Pareto Software Strengthens Its Board – Ilkka Kaikuvuo Named Chairman and Partner

Tampere, 9 November 2026

Technology entrepreneur and investor Ilkka Kaikuvuo has been elected Chairman of the Board of Pareto Software Oy and is also becoming a partner in the company. Kaikuvuo's involvement will accelerate Pareto's international growth. He takes up the position on 9 November 2026.

Pareto has grown quickly and profitably as an AI consultancy. In September 2025, the company launched Pareto AIVO, an agentic management system developed for the international manufacturing industry.

Pareto invited Kaikuvuo to become a partner and Chairman of the Board to strengthen its expertise in international product business. The aim is to focus the company's expertise and resources more effectively on growing the AIVO business.

The previous Chairman of the Board, Juho Jokiniitty, one of the company's founders, will continue as a member of the Board and, as Chief Operating Officer, will be responsible for the company's consulting business.

“We are truly pleased that it is Ilkka who is joining us. He knows how to take a product from Tampere to the world, and he has the expertise and networks that growth requires. That is what we need for AIVO's international growth,” says Juha Latvala, CEO of Pareto Software.

In industry, AI has largely been used for analyzing data and reporting. Next, it is becoming part of everyday management. AIVO's AI agents prepare matters for decision-making and follow the progress of agreed actions. People are responsible for the decisions. The system is already in production use at companies including Valio. AIVO is built on Microsoft and Azure technologies, and the Microsoft partnership is an important part of the company's growth plan.

“We promise our customers that with AIVO they can focus on managing what matters. In line with the Pareto principle, we do the same ourselves. Together with Ilkka, we are focusing even more closely on the essentials: developing AIVO, the benefits for our customers and international growth,” Latvala says.

Kaikuvuo co-founded companies including Surveypal and Framery, the internationally successful maker of workspace solutions. He has invested in dozens of growth companies.

“I often find myself thinking about everyday problems quite concretely. How could that be made to work a little better? As an entrepreneur, I have learned to also ask who else has the same problem and what they would be willing to pay for a solution. What I find exceptional about Pareto's story is what this same team has already achieved. They have grown a consultancy quickly and profitably and, at the same time, built their own product that Finnish industry uses. It shows both the people's technical mastery and skillful entrepreneurship. This is the team I want to take AIVO to the world with. That is why I am also joining as a partner,” says Ilkka Kaikuvuo.

For more information

Juha Latvala, CEO, Pareto Software Oy
040 807 3939, juha.latvala@paretosoftware.fi

Ilkka Kaikuvuo, Chairman of the Board
040 524 8960, ilkka.kaikuvuo@paretosoftware.fi

Pareto Software in brief

Pareto Software is a Finnish AI software and consulting company specializing in management systems for the manufacturing industry. The company's own product, Pareto AIVO, is an agentic management system developed for the manufacturing industry that brings a company's goals, metrics, data and documents together. AI agents handle the management preparation tasks delegated to them and follow the progress of agreed actions continuously and on their own initiative. People are responsible for the decisions and lead the whole. AIVO is built on Microsoft and Azure technologies and connects to a company's existing systems and processes. Pareto Software is a Microsoft partner, and AIVO is in production use at companies including Valio.

More information: paretosoftware.fi

Pareto Software in numbers

• Revenue 2025: EUR 3.5 million (up 75% from the previous year)
• Operating profit (EBIT) 2025: 16.8% of revenue
• Revenue forecast 2026: EUR 4.5 million
• Personnel: 52 experts