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    Business description

    Solteq is a Nordic provider of IT services and software solutions specializing in the digitalization of business and industry-specific software. The key sectors in which the company has long-term experience include retail, industry, energy and services. In addition to Finland, the company operates in Sweden, Norway, Denmark, Poland and the UK.


    We offer comprehensive services, which cover all aspects of our customers' operations from digital business development and service design to implementation and maintenance. A large portion of our revenue streams come from continuous services. SaaS and cloud services are crucial forms of our operations.

    Our service offering is characterised by the combination of extensive experience and deep customer and industry insight. We want to make everyday digital services as easy and convenient to use as possible.


    We strengthen our customers’ competitive edge and decision-making through extensive analysis and utilisation of real-time data. The acquisitions have also expanded our operating environment and made us a truly Nordic player.

    Nordic IT market outlook within the key industries for Solteq

    Solteq develops software solutions and expert services to meet the evolving needs of the energy and water utility sectors, as well as the retail industry and e-commerce. The company’s reportable business segments are Utilities and Retail & Commerce. These business areas are united by the rapid pace of digitalization and the need for efficient and intelligent core functions.


    The market outlook for the Retail & Commerce segment is tough: the global economy introduces uncertainties, customer needs are evolving, and customer demand is therefore expected to remain cautious. Companies operating in the IT sector must continuously renew their capabilities to remain competitive and to meet current and future market needs.

    The Utilities segment’s outlook is moderate: while customer market consolidation is reducing overall market size, changes in regulation and market practices are driving demand for new IT solutions. Particularly, regulatory changes, the increasing flexibility of electricity markets, and the opportunities brought by advancing technology to improve operational efficiency are driving demand for new IT solutions.