Insights

SWEETWOODS is a 43-million-euro joint pilot project that was recently granted 21 million euros in funding under the EU’s Horizon 2020 programme’s Bio-Based Industries financial instrument. Horizon 2020 is the biggest research and innovation programme in the world, supporting the development and introduction of new technologies. SWEETWOODS represented the only flagship project in the bioeconomy sector. The project is implemented through collaborative efforts of nine partner companies.

Innovation is proven to be the single most efficient way to encourage growth and renewal. Should Finland once again be made the spearhead of innovation all others compare themselves to?

The bi-annual CTO Forum spring event was held on 19th of March at restaurant Palace. This time the focus of the event was on Finland 4.0 - how to increase the R&D expenditure of GDP to 4.0%.

Does your company have an innovative idea or solution you want to pilot with Valmet? Are you looking for new business opportunities? Do you need world-class expertise to help you commercialize your idea?

Vesa Varjonen, Vice President of Research and Technology at Planmeca and Matti Heikkilä, CTO of MetGen have been chosen as CTOs of the Year 2018.  The jury consisting of leading Finnish technology influencers emphasized the significant role of the awarded CTOS on renewal of the industry. The CTO of the Year Awards are given by Spinverse together with Technology Industries of Finland and Business Finland to highlight the importance of Chief Technology Officers work on the future competitiveness of Finnish industries. 

Fingrid is looking for new ideas for condition monitoring of transmission grid post insulators and temperature monitoring for grid components

LuxTurrim5G, the Nokia Bell Labs driven collaborative ecosystem project coordinated by Spinverse, enabled Espoo City to reach the finals of the Intelligent Community of 2018 contest. The Intelligent Community Forum (ICF) announced the seven finalists on the 8th of February in New York. The think tank describes the finalists as cities that have done the leap from Smart Cities to Intelligent Communities.

Open Innovation (OI) ecosystem projects are complicated and demanding. Ecosystem partners have multiple roles and different internal drivers and objectives. Typically innovation projects involve high technological and commercial risks, which increase the level of complexity. Furthermore, there may be competing ecosystem projects either running parallel or about to be initiated. These characteristics require special measures and actions when leading and managing OI ecosystem projects.

Temperature sensors, drug tests and disease detection devices made out of paper: the future of green electronics has kicked-off  with the INNPAPER project. The four-year project aims to develop alternative solutions to traditional electronics. It is funded by the European Commission and has a budget of €7.5 million.

Does your company have an innovative idea or solution that you would like to pilot together with Fortum? Are you looking for new business opportunities and world-class expertise to support in commercialising your idea?