- News article -

CTO-Survey results out: Finnish CTOs prepare for digitalisation

27 Oct 2015

According to the annual CTO-Survey, Finnish technology companies are preparing for digitalisation. It is believed that digitalisation will create new business models and ways to accelerate the development of current business. New business is needed, as the survey results reveal a concern for public funding cutbacks and poor predictability of Finnish and EU legislators.

The CTO-survey scanned how prepared and interested companies are in digitalisation; industrial internet and IoT as sub-sections of digitalisation. According to the results, digitalisation is taken seriously, with four out of five(82%) reserving R&D resources for the development of characteristics, products or services to customers that digitalisation enables.
There is also a desire to utilize digitalisation in R&D -operations, for example in collecting and utilizing user-data in the planning of next generation products.

The biggest obstacles to digitalisation seems to be the lack of economic incentives and the lack of knowledge, as well as the immaturity of technologies.

The survey respondents represent the Finnish industry comprehensively: 39% of the respondents were from large corporations, even though there were respondents from companies of all sizes. There were respondents from all technology sectors, with 36% of the respondents from the electronics and ICT industry.

View the CTO Survey results.

The press release (in Finnish).

- Contact us -

Want to learn more how Spinverse could help you? Contact us now!



Markku Heino

Principal Consultant, Ecosystem Leader, D.Sc. (Tech.) +358 40 7191221

- News -

Relevant posts

Spinverse News

Can Finland return to the top in economic competitiveness?

20 Jun 2019

In its new programme, the Finnish Government says that it is committed to making Finland more competitive. T...

EU funding Horizon 2020 Spinverse News

2 million euros of EU funding to ManoMotion’s groundbreaking mobile AR technology

19 Jun 2019

Swedish ManoMotion succeeded in receiving extremely competed Horizon 2020 funding in the first try with Spin...

EU funding SME Spinverse News

Taking you to the frontier: the popular funding scheme for SMEs revamped

17 Jun 2019

European Commission shifts into high gear in its popular funding scheme for small and medium-sized enterpris...

Innovation Challenge Digital Fiber Initiative

Top Data Science won the Digital Fiber Ecosystem Innovation Challenge

12 Jun 2019

The Digital Fiber Ecosystem, jointly organized by Siemens and Spinverse, has finalized its Bio-Based Industr...

EU funding European Funding Spinverse News

One of the most competitive supercomputers in the world to be placed in Kajaani, Finland

7 Jun 2019

CSC datacenter in Kajaani will host a pan-European high-performance supercomputer. The machine will be about...

innovation technology

Do Boards worry about innovation and technology?

31 May 2019

Innovation is a generic term for all new business creation. Right now, the need for inno...