Tieto arranges Capital Market Day in Helsinki on 26 November
(Thomson Reuters ONE) - Tieto Corporation Press Release 26 November 2009 at 9.00 am EETTieto organizes its annual Capital Market Day for investors andanalysts today on 26 November in Helsinki, Finland starting at 9.30am EET. The aim of the event is to give the audience a comprehensiveview on the recent development of Tieto's businesses and to discussthe future plans.The presenters in the event are Hannu Syrjälä, President & CEO andmembers of Tieto's Leadership Team Eva Gidlöf (Tieto Sweden),Kavilesh Gupta (Global Service Lines), Per Johanson (FinancialServices), Ari Karppinen (Tieto Finland), Bengt Möller (Telecom &Media), Ari Vanhanen (Industry Group) and Pekka Viljakainen (TietoInternational).In his presentation, CEO Hannu Syrjälä will discuss the trends in theIT market, Tieto's performance during the past 12 months and plansfor 2010. Tieto is transforming itself from a vertically focusedcompany into an integrated business solution partner. Thistransformation started a year ago, and in the beginning of 2009, thecompany adopted a new operating and business structure that enhancescollaboration, utilization and efficiency throughout the company."Tieto's transformation has progressed in line with the originalplans despite the economic recession and drop in demand in the ITsector. The IT market seems to be gradually bottoming out, but atthis stage it is too early expect a fast rebound in demand. Ouroutsourcing pipeline looks promising, and customers are graduallyturning their focus from pure cost savings to business developmentand innovation. However, it takes some time until this is seen on ourtop-line," says Hannu Syrjälä."In Tieto, we are working hard to help drive our customers' growthand efficiency initiatives. We continuously develop our offeringportfolio and invest in new service innovations. Customers areincreasingly buying IT as a service. In the future, much more focusis put on service models in which customers are billed on a pay asyou go basis," continues Syrjälä.Tieto's service lines are responsible for providing services toTieto's other business dimensions and ensuring efficient deliveriesglobally. The development in Tieto's global delivery model will bediscussed in Kavilesh Gupta's presentation. The company has increasedits offshore resources and will be at or close to the offshore targetof 30% by the end of this year. In his presentation, Gupta alsodescribes the quality improvements Tieto has made this year. Thanksto these improvements, the company has reached the leading positionin customer satisfaction in providing application management servicesin the Nordic countries.The full programme of the Capital Market Day is available on Tieto'swebsite. The event can also be followed live through a webcast. Allpresentations will be posted on the website during 26 November.For further information, please contact:Reeta Kaukiainen, Communications and Investor Relations, tel. +3582072 68711 or +358 50 522 0924, reeta.kaukiainen(at)tieto.comTIETO CORPORATIONDISTRIBUTIONPrincipal mediaTieto is an IT service company providing IT, R&D and consultingservices. With approximately 16 000 experts, we are among the leadingIT service companies in Northern Europe and the global leader inselected segments. We specialize in areas where we have the deepestunderstanding of our customers' businesses and needs. Our superiorcustomer centricity and Nordic expertise set us apart from ourcompetitors.www.tieto.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 26.11.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 8864
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 301 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Tieto arranges Capital Market Day in Helsinki on 26 November"
steht unter der journalistisch-redaktionellen Verantwortung von
Tieto Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
