Tieto and Greenbird enter into strategic agreement - providing joint offering for energy business

News

Tieto has entered into a strategic partnership agreement with Greenbird Integration Technology AS, a Norwegian system integrator developing the cloud based integration service Metercloud. The agreement enables for Greenbird to develop official and supported connectors in Metercloud for Tieto Smart Utility.

Tieto Smart Utility is a modular software as a service solution designed for energy retail, distribution and multi utility companies. The solution addresses the requirements stemming from present and forthcoming regulation of electricity markets. The scalable cloud service also meets stringent information security requirements by utilizing Tieto’s Nordic data centres. Metercloud as an advanced integration solution will add value for the customer in terms of interoperability, rapid integration and lower risk. Combining Tieto Smart Utility and Greenbird’s Metercloud, the joint solution is a SaaS (Software as a Service) bundled package that will enable out of the box support for common business processes within smart metering and smart grids.

The agreement will lead to increased cooperation with the aim to identify common business opportunities, test joint technical solutions, enhance the parties’ existing products as well as exchange mutual knowledge and experiences.

“Greenbird’s value proposition is highly complementary to that of Tieto, so this partnership have strong mutual gains. With our joint package, we are able to create added value for the customers by providing them two technologies that ease their operations. The solution is easily scalable so we are able to adjust the solution according to the needs of our customers.” says Carl Lidholm, Head of Strategy & Solution offering.

The automated end-to-end process aims to deliver value to both Tieto’s and Greenbird’s customers as the joint solution is able to trigger anomalies much faster when comparing to other products on the market. . Therefore, the customers can potentially gain large cost savings.

“The new partnership agreement with Tieto truly demonstrates the power of the ecosystem we are building for Metercloud. Our pre-integrated complementary offering is delivering innovation with shorter time to market, says Thorsten Heller, CEO at Greenbird.

The partnership with Greenbird also offers opportunities for Tieto to strengthen its position in Norway. Furthermore, Tieto and Greenbird share the ambition to expand their solutions on the European market.

For more information, please contact:

Carl Lidholm, Head of Strategy & Solution offering, Tieto, +46 72 224 7981, carl.lidholm@tieto.com
Thorsten Heller, CEO, Greenbird, +47 980 01 22, thorsten.heller@greenbird.com

About Tieto

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. www.tieto.com

About Greenbird

Greenbird is an European software and solutions company. Greenbird delivers IT advisory services and integration solutions enabling public and private organizations to unleash business potential. www.greenbird.com