Defence Finance Monitor

Defence Finance Monitor

Tietoevry Oyj: Strengthening Europe’s Digital Sovereignty in Defense and Security

Aug 28, 2025
∙ Paid
Tietoevry's Interim Report 1/2025

Tietoevry Oyj is a Nordic technology company stepping onto the European defense stage with a unique profile. Founded in Finland over half a century ago, it has evolved from a banking IT unit into a publicly traded digital services powerhouse. Today, Tietoevry’s 24,000 experts span nearly 90 countries, delivering cloud, data and software solutions with a strong Nordic emphasis[1]. The company is not a traditional arms manufacturer or prime defense contractor; instead, it brings deep expertise in secure digital infrastructure, software engineering, and critical IT systems. This background positions Tietoevry as an intriguing player in Europe’s push for technological sovereignty and defense modernization. As European nations seek to reduce dependence on non-allied suppliers and strengthen their cyber resilience, Tietoevry’s heritage in secure networks and public-sector IT could prove strategically valuable. The company’s recent entry as a NATO-approved supplier underscores its ambitions to support collective security with homegrown tech expertise. Investors and policymakers alike are watching how this Finnish-born firm leverages its civil digital strengths to meet Europe’s defense and security needs – a crossover that could redefine what a “defense company” looks like in the era of cyber warfare and AI-driven operations.

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