Industrial Internet transforms Finland’s challenges into opportunities

The industrial internet is one of the most important disruptive technologies at the moment, both in Finland and worldwide.

Finland is looking for new growth opportunities and competitiveness through exploiting the industrial internet.The Prime Minister’s Office has identified it as one of its key themes.

The industrial internet has been described as a new industrial revolution, a significant re-shaper of markets and a global impetus for growth.

The Finnish industrial internet – from challenge to opportunity project will carry out an extensive evaluation of the overall picture of internet economics, clarify its social and economic impacts both within Finland and globally, and produce suggestions for measures which would enable Finnish society and industry to best profit from the opportunities this development offers.

The industrial internet means the application of information and communications technology in industry and within society for improving the efficiency of operations and the creation of new added value for customers and users. Internet and mobile technologies have changed to become generally and easily available tools with which it is ever simpler and cheaper to develop applications. Through their use, the industrial internet enables new industrial and service businesses by linking intelligent devices, and the people that use them, to analysis and decision making.

‘The disruptive impact will be seen in industry, services and in the public sector as well.  It is vitally important for Finnish companies and other institutions to get involved quickly and effectively in developments and influence their direction,’ points out Professor Martti Mäntylä from Aalto University.

Finland has all the prerequisites for success: competitive and international technology industry, solid ICT skills as well as a public sector that is well-managed and capable of reform. Many companies that operate in global markets have already realised the importance of the industrial internet.

‘The industrial internet will improve productivity and will enable the birth of completely new operating practices and business models in the disruption that will result. This will have a decisive impact on Finland’s competitiveness,’ claims Research Professor Heikki Ailisto from VTT Technical Research Centre of Finland.

The Finnish industrial internet – from challenge to opportunity project tackles the industrial internet comprehensively, from the perspective of technology, business, the economy and society. Disruption will be seen across a broad swathe of Finnish society, working life and in industrial operations. That is why the project covers, in addition to industry, other critical areas of business life (such as energy, transport and logistics, trade, property and infrastructure) as well as the functioning of the public sector. The main focus is on Finnish manufacturing industry.

The project is run by VTT Technical Research Centre of Finland, Aalto University and ETLA, the Research Institute of the Finnish Economy. The first results are available at the beginning of 2015.

Further information:
Research Professor Heikki Ailisto, VTT Technical Research Centre of Finland, tel. +358 (0)20 722 2233, [email protected]
Professor Martti Mäntylä, Aalto University, tel. +358 (0)50 351 2160, [email protected]

  • Published:
  • Updated:
Share
URL copied!

Related news

an abstract wooden sculpture
Campus, Honoured, Research & Art, Studies, University Published:

Nominate someone for the School of Science awards 2019

The deadline is approaching for the 2019 awards, so get nominating!
Iiris Sundin katselee taivaalle Laajalahden lintutornilla
Research & Art, Studies Published:

When physician and AI work together, the patient benefits

Doctoral student Iiris Sundin learned in her studies that a machine learning model could make use of a physician's silent knowledge which usually is never written down. This kind of model predicts best how a given patient will react to specific treatment.
Head of Post-Award Services Jukka Hyvönen and Head of Pre-Award Services Sanna-Maija Kiviranta
Appointments, Research & Art Published:

New Service Heads at Research Services

Sanna-Maija Kiviranta has been appointed as Head of Pre-Award Services and Jukka Hyvönen has been appointed as Head of Post-Award Services. Both teams support Aalto University's researchers in research funding.
A false colour electron microscope image of the bolometer, the scale bar shows a single bacteria, indicating how small the device is
Research & Art Published:

Radiation detector with the lowest noise in the world boosts quantum work

The nanoscale radiation detector is a hundred times faster than its predecessors, and can function without interruption