Product Development Services

   
Headed by Tom Leskinen
Markets Global
Highlights of 2015 Focus on embedded telecommunications R&D and embedded software. PDS has chosen to seek growth in cloud based Telecom domains, such as SDN (Software Defined Networking) and NFV (Network Function Virtualization). Connected cars and traffic and Internet of Things (IoT) related domains becoming new segments for PDS as connectivity and networking technology needs are growing. Sales decreased due to an insourcing decision made by a key customer in 2014. Resources successfully adjusted to reflect the demand change. Several new customers won in the US and Europe.
Major new agreements In the areas of Cloud IT technologies, Network Function Virtualization (NFV) and 4G/LTE radio technologies.
Sales, MEUR 142
Share of Tieto's sales, % 10
Operating margin (EBIT)
excl. one-off items, %
10.3
Employees, 31 Dec 2015 1279
Business drivers Virtualization and software defined networking are bringing new companies to telecom sector and hence, new business opportunities open for R&D services companies providing for the industry, such as Tieto PDS, with new customers entering the space. This allows for new scalability as dependency on customer hardware is decreased. The increasing needs of standardised connectivity and networking capabilitites in IoT business increases the opportunitites for companies capable to combine world class radio technology development, networking technologies and embedded software.
Focus in 2016 Grow and build customer base in new growing business areas, especially in Software Defined Networking, Connected Traffic and IoT. Continued focus on operational efficiency.