A Diversity Journey

A Diversity Journey

A Flashforward into the Future

ImpressionsPosted by Amela Koluder Fri, November 18, 2016 11:39:56

Finnish Partners and Business Oulu organised an inspiring breakfast seminar in Oslo, 17 of November 2016. The subject for the seminar was “Digitalization DNA” with companies from Finland, UK and Norway presenting latest digital business case stories and discoveries of the new and existing products.

Jan Grønbech, the Country Director of Google Norway, gave a brief look into the future emphasising the urge to disrupt current business and industries or be disrupted and taken out of business faster than we could imagine: “Innovation frequency used to be in the cycle of decades in early 20th century. It is currently in yearly cycle, but this cycle will be even weekly for our children”

There are already several industries that have been disrupted:

Who wants to pay for a hotel besides the variety of options AirBnB is offering?

Within a few years, trams and trains will be operated without driver and the same will be with cars. The last generation who will need a driver’s license is born around year 2000.

And you should not encourage your children to become accountants – we won’t need them in the future. Do encourage them to explore any health-related personal service.

One of the major disruptions is expected within energy industry. In year 2025, the oil price is expected to stabilise under 5 USD. Why? Big car producers like Toyota, Ford and Renault promise that there will be no more production of fuel based vehicles. Almost all cars will be running on electricity.

Can you imagine how the public transportation will look like, when nobody can drive anymore?

The presentations of Finnish tech-companies from Oulu, Silicon Valley of Europe, followed. The City of Oulu is the capital of northern Finland and the fastest growing region in Finland. The Oulu Region is well known for its technology hosting two science parks: Technopolis Plc, Scandinavia's first science park, and Medipolis Ltd., as well as a technology center, Ii Micropolis Ltd. The region is home to many hi-tech companies, such as Nokia, and the sector currently employs over 10,000 people. There are several research institutes, including VTT Technical Research Centre of Finland and the University Hospital. There is also the multidisciplinary Oulu University of Applied Sciences.

Business Oulu gave us an update on the latest development of 5G standard which is expected to nourish even faster emerging of new businesses.

”It goes without saying that there will be significantly increasing wireless data demand. Existing mobile technologies will not be able to provide the capabilities to meet market demands beyond 2020. 5G will meet that demand, and also provide storage capable cell networks and much lower latency. All this means more efficient connectivity, especially in dense locations.” - Janne Mustonen, Key Account Director for ICT and Nano at BusinessOulu

Haltian - brings your ideas to life by creating new mobile devices and IoT solutions, building a more connected tomorrow. Haltian Website

Solita – a digital business consultancy that combines business processes, content and technology in a revolutionary way, helping customers to succeed and create new businesses and services. Solita Website

RD Velho - a strongly growing engineering office who has concentrated on producing product development services for electrical and electro-mechanical devices. RD Velho Website

The most interesting product was presented by a UK based company Aircharge, a division of Ergo, offering the latest in wireless charging solutions for the office, home & public spaces, and is one of the most progressive designers of technology-driven interiors products in the UK.

Amela Koluder / OSLO

Upcoming Events:

The first 5G Innovation Challenge competition, June 2017 - http://5gfwd.org/

Northern Glow business conference, focusing on 5G & Digitalization and Business Growth Acceleration, August 2017 - http://oulu.com/northern-glow/