What netum does

Netum Group Oyj is a Finland-based IT services and digital solutions provider headquartered in Tampere, with additional offices across eight Finnish cities (Helsinki, Turku, Pori, Jyväskylä, Hämeenlinna, Oulu, and Kuopio). The company operates as a solution-focused IT services partner, delivering custom software development, system integrations, cloud solutions, data/analytics and AI services, cybersecurity consulting, quality engineering, and service design to Finnish organizations in both the public and private sectors. Netum's customer base is heavily weighted toward Finnish municipalities, government agencies (e.g., City of Tampere, Senate Properties, Ministry of Economic Affairs and Employment), and educational institutions (e.g., University of Oulu, LUT University), alongside private enterprises such as Wärtsilä, Vaisala, IQM, and Kempower.

The company monetizes through three revenue streams: (1) IT consulting and professional services delivered on a project and time-and-materials basis, (2) recurring revenue from continuous/managed services contracts, and (3) subscription and licensing revenue from proprietary software products developed under the Netum Tuotteet (Netum Products) arm — Happi (study administration for higher and secondary education) and AtomiSign (electronic signature with strong identification and regulatory compliance). Netum also offers Netum AI ACE, a proprietary AI platform, alongside AI readiness assessment tools (AI-Kompassi and an online AI readiness test) that serve as both consulting deliverables and lead-generation mechanisms. Proprietary products, certified advisors (Evli Plc for Nasdaq First North), and ISO/IEC 27001-aligned information security management underpin the company's governance posture. Go-to-market is predominantly direct enterprise sales supported by content marketing (blog, customer stories, employee stories), events, and a structured investor relations function.

The business was expanded via two acquisitions: Cerion Solutions in October 2021 (consolidating IT services) and Studyo Oy in January 2023 (becoming Netum Tuotteet, adding the Happi and AtomiSign product lines to the education vertical). Netum has been publicly listed on Nasdaq First North Growth Market Finland since 2021. In June 2026, the company issued a profit warning citing slower-than-expected project launches, lower Q2 volumes, and short-term capacity/utilization constraints, with 2026 revenue now expected to fall notably below the 2025 baseline of €37.8 million (EBITA margin 5.5%) — a material near-term headwind for the franchise.

Name

netum

Legal name

Netum Group Oyj

Website

https://netum.fi

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

Netum is a Finnish IT services company that designs, builds, and integrates digital solutions — software, cloud, integrations, data/AI, and cybersecurity — for Finnish public sector bodies, educational institutions, and private enterprises.

Ownership category

akta.pro rank

Product category

IT Consulting Services

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372)

akta.pro primary industry

Cloud-Native Development (Containers, Kubernetes, Microservices) (BPAEACAD)

akta.pro secondary industries

Managed Application Platforms (App PaaS & Runtime Services) (HDABAAAD), Enterprise PaaS (App Runtime & Managed Application Platforms) (HDAEAKAB), Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL)

Keywords

• IT consulting services
• Software development
• Cloud solutions
• System integration services
• Cybersecurity consulting

Headquarters

HQ city

Tampere

HQ country

Finland

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. IT Consulting and Professional Services: Netum generates revenue primarily through IT consulting and professional services, delivering custom software development, cloud solutions, integration services, cybersecurity consulting, and data/AI services to organizational clients in Finland. Revenue is project-based and recurring through ongoing managed/continuous services engagements.
2. Product Licensing (Happi, AtomiSign): Netum develops and licenses proprietary software products (Happi for study administration, AtomiSign for electronic signatures) to educational institutions and other organizations, generating recurring software licensing revenue.
3. Continuous/Managed Services: Netum offers continuous services post-deployment, ensuring client systems, cloud environments, and AI solutions operate reliably and securely 24/7, generating recurring revenue from ongoing service contracts.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Netum is a Finland-based IT services and digital solutions provider that builds human-centered digital services for Finnish public and private organizations. Its core offerings span business development consulting, service design, custom software development, system integrations, data/analytics/AI services, cloud solutions, cybersecurity consulting, and quality engineering, complemented by proprietary software products (Happi for study administration, AtomiSign for electronic signatures, Netum AI ACE for AI deployment) and ongoing managed continuous services.

Product overview

Netum is an IT services company that provides digital solutions for organizational operations and reliable information flow. Their product portfolio includes Happi (application and service request management) and AtomiSign (electronic signature solution) as core products developed under Netum Tuotteet (Netum Products). They also offer Netum AI ACE as their AI platform. Beyond products, Netum provides services including business development, service design and customer experience, software development, integrations, data analytics and AI, cloud solutions, security services, and quality engineering. The company operates primarily in Finland serving various public and private sector organizations.

Differentiator

Problem solved

Functional benefit

Brands

• Happi: Digital solution that streamlines various application and service processes for educational institutions, offering an easy-to-use and accessible service package.
• AtomiSign
• Netum AI ACE

Products and services

• Happi Application and service request management platform that streamlines various application and service processes for higher education institutions and second-level educational organizations, providing an easy-to-use and accessible service experience. Supports student administration and staff daily work.
• AtomiSign Electronic signature solution that accelerates signing processes and meets strong identification and regulatory requirements. Used for electronic contract signing with identity verification capabilities. Licensed to educational institutions and other organizations.
• Netum AI ACE AI platform within Netum's Data, Analytics and AI service portfolio for building and deploying AI solutions for clients. Positioned to help organizations implement AI that enhances operations, supports decision-making, and delivers sustainable value.
• Managed Integration Service Managed service for designing, building, and maintaining system integrations for clients on a continuous/recurring basis, supporting data flows between client systems.

Quantifiable outcome

• IT services company Netum achieved €37.8 million revenue in the previous year with 5.5% EBITA margin (before 2026 guidance reduction).

Named customers16 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core.

• Studyo OycoreStrategic or Co-development Partner · 2 January 2023Netum Group Oyj completed the acquisition of Studyo Oy, a Finland-based company, as part of its strategic expansion in digital and IT services. Studyo Oy is now operating as Netum Tuotteet (Netum Products).
• AtomiSign (own product)coreTechnology or IntegrationAtomiSign is Netum's proprietary electronic signature solution, used internally and licensed to customers. Netum uses AtomiSign for contract signing, integrating Twilion SendGrid for email delivery.
• Evli Plc (Certified Advisor)coreOthersEvli Plc serves as Netum's Certified Advisor for the Nasdaq First North Growth Market Finland listing, guiding and supporting Netum on exchange obligations and monitoring compliance.
• KPMG Oy AbcoreOthersKPMG Oy Ab is Netum's elected audit firm, with Lotta Nurmonen as the principal auditor. Appointed annually by the General Meeting.
• Hive Helsinki / Studyo OycoreStrategic or Co-development PartnerNetum acquired Studyo Oy (now known as Netum Tuotteet / Netum Products), which originated as Hive Helsinki education startup. Studyo was the employer of Eino Lindberg's internship and is now integrated into Netum's product development arm.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Accenture Finland: Finnish presence of global SI giant Accenture, offering strategy, technology and managed services to large Finnish enterprises and government. Competes for the upper-end of Netum's enterprise and public-sector pipeline.
• Knowit: Listed Nordic digital and IT consultancy with Finnish operations covering software development, cloud, data/AI and e-services. Comparable service lines targeting similar Nordic enterprise and public-sector clients.
• Capgemini Finland: Finnish arm of global IT services and consulting group Capgemini, providing cloud, data/AI, cybersecurity and application services to Finnish enterprise and public-sector clients. Larger incumbent with overlapping capabilities.
• Fujitsu Finland: Subsidiary of global IT services provider Fujitsu, delivering application services, cloud and managed services to Finnish enterprises and public organizations. A larger competitor for Netum's enterprise and public-sector accounts.
• CGI Suomi: Finnish arm of global IT services major CGI, delivering systems integration, application management and cybersecurity to Finnish ministries, agencies and large enterprises. A larger incumbent contesting the same public-sector and enterprise IT deals.
• TietoEVRY: Largest Nordic IT services and software vendor serving Finnish enterprises and public sector, including ministries, municipalities and healthcare. Competes head-on with Netum for the same RFPs but at a much larger scale and broader portfolio.

Direct peers

• Solita: Finnish-Nordic digital transformation and data/AI consultancy delivering software, integration, cloud and analytics services to Finnish enterprises and public sector. Closely comparable in services mix and customer profile to Netum.
• Vincit: Listed Finnish software services company focused on custom software development, integrations and digital services to Finnish and select international clients. Comparable service portfolio and customer base to Netum.
• Gofore: Finnish IT and digital services consultancy listed on Nasdaq First North with comparable size and a similar mix of software development, cloud, data and AI services, plus employee-led culture. Direct competitor for the same Finnish enterprise and public-sector accounts.

Others

• Deloitte Finland (Tech & Transformation): Big Four advisory and technology practice in Finland delivering systems integration, cloud, cybersecurity and managed services to the same ministries, municipalities and large enterprises pursued by Netum. Adjacent competitor for large transformation mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/netumoy
• YouTubeyoutube.com/@netumgroup
• Facebookfacebook.com/netumgroup
• LinkedInlinkedin.com/company/netumgroup
• Instagraminstagram.com/netumgroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about netum