Showing posts with label tech. Show all posts
Showing posts with label tech. Show all posts

Thursday, April 17, 2014

ICT Future of Finland in next decade


-Suraj Neupane, March 2012

It is the ICT (information communication technology) changing phase with more frequency; however, it is well linked with the value chain in business process for the competitive advantage. Considering, Finland’s strong foundation in education, research and development we can forecast the upcoming decade of glory. The expertise develop in sustainable business concept have open the boundary less opportunities in ICT for providing the infrastructure in eco-friendly and emission less society.
On the other hand, software, hardware and networking will be a core business playing its vital role for the growth of the IT based companies. By the time, some company will go for merger looking for venture capital and presence in international market. Lately, the retailing businesses have gone online providing entrepreneur a new platform to reach their costumer which will shape the future way of doing business in Finland.
State funded education with best skilled manpower and infrastructure is the well known characteristic of Finnish education system. Eventually, this will lead to the development of knowledge based community which will be more competitive and productive. R&D project will be focus on innovation, new product design and adding the value of existing product. ICT education (curriculum) will focus in producing market experts who will be both work as consultant on Finland and foreign market.

Those expert, will work for the sustainable business; the new concept where businesses are more eco-friendly, efficient and effective. The role of ICT will be finally linked with these new opportunities. For illustration, a wind turbine in remote place will use sophisticated software for the best performance. Likewise, more and more software and hardware devices will be installed in industries for the optimum utilization of the resources.
Beside these, the focal point of ICT will be the software, hardware and networking. Mobile application and 3D games will be the leading software areas whereas mass data storage for the client like banks, companies and individual (cloud computing) will be the growing hardware business. Furthermore, Internet will be accessible with more devices linked together in the network.
 Finland is exceptionally home of large number of software companies meaning graduate from the university will have a platform to show their competitiveness. In a global prospective by 2021, the influencing sector of development will be the software, where demand from the emerging market is of huge appetite.
ITC companies are the master of the universe, they hold the huge assets, sometime more than a country’s reserve. Being expertise in certain small area with large costumer portfolio make those big companies to bid on successful smaller one. These are many times a balance of take and give rather than a humiliating take over. This process provide with opportunity on both side where small companies will have a financial resources and supply chain in global prospective. On the other hand, bigger companies will exploit the patient right which will increase the service quality. By the coming decade in Finnish ICT companies this scenario will be commonly practice.

The most exciting and successful business concept is online. Dot com boom at the beginning of the millenium have sets its foundation and have a business potential for future. Talking with the structure of Finnish society where more than 80 percent of population is online this concept works at its best. Almost all the company have gone online for support of their business and many companies functions virtually for the sales of their product. This idea works well with cost efficiency and wide costumer reach in the future as well.

Thus development of ICT in Finland will be more or less depending on argument above. These factors will be certainly playing a role in global prospective. Finally, we can argue that Finland with its best IT infrastructure will play a role model for rest of the world and will lead in the sector of ICT for the prosperity of mankind.
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