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Tietoevry renews strategic IT partnership with UPM for next gen application services driven by data and AI

Tietoevry and UPM announce the renewal of their strategic IT partnership, covering a comprehensive range of next gen application services. The collaboration agreement has been renewed for five years, with an option of a further one-year extension.By partnering with Tietoevry in IT, UPM benefits from assured business continuity, AI-driven innovation, increased productivity, cost optimization, comprehensive support and access to leading technologies. Under the renewed collaboration, Tietoevry will provide various services, including application management and development, automation and AI,

Tietoevry Corporation: Proposals of the Shareholders’ Nomination Board to the Annual General Meeting 2025

Tietoevry Corporation     STOCK EXCHANGE RELEASE     10 January 2025 13:00 EET The Shareholders’ Nomination Board proposes to the Annual General Meeting 2025 that the meeting would decide as follows: 1 Remuneration of the members of the Board of Directors The Shareholders’ Nomination Board proposes that the annual fees payable to the members of the Board of Directors elected by the Annual General Meeting be as follows: · EUR 140 200 to the Chairperson (2024: EUR 137 500, increase of approximately 2.0%), · EUR 75 000 to the Deputy Chairperson (2023: EUR 73 500, increase of

Holding of Silchester International Investors LLP in Tietoevry exceeds 15%

Tietoevry Corporation          STOCK EXCHANGE RELEASE          23 November 2024, 2:00 p.m. EET   Tietoevry Corporation has received an announcement pursuant to the Securities Market Act regarding a change in its shareholding. Silchester International Investors LLP has announced that its holding has increased to 17 845 007 shares, representing 15.04% of the total number of shares.   Silchester acts as investment manager for certain commingled funds (“Clients”). In acting for its Clients, Silchester is given full discretion over their investments and is empowered to vote on their

Tietoevry Care partners in Nordic hackathon for better coordinated healthcare and social care

Tietoevry Care, a leading software company in AI and data-driven health and social care, is taking part in a Nordic hackathon organized by Stockholm University, Karolinska Institute, and Health Data Sweden. The main hackathon event, scheduled for March 2025, aims to improve coordination and interoperability within healthcare systems for patients with multiple chronic conditions.The goal of the Hackathon is to create and test innovative solutions, models, and standards for interoperability in electronic healthcare records, EHRs. Additionally, it aims to agree on and implement a common

Generative AI helps to drive 23% increase in R&D productivity at Tietoevry Care

With the help of large language models, Tietoevry Care’s software engineers are speeding up the delivery of new features and functionalities that enable health and social care providers across the Nordics to work more efficiently.As a leader in AI and data-driven care software, Tietoevry Care places great emphasis on continuously improving its product development processes. The generative AI capabilities of Microsoft GitHub Copilot play a key role in achieving this.  Tietoevry Care’s developers use GitHub Copilot for code generation, optimization, localization and more. Tasks that used

Tietoevry Care and Helsinki University Hospital strengthen partnership in health data platform development

Leading European health data solutions being developed in Finland. Helsinki University Hospital (HUS) – the largest specialized healthcare provider in Finland - and Tietoevry Care – a leading provider of health and social care software - have agreed on a partnership to develop data and AI solutions. This strategic partnership started in 2016, and the value of the newly signed deal is 24 million euros.Agile data and AI development accelerates medical research in the HUS region in Finland and enables HUS to improve its operational efficiency as a leading health care service provider.

Tietoevry's Interim Report 3/2024: Improved profitability – growth impacted by weakening market

Tietoevry Corporation INTERIM REPORT   24 October 2024, 9:00 a.m. (EEST)   · Revenue decrease of 1% – growth impacted by the weakening market · Resilient profitability of 13.5% · Strategic review of Tietoevry Tech Services progressing – the company is in an exclusive process with a non-industrial buyer     The full interim report with tables is available at the end of this release.     7–9/2024 7–9/2023 1–9/2024 1–9/2023Revenue, EUR million  655.0  659.7  2 103.9  2 099.2     Organic growth1), %  -1  2  -1

Tietoevry’s financial calendar 2025

Tietoevry Corporation     STOCK EXCHANGE RELEASE     24 October 2024 9:00 a.m. EEST 14 Interim report 4/2024 and full year 2024 (9:00 a.m. EET)February 4  March Annual Report 2024, incl. Financial Statements, Report by the Board of Directors and Corporate Governance Statement for 202425 March Annual General Meeting   Tietoevry will publish three interim reports in 2025:   29 April Interim report 1/2025 (9:00 a.m. EEST)22 July Half-year report 2025 (9:00 a.m. EEST)23 October   Interim report 3/2025 (9:00 a.m. EEST)   For

Inside information: Tietoevry updates its full-year guidance – organic growth around -2% (previous 0-3%) and adj. EBITA 12.3-12.7% (previous 12.0-13.0%) – and provides preliminary key figures for Q3

Tietoevry Corporation               INSIDE INFORMATION             16 October 2024, 8:40 p.m. EEST   Tietoevry has continued to be impacted by the soft IT market, resulting in organic growth of -1% in the third quarter. Market demand weakened compared to the company’s expectations towards the end of the third quarter, and Tietoevry expects soft market conditions to continue for the rest of the year. Weaker demand impacts primarily Tietoevry Create and Tietoevry Tech Services. Certain markets for Tietoevry Care and Tietoevry Industry were also softening in the quarter. Consequently,

Tietoevry's third-quarter results on 24 October– invitation to a teleconference

Tietoevry Corporation          PRESS RELEASE         10 October 2024, 10.00 a.m. EEST   Tietoevry will publish its results for 1 January–30 September 2024 on Thursday 24 October 2024 at 9.00 a.m. EEST (8.00 a.m. CEST, 7.00 a.m. UK time).   A teleconference for analysts and media will be held at 10.00 a.m. EEST (9.00 a.m. CEST, 8.00 am UK time). Kimmo Alkio, President and CEO, and Tomi Hyryläinen, CFO, will present the results online in English. The presentation  can be followed on Tietoevry's website. 

Nordic Cyber Resilience Report 2024: Organizations investing more in cybersecurity as threats rise – further potential in collaboration

More than half (54%) of the respondents surveyed* across Finland, Norway and Sweden report that their organization has experienced at least one cyberattack in the past year that caused serious disruption. Nearly nine out of ten (87%) anticipate the number of attacks to further increase in the coming years, yet only 32% feel very confident in their organization’s ability to detect and respond to incidents.“While cyberattacks are seen to be increasing, only half of respondents signify their organization to have a clear plan for how to handle them. Organizations that have faced cybersecurity

Tietoevry: Ex-dividend

Tietoevry Corporation               STOCK EXCHANGE RELEASE               20 September 2024   8.00 a.m. EEST   The Annual General Meeting held on 13 March 2024 decided on a total dividend of EUR 1.47 per share to be paid in two instalments.   From today 20 September 2024, the shares in Tietoevry (Nasdaq Helsinki: TIETO, Nasdaq Stockholm: TIETOS, Oslo Børs: TIETO) will be traded excluding the right to the second dividend instalment of EUR 0.735 per share.   This information is subject to the disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading

Composition of Tietoevry’s Shareholders’ Nomination Board

Tietoevry Corporation     STOCK EXCHANGE RELEASE     9 September 2024 9:00 a.m. EEST The composition of the Shareholders’ Nomination Board for Tietoevry Corporation was determined based on holdings on 2 September 2024 in the Finnish, Norwegian and Swedish shareholders’ registers and received evidence.   Shareholders' Nomination Board comprises four members nominated by the largest shareholders and the Chairperson of the company’s Board of Directors. The shareholders who wished to participate in the work of the Shareholders’ Nomination Board nominated the following members:

Tietoevry appoints Endre Rangnes as Managing Director of Tietoevry Banking – he resigns from the Board of Directors upon the appointment

Tietoevry Corporation        STOCK EXCHANGE RELEASE        3 September 2024   10:00 a.m. EEST   Klaus Andersen, who has served as the CEO of Tietoevry Banking since February 2023, has concluded to pursue opportunities outside of Tietoevry. Following this, Endre Rangnes is appointed as the Managing Director of Tietoevry Banking effective today 3 September 2024. Endre Rangnes has been a long-term member of Tietoevry’s Board of Directors and he resigns from the Board member position upon this appointment.   Endre Rangnes brings with him over two decades of experience from the

Tietoevry transfers its shares in joint book-entry account to the company’s ownership

Tietoevry Corporation        STOCK EXCHANGE RELEASE        24 July 2024   10:00 a.m. EEST   On 13 March 2024, the Annual General Meeting of Tietoevry Corporation decided on the forfeiture of shares entered in the joint account of the company as well as of the rights attached to such shares. The forfeiture concerned shares whose transfer into the book-entry system had not been validly requested by 13 March 2024. Tietoevry received no requests for share transfers by the deadline.   The number of shares in the company’s joint account amounted to 10 560, corresponding to

Tietoevry's Interim Report 2/2024: Steady performance in a mixed market

Tietoevry Corporation HALF-YEAR REPORT      23 July 2024, 9.00 a.m. (EEST)   · Organic growth of 1% driven by software businesses · Improved profitability of 11% supported by Tietoevry Tech Services · Strong customer wins and order intake – book-to-bill 1.3 · Strategic review of Tietoevry Tech Services progressing – active sales process ongoing   The full interim report with tables is available at the end of this release.     4–6/2024 4–6/2023 1–6/2024 1–6/2023Revenue, EUR million  715.0  695.2  1 448.9  1 439.5

Tietoevry Care wins an openEHR-based platform procurement for a large Swedish University hospital

Tietoevry Care has won a prestigious procurement to implement an openEHR-based solution, the Lifecare Open Platform, at a large University hospital in Sweden. The new solution enables more efficient patient-centered care with less administration. The implementation marks an important step for care providers within the capital region that want to take ownership of and make available all clinical data.For big and small ideas in healthcare Based on open standards for electronic health records, openEHR, the Lifecare Open Platform complements existing healthcare systems by compiling

Tietoevry's second-quarter results on 23 July– invitation to a teleconference

Tietoevry Corporation          PRESS RELEASE          4 July 2024, 10.00 a.m. EEST   Tietoevry will publish its results for 1 January–30 June 2024 on Tuesday 23 June 2024 at 9.00 a.m. EEST (8.00 a.m. CEST, 7.00 a.m. UK time).   A teleconference for analysts and media will be held at 10.00 a.m. EEST (9.00 a.m. CEST, 8.00 am UK time). Kimmo Alkio, President and CEO, and Tomi Hyryläinen, CFO, will present the results online in English. The presentation  can be followed on Tietoevry's website.    To

Tietoevry Create renews its operating model for higher customer value – initiates actions to drive efficiency

Tietoevry Corporation          PRESS RELEASE          2 July 2024, 12.00 p.m. EEST   Tietoevry Create, one of Tietoevry‘s five specialized businesses, supports its global customer base with advanced digital engineering services, human-centered design, data, and AI capabilities. In recent years, the business has made substantial progress in its international expansion and scale of data, AI and cloud-native capabilities. The business has now defined a new operating model aiming to maximize customer centricity, services innovation, global scale and efficiency. This is a key step in

Inside Information: Strategic review of Tietoevry Tech Services progressing – active sales process ongoing, timeline extended

Tietoevry Corporation    INSIDE INFORMATION    1 July 2024   8:00 a.m. EEST   The strategic review of Tietoevry Tech Services is progressing with active sales process. Previously communicated timeline for conclusions in the second quarter of 2024 is now extended. The company will provide further updates by the third-quarter interim report on 24 October 2024.   For further information, please contact: Tomi Hyryläinen, Chief Financial Officer, tel. +358 50 555 0363, tomi.hyrylainen (at) tietoevry.comTietoevry Newsdesk, +358 40 5704072, news (at) tietoevry.com   Read

Tietoevry provides further context and clarity on the ransomware attack in Sweden

Tietoevry Corporation    PRESS RELEASE   31 May 2024 2:00 p.m. EEST On the night of January 19–20 one of Tietoevry’s data centers in Sweden was partially hit by a ransomware attack. Tietoevry sincerely regrets the challenges this criminal attack has caused to our customers, and to many entities and individuals as consequence. Tietoevry takes security highly seriously and has actively shared information on the attack, the restoration process and the company’s approach on cybersecurity during the past months. As there has recently been speculation and misinformation circulating in the

Tietoevry appoints Cosimo De Carlo as Managing Director, Tietoevry Create

Tietoevry Corporation    STOCK EXCHANGE RELEASE     13 May 2024   1:00 p.m. EEST Tietoevry Create, the digital engineering arm of Tietoevry, provides business advisory and design, data engineering and specialized software R&D services globally across a range of industry sectors. The business employs nearly 10 000 professionals worldwide. Cosimo De Carlo is appointed as Managing Director of Tietoevry Create effective 1 September 2024. Cosimo has over 20 years of experience in the engineering services industry, most recently starting from year 2018 as the CEO of EDAG Group, the largest

Obtained noteholder consents in respect of the EUR 300 million notes due 2025 not becoming effective due to the discontinuation of Tietoevry’s demerger process

Tietoevry Corporation  STOCK EXCHANGE RELEASE     25 April 2024   4:30 p.m. EEST Tietoevry announced on 21 March 2024 that it has received the required consents from the noteholders of its outstanding EUR 300 million senior unsecured notes due June 2025 in accordance with the terms and conditions set out in the notice of the noteholders' meeting dated 5 March 2024. Consents were solicited to enable the separation of Tietoevry's Banking business through a partial demerger. The obtained consents and waivers sanctioned by the noteholders in relation to the proposal and the payment of the

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