Insights

Since 2011, the CTO of the Year Award has been an annual recognition of the importance of Chief Technology officers to the future competitiveness of Finnish industries. The award has two categories: SMEs and Large enterprises. Moreover, for a second year in a row, there will be an award for the Innovation Professor of the Year. The award was set up to increase the recognition of collaboration between academia and companies.

Nornickel Harjavalta, a refiner of nickel metals and chemicals in Finland, recently secured a significant investment of 15 M€ from Business Finland for expanding the production capacity of their plant in Harjavalta, Finland. The funding will strengthen the Finnish battery ecosystem and boost the building of sustainable battery industry to Finland. Spinverse funding experts supported Nornickel Harjavalta in the preparation phase of their successful project proposal.

CleverHealth Network has just rolled into its 5^th year in operation and continues to bring together public health care, clinicians, large companies, and high-tech start-ups to co-develop intelligent and impactful solutions for health care, aiming to improve the quality of life for patients and work of the health care personnel. In 2021, CleverHealth Network was joined by two new partners Telia and Siemens Healthineers, and an interesting new co-innovation project to tackle the challenges of healthy indoor air during pandemic was launched. Spinverse continues to support the CleverHealth Network in facilitation, project communications and overall project management.

The R&D phase of the LuxTurrim5G ecosystem of 26 partners, led by Nokia and coordinated by Spinverse, has now been completed and the developed solutions are getting ready for global markets. Spinverse has played a significant role in contributing to a successful outcome of this complex ecosystem developing innovative solutions for smart cities. The project has been all about efficient communication and working together towards the common goal with the ecosystem partners. Meet Spinverse experts behind the LuxTurrim5G ecosystem.

While waiting for the first Clean Hydrogen funding calls to open this year, it is already essential to get ready as the schedules and requirements will be tight. As one of the founding members in Hydrogen Cluster Finland and an expert on public funding, Spinverse can help your company to prepare the best possible funding application for your Clean Hydrogen project.

R&D investments in Finland will continue to grow, driven by public funding. Finnish companies will continue to increase their product development investments in Finland also in 2022. Growth will be accelerated by the green transition, the advancement of digitalisation and the growth of public innovation funding for industry. This is evident from the CTO Survey directed at the Chief Technology Officers of industrial companies. The survey was conducted by Spinverse in cooperation with the Technology Industries of Finland and Business Finland. This finding is also supported by a recent investment report by the Confederation of Finnish Industries, in which the results on the growth of industrial investments were very similar.

Business Finland has granted Lounais-Suomen Jätehuolto (LSJH) 5.2 M€ of circular economy investment aid for building a full-scale, end-of-life textile refinement plant in Turku, Finland. When the plant is ready, Finland will be the first country in the world where post-consumer textiles are obtained nationwide for reuse and recycling.

Dijana Soininen joined the Spinverse team as Head of People and Culture a few months ago to help us nurture and evolve our company culture in times of rapid growth. We wanted to ask her about her first impressions at Spinverse and her insights into company culture and our work environment.

Business Finland has just granted a total of EUR 60 million for three new Veturi projects to be led by the leading companies Nokia, Wärtsilä and TietoEVRY. In return for the funding, the leading companies make a commitment to increase their research, development and innovation (RDI) activities in Finland by a total of more than 350 M€. At the same time, hundreds of new RDI jobs will be created in the coming years.

The extensive joint development of LuxTurrim5G ecosystem led by Nokia and coordinated by Spinverse has reached a key milestone, as the development phase of the smart pole, data platform and related smart city services is successfully completed. The multi-disciplinary consortium of 26 partners has achieved solid results and the development consortium is planning for more extensive pilots in real urban environments and is starting to commercialize the solution.