TietoEVRY Strengths, Domain Expertise, and Key Differentiators
Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, businesses and society. They aim to be customers first choice for business renewal by combining their software and services capabilities with a strong drive for co-innovation and ecosystems.
Through the Tieto Emric leasing platform, your entire application and administrative process is automated, whether you are dealing with complex, structured financing or small-ticket, high-volume flows. The autonomous system can be tailored to a wide range of markets, languages and currencies, optimising your business while saving time and money.
TietoEVRY Recent Developments
TietoEVRY creates a digital advantage for businesses and society. TietoEVRY services company organized around 4 areas of activity technological and modernization services, industrial software integration, consulting and implementation services and design and development of telecommunications solutions.
In January 2019, Blue Prism, the provider of trusted and secure Robotic Process Automation (RPA) platform, and Tieto have established the partnership, to accelerate RPA deployments and realization of automation benefits for Nordic enterprises and public-sector organizations. For many companies, automation savings can be up to 30% of the cost of operations. The partnership strengthens both companies' capabilities to serve the Nordic market with automation solutions.
Tieto's full-stack service portfolio, strong industry process, and enterprise application expertise, combined with the powerful Blue Prism RPA platform, create unique competencies to accelerate companies' automation development and management robot lifecycles.
TietoEVRY Mergers and Acquisitions (M&A) Activities
In December 2019, Tieto and EVRY joined forces. The companies jointly create one of the most competitive digital services and software companies in the Nordics, and the transaction was considered highly complementary from a geographical, offering and customer perspective. With combined revenue of close to EUR 3 billion, leading digital consulting practices, competitive industry-specific software and scalable technology platforms, the company is well-positioned to create digital advantage for Nordic enterprises and society.
In November 2018, Tieto acquired Meridium AB, a Swedish company employing about 60 digital customer experience professionals. With the acquisition of Meridium AB, Tieto strengthens its presence in Sweden and enhances its capabilities to serve Nordic customers in developing ways to interact with their customers in the digital world.
Tieto Oyj Acquires Emric AB, a global provider of software solutions for origination and management of virtually any type of loan, mortgage, asset finance and lease.
TietoEVRY Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TietoEVRY applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of TietoEVRY and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Emric Leasing software customers.
Ownership: - HEL: TIETO
Number of Employees: 24000
Functional Markets: ERP Financial Management,
Key Verticals: Automotive, Banking and Financial Services, Communication, Consumer Packaged Goods, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Sciences, Manufacturing, Oil and Gas, Retail, Utilities,
TietoEVRY Key Enterprise and Cloud Applications
Emric Leasing software
TietoEVRY Revenues, $M:
|Type/Year||2018||2019||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
TietoEVRY Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
TietoEVRY Enterprise Applications Revenues By Functional Markets, $M:
TietoEVRY Enterprise Applications Revenues By Verticals, $M:
TietoEVRY Revenues By Region, $M
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TietoEVRY Direct vs Indirect sales
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TietoEVRY Customers - Breakdown by Geo, Size, Vertical and Product
No. of TietoEVRY Customers: 1000
No. of TietoEVRY Enterprise Applications Customers: x
No. of TietoEVRY Cloud Customers: x
No. of TietoEVRY Cloud Subscribers: x
TietoEVRY is serving thousands of enterprise and public sector customers in more than 90 countries. TietoEVRY software assets modernize core processes across the Financial services, Healthcare, Public services, Manufacturing and Energy sectors, while our advanced software R&D services digitalize our customer's products.
In December 2019, Tieto extends and broadens a strategic partnership with UPM, a leading biofore company.
In November 2019, The City of Tampere and Tieto deploy a pilot solution that uses AI and IoT technology to boost pedestrian traffic safety.
In September 2020, A new strategic partnership, Tieto supports Glaston in transforming its ICT environment to better serve current and future business needs.
In May 2019, Tieto signs an agreement with the City of Stockholm to deliver digital support for welfare and healthcare services with a contract until 2026. Next month, a pilot project between the Finnish Defence Forces, Suunto and Tieto enables conscripts and reservists to track their physical activity and wellbeing.
TietoEVRY Market Opportunities, M&A and Geo Expansions
TietoEVRY provides fit-for-purpose solutions for customers to increase their business agility, growth and innovation. Such as leading customer experience capabilities realizing end-to-end digital journeys, a larger community of data science and analytics experts enabling data driven innovation and growth, stable, scalable and secure multi-cloud services driving adoption of public cloud technologies while ensuring business continuity, quality and efficiency, active and increased investments into end-to-end automation covering business processes, applications and technology infrastructure accelerating speed and agility in customers’ operations, differentiating software assets modernizing core processes across Financial services, Healthcare, Public services, Manufacturing and Energy sectors and advanced software R&D services digitalizing customers’ products.
TietoEVRY Risks and Challenges
Tieto subsequently rebranded as TietoEVRY.
TietoEVRY Ecosystem, Partners, Resellers and SI
In March 2020, Tieto joins Almedalen in Sweden and SuomiAreena in Finland to drive societal discussions and awareness around digitalization and its role in the development of Nordic societies.
In February 2019, Tieto credit solutions and credit management giant Lowell will strengthen their relationship with the launch of a joint digital offering for the collections market. The new collaboration will aim to simplify the collections process while greatly advancing technology in areas such as benchmarking and analytics.
TietoEVRY Cloud Infrastructure Insights
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- TietoEVRY Public Cloud and Infrastructure (IaaS)
- TietoEVRY Platform (PaaS)
- TietoEVRY Application Delivery
- TietoEVRY Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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