Strategic co-operation between Tieto Media Solutions and CID GmbH

With the target to cooperate in Germany, Europe, Middle East and Africa (EMEA), Tieto Media Solutions and CID have agreed a strategic co-operation for media, finance and trading. Based on the products myLOBster MEDIA (CID) and TRIP (Tieto) first common developments are taken up.
For our customers advantages in two areas will result. On the one hand manual activities of the archiving process are supported by automated processes; on the other hand results of queries are improved qualitatively. The product TRIP offers a highly efficient multimedia archive and a retrieval infrastructure with integrated search engine technology as well as a software development kit for the creation of very modern archiving and search applications. In synergy with the myLOBster MEDIA solution, indexed or stored content of TRIP are enriched with metadata automatically and content is linked based on semantic processes. This way archive queries in form of a search will be answered more comprehensively. The researching user gets thematically fitting articles as search result and a wider overview of existing assets.
The combination of TRIP and myLOBster MEDIA is a milestone as production environment with regard to different forms of search-based multimedia applications: Process and historiography systems, media archives, library systems, patent administration systems as well as video, photo and media object storage and last but not least portal systems with functionally absolutely new features have to be emphasized.
Tieto is an IT service company providing IT, R&D and consulting services. With approximately 16,000 experts, they are among the leading IT service companies in Northern Europe and the global leader in selected segments. They specialize in areas where they have the deepest understanding of the customers' businesses and needs. Their superior customer centricity and Nordic expertise set them apart from their competitors. They focus on serving large and medium-sized organizations in their main markets – Northern Europe, Germany and Russia. In telecommunication, forest, oil and gas as well as digital services, they serve their customers globally. They work hand in hand with many of the world's leading companies and organizations and grow in step with them. The company’s shares are listed on NASDAQ OMX in Helsinki and Stockholm.

