TietoEVRY Oyj (TIETOS.ST)
TietoEVRY Oyj operates in the Information Technology Services industry of the Technology sector, headquartered in Espoo, UU, FI. The stock last traded at $208.60, up 0.38% on the session, giving a market capitalisation of $23.42B. Its beta of 0.72 implies it has historically moved less than the broad market.
TietoEVRY Oyj, a leading technology company established in 1968 and headquartered in Espoo, Finland, delivers a comprehensive suite of software and digital services. The firm, which rebranded from Tieto Oyj in December 2019, structures its operations across six primary segments. Its Digital Consulting division provides strategic advice on business and technology, alongside system integration and ongoing application management. The Cloud & Infra segment offers automated solutions, including managed cloud services, robust security, and end-user support, augmented by expert guidance on cloud migration and transformation. The Industry Software segment develops specialized software products tailored for mission-critical processes within the public, healthcare, welfare, forestry, energy, and oil and gas sectors. For financial institutions, the Financial Services Solutions segment delivers real-time systems for payments, card processing, wealth management, and credit, in addition to business process outsourcing (BPO). The International Operations segment oversees the company's global business activities. Lastly, the Product Development Services segment concentrates on software research and development (R&D), with a significant focus on the telecommunications industry and expansion into new areas such as automotive, serving companies in communications infrastructure, consumer electronics, semiconductors, and the automotive sector. TietoEVRY maintains a substantial operational presence in Finland, Sweden, Norway, Austria, the Baltic countries, and Russia, alongside broader international markets.
TietoEVRY Oyj is most often compared with the following Technology names: