TietoEVRY Overview

  • Year Founded
  • 1968

Year Founded

  • Status
  • Public

  • Employees
  • 24,159

Employees

  • Stock Symbol
  • TIETO

Stock Symbol

  • Investments
  • 106

  • Share Price
  • $20.58
  • (As of Friday Closing)

TietoEVRY General Information

Description

TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public sector customers in more than 90 countries. Tietoevry Group is comprised of five operating segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The maximum revenue is derived from the Tietoevry Tech Services segment. Tietoevry Tech Services is a Nordic multi-cloud platform provider with a full range of infrastructure choices at scale - aiming to ensure resilience, security, and compliance for customers' business. Its business comprises application and data services, cloud platforms and security services, traditional Infrastructure services, and user experience services.

Contact Information

Formerly Known As
Tietotehdas, TietoEnator, Tieto
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
IT Consulting and Outsourcing
Other Industries
Systems and Information Management
BPO/Outsource Services
Stock Exchange
HEL
Corporate Office
  • Keilalahdentie 2-4
  • PO Box 2
  • 02101 Espoo
  • Finland
+358 020 00000

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TietoEVRY Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$20.58 $20.76 $20.25 - $33.58 $2.44B 118M 234K $1.57

TietoEVRY Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 3,860,274 3,860,274 4,038,843 4,514,075
Revenue 3,085,430 3,085,430 3,078,613 3,338,102
EBITDA 440,838 440,838 446,110 653,456
Net Income 186,333 186,333 198,295 344,758
Total Assets 3,889,239 3,889,239 3,639,503 4,061,502
Total Debt 1,285,691 1,285,691 1,029,502 1,097,801
Public Fundamental Data provided by Morningstar, Inc. disclaimer

TietoEVRY Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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TietoEVRY Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public se
IT Consulting and Outsourcing
Espoo, Finland
24,159 As of 2023
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00 0000000000 000 00
Noida, India
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00 0000000000 000 00
Teaneck, NJ
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TietoEVRY Competitors (62)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
HCL Technologies Corporation Noida, India 000000 00000 000000000 00 00000
Cognizant Technology Solutions Corporation Teaneck, NJ 000000 00.000 000000 - 000 00.000
Mphasis Private Equity-Backed Bangalore, India 00000 000.00 0000000000
Capgemini Corporation Paris, France 000000 00000000
Bechtle Formerly PE-Backed Neckarsulm, Germany 00000 00000 00000000000 00000
You’re viewing 5 of 62 competitors. Get the full list »

TietoEVRY Patents

TietoEVRY Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20170005888-A1 Network element monitoring Inactive 30-Jun-2015 000000000 0
EP-3113024-A1 Network element monitoring Inactive 30-Jun-2015 00000000000 0
US-20160219101-A1 Migrating an application providing latency critical service Inactive 23-Jan-2015 00000000000 0
EP-3048843-A1 Migrating an application providing latency critical service Inactive 23-Jan-2015 000000000 0
US-20160173392-A1 Service chain management Inactive 15-Dec-2014 H04L47/2475 0
To view TietoEVRY’s complete patent history, request access »

TietoEVRY Executive Team (73)

Name Title Board Seat Contact Info
Kimmo Alkio Chief Executive Officer & President
Minna Smedsten Chief Financial Officer
Tomi Hyryläinen Chief Financial Officer
Satu Kiiskinen Managing Director, Tech Services
Ahmad Qureshi Chief Information Security Officer
You’re viewing 5 of 73 executive team members. Get the full list »

TietoEVRY Board Members (18)

Name Representing Role Since
000000 00000000 TietoEVRY Board Member 000 0000
00000 0000000 Self Board Member 000 0000
000000 0000 TietoEVRY Board Member 000 0000
00000-00000 000000 TietoEVRY Deputy Chairman & Board Member 000 0000
000000000 0000000 TietoEVRY Board Member 000 0000
You’re viewing 5 of 18 board members. Get the full list »

TietoEVRY Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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TietoEVRY Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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TietoEVRY Investments & Acquisitions (106)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
MentorMate 21-Jul-2023 0000000000 00000 IT Consulting and Outsourcing 00000 000
Tieto EVRY 05-Dec-2019 0000000000 00.000 Systems and Information Management 00000 000
Quantfol.io 03-May-2019 00000 0000 Financial Software
Meridium (Sweden) 05-Nov-2018 0000000000 IT Consulting and Outsourcing 000000 00
Eyeonid Group (EyeOnID products) 21-Sep-2018 Corporate Asset Purchase Buildings and Property
You’re viewing 5 of 106 investments and acquisitions. Get the full list »

TietoEVRY Subsidiaries (4)

Company Name Industry Location Founded
MentorMate IT Consulting and Outsourcing Minneapolis, MN 2001
Avega Group IT Consulting and Outsourcing Stockholm, Sweden 0000
Sykora Data Center Business/Productivity Software Ostrava, Czech Republic 0000
Yleisradio Broadcasting, Radio and Television Yleisradio, Finland 0000
To view TietoEVRY’s complete subsidiaries history, request access »

TietoEVRY ESG

Risk Overview

Risk Rating

Updated August, 05, 2023

14.47 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,173

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,101

Rank

0.00

Percentile

IT Consulting

Subindustry

00 of 250

Rank

0.00

Percentile

To view TietoEVRY’s complete esg history, request access »

TietoEVRY Exits (10)

Company Name Exit Date Exit Type Exit Size Status Buyers
EVRY Jydacom 31-May-2011 000000000000000000 Completed
  • 000000000
TOPAS Consulting 01-Oct-2006 0000000000 00.00 Completed
  • 2 buyers
TietoSaab Systems 02-Nov-2005 00000 0000000 Completed
  • 2 buyers
Ab Axiell Kirjastot 01-Jan-2005 00000 0000000 Completed
  • 2 buyers
Inveos 31-Dec-2003 Merger/Acquisition Completed
You’re viewing 5 of 10 exits. Get the full list »

TietoEVRY FAQs

  • When was TietoEVRY founded?

    TietoEVRY was founded in 1968.

  • Who is the CEO of TietoEVRY?

    Kimmo Alkio is the CEO of TietoEVRY.

  • Where is TietoEVRY headquartered?

    TietoEVRY is headquartered in Espoo, Finland.

  • What is the size of TietoEVRY?

    TietoEVRY has 24,159 total employees.

  • What industry is TietoEVRY in?

    TietoEVRY’s primary industry is IT Consulting and Outsourcing.

  • Is TietoEVRY a private or public company?

    TietoEVRY is a Public company.

  • What is TietoEVRY’s stock symbol?

    The ticker symbol for TietoEVRY is TIETO.

  • What is the current stock price of TietoEVRY?

    As of 12-Apr-2024 the stock price of TietoEVRY is $20.58.

  • What is the current market cap of TietoEVRY?

    The current market capitalization of TietoEVRY is $2.44B.

  • What is TietoEVRY’s current revenue?

    The trailing twelve month revenue for TietoEVRY is $3.09B.

  • Who are TietoEVRY’s competitors?

    HCL Technologies, Cognizant Technology Solutions, Mphasis, Capgemini, and Bechtle are some of the 62 competitors of TietoEVRY.

  • What is TietoEVRY’s annual earnings per share (EPS)?

    TietoEVRY’s EPS for 12 months was $1.57.

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