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New Technology : Digital Finland  

            

Welcome to Finland. There's not another place like it anywhere on earth. Unique linguistically, hot technologically. In the following you can take a closer look at two highly promising industries offering good potential in Finland today: Information and Communications Technology and Health Care. In addition, the growing markets of the New Northern Europe offer even more possibilities, with over 80 million consumers within your reach.

New Technology:

New technologies, pervasive in Finland, are just taking off in what should be the centre of the technology universe. In the Internet world, where the New, New Thing may have as little as nine months to get established before competition sets in, there is a tremendous advantage in working where people live a couple years in the technological future.

R&D focused on future growth areas:

As Finland has become integrated into the world economy, its industrial production has become more diversified. The current emphasis is on high-value, technology-intense exports. Finnish high-tech exports amounted to 20,6% of total exports in 2002.

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wireless eBusiness applications:


Finland can offer highly skilled research teams at universities and research institutes, and in particular companies can benefit from industrial partners of the highest standard. The quality of Finnish R&D and the performance of technological cooperation have been evaluated to meet competitive international standards.
Many companies operating worldwide have located their key resources and laboratories for technological development in Finland.

Finland was the first country to launch a digital network for mobile communications. Today digital mobile phone penetration is 80%, with the fastest growing user group between the ages of 7 and 12. Thanks to new innovations such as the wireless application protocol (WAP), broadband wireless (UMTS) and industry initiatives such as Bluetooth and General Packet Radio Service (GPRS), mobile devices are changing fundamental patterns of social and economic behaviour.

One striking aspect of Finnish life is how seamlessly information technology has been integrated into production, work and home life. Banks, schools, libraries and hospitals exist virtually as well as physically. Thanks to the early acceptance of strong encryption approaches, eBusiness has developed briskly and reliably. Several of the world’s top Internet security companies are based in Finland. Online banking is so well established that individuals engaging in traditional banking are the clear minority. Finns use the least physical cash per capita of any people in the world. Even ATMs (cash machines), still considered an innovation elsewhere, are already anachronisms.

Convergence of wireless and Internet
technologies affects us all:

Finland is in a globally unique position to lead development in wireless and Web convergence. And its telecom cluster and third-generation mobile Internet are closely linked to other industries. Within the telecom cluster, electronics and software makers have prospered. Content producers and digital media companies are also doing well.

Finland has essentially become a major base for convergence technologies. Once the winners distinguish themselves, the global market lies ahead. Thus, firms in the field come to Finland when they feel they can no longer afford not to be present here. As the talent resources are finite, the sooner they commit to Finland the better.

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