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Tieto - The company started its business operations in Espoo, Finland in 1968 under the name Tietotehdas Oy. During the first years, Tietotehdas operated mainly as a computer centre for its owners. IT systems were developed and maintained mainly for the Union Bank of Finland and its customers, and for a few forest industry companies.The customer base of the company broadened during the 1970s and midi-computers were introduced alongside the existing mainframe computers. Personal computers became common in the 1980s. The operations of Tietotehdas now consisted of mainframe computer services and software as well as development of IT systems. The customers represented multiple industries on the basis of which the companys operations were organized.

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