Information for existing and potential investors

The shift to cloud native and data-driven technologies continues to be at the core of customers’ drive for agility, productivity and competitiveness. Cloud continues to be the foundation for business agility and data at the core of competitive products and operations. Demand for cloud native and data services, including Artificial Intelligence, is expected to remain high and to result in over 10% market growth in this area.

In our view, Generative AI (GenAI) will provide diverse opportunities for enhancing productivity and competitiveness both among its customers and in its own operations. It is expected to have profound impact both in driving productivity and bringing enhanced software products and services to customers. To accelerate implementation, we are actively working to discover and concretize the benefits of GenAI by running efficient use cases across industries together with customers and expanding its network of partners.

At the same time, customers’ focus will be on user experience, driving new business opportunities and growth. Customers continue to emphasize data sovereignty, security and business continuity as they adopt cloud technologies, with multi-cloud becoming a default. In the market with cautious customer spending, outsourcing demand with embedded transformation to cloud is expected to continue, resulting in volume decline of up to 10% over time in traditional services. Service providers will be affected by customer demands for price reductions, limiting their ability to increase prices and margins in the short term.

Cloud and data technologies form the foundation of driving customers’ priorities to be agile, competitive, innovative and secure. Technology services and the software industry evolve continuously to become cloud-native with a high emphasis on the transformation towards new scalable technologies and data-driven services including Artificial Intelligence-enabled solutions.

Specialization forms the cornerstone of the strategy, which became effective in January 2022, with the aim of adapting to current and future market drivers and to improve competitiveness and performance.Tietoevry operates as a group of four specialized end-to-end businesses across digital engineering and software. Tietoevry’s specialized businesses aim to be among the best in the industry and have full operational responsibility, including go-to-market, service portfolio, delivery capabilities, compensation models, investments and partnerships.

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Tietoevry to sell its Tech Services business – repositioning us as a leading software and digital engineering player globally

In March 2025, Tietoevry entered into an agreement to divest its Tietoevry Tech Services business. This transaction concludes the strategic review of the Tech Services business, which was originally announced on 30 November 2022, and accelerates Tietoevry’s transformation towards a leading international software and digital engineering company. Upon completion of the transaction, Tietoevry’s business portfolio will comprise software businesses Banking, Care and Industry along with the global digital engineering business Create.

The transaction is expected to be closed during the third quarter of 2025, subject to fulfilment of certain closing conditions, including, among others, the receipt of customary regulatory approvals. Tietoevry Tech Services will continue as part of Tietoevry Group until the closing of the transaction. Starting from its first-quarter 2025 reporting, Tietoevry will classify the operations that are part of the transaction as held for sale and will report them as discontinued operations.