T

Tieto

Industry-specific software, cloud and AI

Product Owner

Full-TimeUpdated on 10/15/2026
No salary listed
Mid
Bachelor's
Skellefteå, Sweden
Hybrid
ProductProduct Management

About the job

Requirements
  • Knowledge of how municipalities pay reimbursements or compensations to municipal and private service providers.
  • Experience working as an economist, controller, or similar role in a municipality, or experience working with Lifecare or a similar system.
  • Ability to explain customer business demands to technical employees working on product development.
  • Deep domain knowledge of the Swedish welfare and social care landscape; Nordic and European market knowledge is beneficial.
  • Good knowledge of current legislation and the National Board of Health and Welfare's processes.
  • Knowledge of personal data handling and guidelines linked to GDPR.
  • Strong written and verbal communication skills, including excellent command of English and fluency in spoken and written Swedish.
  • AI literacy, including ability to use approved AI tools for drafting, summarising, analysing, and automating routine tasks; write clear prompts; critically evaluate and validate outputs; apply judgement to incomplete, biased, or incorrect results; and follow confidentiality, privacy, security, legal, regulatory, and responsible AI policies.
Responsibilities
  • Be responsible for the product portfolio's solution for the Swedish municipal Health & Care market in Compensation Welfare Technology (Lifecare Ersättning).
  • Build the product portfolio from existing ideas and develop new ideas and offerings based on experience, customer needs and wishes, and market changes and requirements.
  • Explain customer business demands to technical employees working on product development.
Desired Qualifications
  • Knowledge of municipal elderly care fees.
  • A degree in economics or equivalent, with broad experience in municipal health and social care.
  • Experience with the municipality's welfare services, work processes, and legislation.
  • Experience in product development, including backlog management, prioritisation, and solution description.
  • Experience in product management, project management, or similar work.
  • Analytical ability and an ability to see the big picture.

About the company

Tieto provides mission-critical software and consulting services for various industries, organized into vertical software families: Tieto Caretech (care and health tech), Tieto Banktech (banking tech), Tieto Indtech (industrial tech) plus Tieto Tech Consulting. It helps customers run and improve their operations by delivering industry-specific software platforms, cloud services, data analytics and AI-powered solutions, complemented by design and software engineering expertise. Unlike more generic IT firms, Tieto focuses on deep, sector-specific capabilities and combines software products with consulting to support digital transformations. Its goal is to help customers succeed and innovate with the latest technology by making complex systems work together reliably and efficiently, backed by a team of about 13,000 specialists and EUR 2 billion in annual revenue.

Company Size

5,001-10,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Helsinki, Finland

Founded

1968

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Simplify's Take

What believers are saying

  • Q1 2026 adjusted EBITDA margin reached 14.7% despite 3% revenue decline.
  • 26 Apr 2026 cost program hit EUR 105 million run-rate savings.
  • Jan 2026 Spain acquisitions and April Microsoft partnership expand selective growth paths.

What critics are saying

  • 29 Apr 2026 cut up to 500 Tech Consulting jobs amid weak demand.
  • 11 May 2026 arbitration with JS BidCo carries a EUR 110 million counterclaim.
  • 2026 growth stays flat or negative, and Oslo delisting narrows liquidity.

What makes Tieto unique

  • 24 Mar 2026 renamed to Tieto, sharpening identity around vertical software.
  • 2026 strategy centers on Banktech, Caretech, Indtech, and Tech Consulting.
  • 1 Jul 2026 Microsoft Copilot specialization deepens Tieto's AI delivery credibility.

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Benefits

  • Flexible Work Hours

Company News

Yahoo Finance
Apr 30th, 2026
Tieto Oyj reports $119M cost savings amid 3% revenue decline and 800 job cuts

Tieto Oyj reported Q1 2026 results showing a 3% revenue decline driven by legacy contract runoffs in Banktech and Caretech, though adjusted EBITA margin improved over 4 percentage points year-over-year to 14.7%. The Finnish IT services company's order backlog grew 8% year-over-year, whilst operating cash flow rose 9% on a comparable basis. The company achieved €105 million in run rate savings from its cost optimisation programme, targeting €130 million by year-end 2026. However, weak demand in Tech Consulting and geopolitical uncertainties impacted performance, prompting Tieto to announce an additional 500 employee reduction. Banktech profitability improved to 17.3% with underlying growth around 3%, whilst Caretech achieved a 26% margin. Leverage improved to 1.3x following the completion of the Bekk Consulting divestment, which contributed €147 million to free cash flow.