Creating value for life

In a rapidly changing world, where digitalisation plays a major role for business performance, every bit of information can be used to provide new and sustainable value. Tieto’s value creation is based on our strategic aim: to become our customers’ first choice for business renewal as the leading Nordic software and services company.

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Tieto’s operations create value for stakeholders

The main role of Tieto as a software and IT services company is to help our customers renew their business and IT through digitalization. Tieto’s role varies from advisory and the design of services to building and running systems and solutions. We look at the world from our customers’ perspectives and aim to offer the best services and solutions from our full portfolio. This enables our customers to focus on their core business and create value in their respective domains.

Through the high standards in customer focus, openness and innovation, sustainability and our Nordic approach towards people management, Tieto is able to increase customer value and accelerate innovation. Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong and sustainable value for people, business and society:

  • Through smart technology, digital and mobile services, Tieto enables better everyday life for millions of people.

  • Through optimizing business and IT, our customers can benefit from increased scalability and business continuity, while ensuring competitiveness and growth.

  • Through innovative solutions, Tieto helps create smarter cities, effective care and efficient digital government operations, creating value for the whole society.

In addition, Tieto is committed to creating shareholder value for its owners, as well as playing a significant role in society as an employer and taxpayer.

Towards integrated reporting

Tieto’s Annual Report aims to provide an overall picture of Tieto’s ability to create value.

In 2016, Tieto decided to take the first step towards using the International <IR> Framework as part of its annual reporting. The development towards integrated reporting commenced with a project examining the factors that affect value creation. Management views on value creation were gathered in a series of interviews. As a result of the process, Tieto’s first integrated Annual Report was published in March 2017.

Read more about how we created value in the section Highlights 2016.