Industrial revolution - characterized by the increasing digitization and interconnection of products
Thanks to digital development, products become increasingly advanced, and services and business models can be built around products in entirely new ways. The interaction between companies, suppliers, partners and customers becomes even more efficient when information passes through the value chain through seamlessly connected data systems.
Companies are investing heavily in Internet of Things solutions. Right now, there is talk of an approaching fourth industrial revolution that is further accelerated by technological development. The number of devices linked to each other through the web has been estimated to grow to 50 billion by the year 2020. The competitiveness of Finnish industry is facing challenges, and it is therefore crucial for it to succeed in the digital change in industry.
