February 6, 2017

Tieto's year of increased investments ends with solid performance

Kimmo Alkio

President & CEO , Tieto

For Tieto, 2016 was a year of renewing our strategy and further increasing investments into innovation and growth.

As we end the year, I am very pleased to be back to growth and to have ended the year with solid performance also in terms of order intake and profitability.

As the opportunities for bringing value to society and our customers, business and employees in a digitalizing world keep on increasing, our drive for continuous renewal and expansion is constantly growing as well, with even more focus on our customer experience even more, and our eyes on innovation and growth.

The IT software and services industry is continuing to undergo significant change globally. With a strong growth and innovation agenda, we continue to increase our investments into future competencies, technologies and services, such as our software products, start-ups and new data-driven businesses. In parallel, we are constantly improving our productivity and competitiveness by continuing to step up automation and standardization.

In this rapidly changing world, the required skills and competences are evolving fast for all organizations. At Tieto, we encourage our employees to pursue personal development and also highlight the topic of lifelong learning and future of work as part of our celebration of and contribution to Finland turning 100 years in 2017. As an example, we have recently launched a “Learning as a Lifestyle” initiative to actively support our employees in acquiring new skills that fit the market demands, such as Advanced Analytics, Design Thinking and DevOps for agile development.

With all this in mind, we are looking forward to another exciting year. I look forward to continuing the renewal of our customers’ business and stepping up Tieto’s growth and innovation agenda even further together with our constantly expanding ecosystem of partners, customers, employees and other stakeholders across the globe. Let’s all join forces and make 2017 a year of many joint successes! 

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