Product Development Services

Headed by Antti Vasara
Markets Global
Highlights of 2014 Sales decreased due to some key customers’ continued insourcing. Focus on embedded telecommunications R&D and embedded software. Winning several new customers in the US and Asia. New strategy in implementation. Adjustment of resources to reflect demand change. Operational efficiency.
Major new agreements Won Samsung Electronics as a new customer in the networks business area. Moreover, other new customer wins in the semiconductor area and some new openings with existing customers in the mobile devices area.
Sales, MEUR  229
Share of Tieto's sales, %  15
Operating margin (EBIT) excl. one-off items, %  9.5
Employees, 31 Dec 2014  2 114
Business drivers Telecom R&D is going through a transformation and providing new business opportunities for R&D outsourcing companies. This allows opportunities for new outcome-based business models in addition to traditional time and material delivery.
Focus in 2015 Grow and build customer base globally. Enhance close cooperation with the existing customers. Continue operational efficiency.