Elisa to Renew Operating Model for International Software Business
Elisa is initiating a renewal of the operating model for its international software business, Elisa Industriq. The initiative aims to improve efficiency and significantly boost profitability.
Finnish telecommunications company Elisa is undertaking a strategic overhaul of its international software division, Elisa Industriq. The move is intended to align with the company's objective of achieving faster profitable growth.
The operating model renewal encompasses efficiency improvements and a targeted enhancement of profitability. Elisa Industriq will be restructured into two distinct business areas: manufacturing and critical infrastructure. Elisa stated this division aims to foster scalable, profitable growth and unlock synergies.
This organizational change will affect all countries where Elisa Industriq operates and its relevant personnel. The company has indicated the new model is planned for implementation in the near future. Specific details regarding any personnel impacts were not immediately disclosed.
Elisa Industriq provides software solutions primarily for industrial sectors and has an international presence. The operating model adjustment is part of Elisa's broader strategy to adapt to evolving market demands and strengthen its global competitive standing.