23.02.2017 | News

Solita continues its strong growth

The year 2016 again saw growth of nearly 20 per cent

Solita, a digital business consulting company, is continuing its brisk growth. The year 2016 saw impressive growth of 18 % and EUR 9 million for Solita, compared with the previous year. In 2016, Solita celebrated its first business acquisition, the Grand One victory for the best B2B service of the year, the Employer of the Year award and its first international office in Stockholm.

Solita increased its turnover in 2016 by 18 %, to EUR 58.5 million (2015: EUR 49.7 million). EBITDA remained at the previous year’s level, at 9 % and EUR 5.1 million.

At the end of 2016, Solita had 477 employees, showing an increase of 22 % from the year before (31 December 2015: 392 employees). In addition to active organic growth, Solita completed its first ever business acquisition in February 2016 with the purchase of HMV Group, a company specialising in strategy consulting in the public sector. Solita also employs IT experts in Finland through its extensive subcontractor network. In addition, the company established its first international office in Stockholm.

“Solita grew according to our strategy and targets. It all starts from successful customer work. I would like to thank all of our customers for their trust and all Solita employees for a job well done. This year, we will continue to employ Finnish experts, change the business operations of companies, improve public services and also export our expertise”, says Jari Niska, CEO of Solita.

Analytics, cloud services and service design showing rapid growth

In 2016, Solita grew in all of its business areas. For example, Atria, Finnair, Fortum, Laattapiste and YIT selected Solita as their partner. Among customers in the public sector, Solita was selected as a partner, for example, for a significant mobile project from the Finnish Transport Agency, and for the self-care and digital value services (ODA) service. This service is an important part of the extensive system of electronic self-care services and the reform of social and healthcare services.

Corporate culture and expertise feed one another

Despite its rapid growth, Solita has been able to maintain its relaxed corporate culture, and it recently received the Employer of the Year 2016 award. The customer work of the community of experts that attracts skilled talent paid off as the company won the B2B Service of the Year award in the Grand One competition and the Mobile Networks contest at the international Ultrahack hackathon.

“A community of skilled colleagues, inspiring tasks, and balance between work and leisure are what top professionals consider to be important and, in this, Solita employees believe we have succeeded excellently. We will also continue to invest in continuous development and maintaining our human-centred culture”, Niska says in emphasis. Solita expects to recruit more than 100 skilled employees this year, especially software developers, data analysts, technology architects and integration specialists.

The figures have been audited.

Further information:
Jari Niska, CEO, Solita Oy, tel. +358 40 5246 400, jari.niska@solita.fi

Solita is a digital business consulting company. We are our customers’ guide in a changing world. We create new business and services for the private and public sectors by combining technology, business processes and content in a new way. Solita produces digital solutions and online services for digital business and services as well as business intelligence. The net sales of the company established in 1996 amounted to EUR 58.5 million in 2016. Solita employs over 500 digital business specialists in Helsinki, Tampere, Oulu and Stockholm.

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Solita