The Industrial Internet in Finland: on route to success?

This publication presents the key outcomes of the joint TINTTI project (IT Houses to Boost Industrial Internet) consisting of the following project partners: Absent Oy, F-Secure Oyj, HiQ Finland Oy, IoLiving Oy, the University of Oulu and VTT. The project was supported by Tekes - the Finnish Funding Agency for Innovation. Digitalisation and the Industrial Internet have become buzzwords that, in many situations, are used as umbrella terms for new business opportunities in which emergent digital technologies are exploited. Since these terms are considerably broad, it is necessary to conduct research on related topics, first to construct a framework in which to discuss the issues, and second to define the specific problems therein. This publication provides such a framework by defining the central concepts and depicting the use cases, especially in terms of how firms view the digital world of the future. These efforts are supported by the results of a study on how a chosen set of companies have seen their operating environment, business and operations transform due to digitalisation. The publication includes an analysis of the state of the art technologies and practices relating to business development, as well as the industrial needs and opportunities surrounding the Industrial Internet. This study found that Finnish information technology (IT) firms are willing to meet the challenge and take advantage of available business opportunities. In addition, the publication introduces a digital transformation model that will enable companies to be more aware of the development of digitalisation within their own sector, and be better prepared for the changes required by digitalisation in terms of its' particular business operations.