Strategic Intelligence Report
Generated July 29, 2026
Enterprise Software
TietoEVRY
Strategic importance is our editorial rating of how central this entity is to the technology landscape we track; confidence reflects how well-sourced and current the underlying evidence is.
0
Chokepoint Score
no direct dependencies recorded in the graph
Headquarters
Espoo, Finland
Website
Employees
20,000 (2026, approximate)
Founded
1968
Listing
TIETO · Nasdaq Helsinki
Market Cap
— (temporarily unavailable)
Market data as of Jul 19, 2026, 11:11 AM · Source: Yahoo Finance (delayed). Not investment advice.
Overview
TietoEVRY is a Nordic IT services and software development company providing digital transformation, consulting, and outsourcing services across the Nordic and Baltic region. Q1 2026 revenue declined 5% to EUR 448 million on legacy contract runoff, but adjusted EBITA margin expanded sharply to 14.7% from 10.6% as cost-cutting delivered EUR 105 million in run-rate savings toward a EUR 130 million 2026 target; the company targets over 5% annual revenue growth and 16%+ profitability by 2028, aided by a Microsoft AI partnership.
Strategic Connections
Competition / Other
- Sopra Steria Group: TietoEVRY competes with Sopra Steria and other major European IT services providers.
- Cloud Computing & Data Centers: TietoEVRY provides IT services and software development within the broader cloud computing and enterprise technology industry.
Strategic Risks
- Revenue concentrated in Nordic and Baltic markets limits geographic diversification relative to larger global IT services peers
Future Outlook
- Continued digital transformation demand across Nordic public and private sector clients
Sources
- Gartner Peer Insights (Mar 2026) — TietoEVRY vs Sopra Steria competitive comparison
- TietoEVRY corporate site (Jan 2026) — TietoEVRY corporate overview
- Investing.com (Apr 2026) — TietoEVRY Q1 2026 slides: profitability surges despite revenue decline
Generated by InsightNodes — Technology Intelligence Platform. This report reflects sourced, evidence-backed information as of the dates cited above and is not investment advice.
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