma.fi
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