Fidera ID presented at HILLA Marine Industry and IoT Growth Mill seminar

Fidera IoT IoS IoP
With its service portfolio Fidera is expanding the traditional IoT into an Internet of Services, Employees and Safety. Photo: 1. Access control, 2. Asset (machinery and tools) tracking, 3. Material tracking, 4. Prevention of grey economy, 5. Vehicle monitoring, 6. Occupational safety

Fidera’s partner Mikko Jalonen participated on 31 August in the Marine Industry and IoT Growth Mill seminar in Salo. Jalonen was invited to present Fidera’s service portfolio to the participants at the seminar. The participants included representatives from Nokia Corporation, Meyer Turku Oy and Rolls-Royce.

Fidera’s services take the traditional IoT concept even further. The company’s development principle “One Service to Rule Them All” combines the Internet of things, services and people in a unique fashion. It provides an entirely novel way of managing the monitoring needs at worksites regardless of their size. It also helps in generating different reports for various operations control systems.

HILLA pursues global business opportunities for Finnish IoT services

At the seminar, companies in this sector can learn about the growth and development opportunities that HILLA can provide for them. Also, the top-performing IoT projects from different companies are introduced. Companies and universities around Southwest Finland were able to showcase their research and development projects. The Finnish Funding Agency for Technology and Innovation (Tekes) has granted funding also for Fidera’s development projects.

Hilla (High-tech ICT Leverage from Long-term Assetization) project aims to pilot a new operational model for creating fast-growing business activities based on Finnish ICT knowledge and research. Hilla’s business experts are sparring business ideas to create a successful global business together with the companies.

The top projects within Hilla typically involve 3-5 companies, and one of them has to have global sales channels in place. Each company has to be ready to invest at least 100 000 euros in the project. This amount includes the salaries, social security charges and other costs for the company’s own product development. The company can apply funding for the project from Tekes, for example.

The sparring from experts improves the company’s chances to receive a positive financing decision. With Hilla’s funding, also researchers from universities, polytechnics or Technical Research Centre of Finland (VTT), for example, can be involved in the project. The goal of the project is to develop a solution that generates turnover within 1.5 years.

The event was organised at the City Hall of Salo on 31.8.2016 (address: Tehdaskatu 2) at 8:30-12:30. Fidera’s pitch was part of a session, where different companies presented their IoT expertise.