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Fortum Sweden has chosen Tieto Smart Utility as their future Customer Information System

19 October 2016

The energy company Fortum has chosen Tieto’s Customer Information System called Tieto Smart Utility to support Fortum’s Swedish operations. The Tieto Software as a service (SaaS) solution optimises the company’s core business activities in billing, customer service and sales. The new system will serve approximately 1.5 million customers in total.

Tieto Smart Utility helps energy companies to increase efficiency and reduce costs, by automating and standardizing business processes. The regulatory evergreen solution will ensure a smooth transition at known cost for Fortum into the future Swedish service hub. Thanks to the new services, Fortum Business Services can continue to offer state of the art digital customer service and invoicing solutions for its clients; the electricity retail company Fortum Markets, the electricity distribution company Ellevio and the gas companies Stockholm Gas and Gasnätet i Stockholm, with all in all 1,5 million customers. The solution supports multi-channel digital services independent of time, place and device to the energy consumers.

– The electricity industry is undergoing massive change at present. To deliver on its mission of being a forerunner in clean energy, Fortum is investing heavily into improving customer experience and developing new offerings for our customers. Speed and agility are key to staying ahead of the competition in this challenging market. The implementation of Tieto Smart Utility will help us serve our customers better and reduce time to market for new offerings, says Peter Strannegård, Head of Fortum Business Services.

The cloud services designed for Nordic energy retail, distribution and multi-utility companies adapt continuously to the industry’s changing needs. They fulfil strict data security requirements and comply with current and future regulatory requirements of the energy markets.

– The tightening competition requires investments in business models of the future from companies, and the development of customer service experience is one of the key factors. We are happy to be able to deepen collaboration with Fortum Sweden and offer them entirely new kinds of competitive advantages that enable them to increase their ability to serve their customers even better and with more efficiency, says Olof Ferenius, Head of Energy Utilities, Tieto.

For more information, please contact

Olof Ferenius, Head of Energy Utilities, Tieto
Tel: +46 706 616 791, email: olof.ferenius@tieto.com

 Peter Strannegård, Head of Fortum Business Services
Tel: +46 702 88 66 04, email: peter.strannegard@fortum.com

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

Fortum's vision is to be the forerunner in clean energy. We provide our customers with electricity, heat and cooling as well as other energy solutions that improve present and future life. Already 64% of our electricity generation is CO2 free. Our main markets are the Nordic and the Baltic countries, Russia, Poland and India. In 2015, we employed some 8,000 energy sector professionals, and our sales were EUR 3.5 billion. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

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