Artificial intelligence business opportunities in Helsinki
Why look at AI offering in Helsinki?
Investors:
- High-quality startup deal flow
- Global expansion of portfolio companies
Corporations:
- Best possible R&D partners and ecosystems
- University & research center collaboration
- Product development opportunities
- Unique piloting platforms
- Funding
High-growth startups:
- Right kind of talent
- Pilot customers
- Product development opportunities
- Global expansion
- Funding
Finland offers world-class capabilities in human-centric and ethical AI:
- Top-level education and research
- Open data
- Skilled talent pool
- Tech-savvy society
- Dynamic AI startups
- Real-world applications of AI by companies
- National AI program
All of these together create an exceptionally vibrant and attractive innovation environment to develop new solutions for the global market leveraging the AI expertise from Finland. Helsinki has what it takes to meet your needs in the AI space – and we’re here to help you find what you are looking for!
Within artificial intelligence, we’re especially focused on
Finland is a superpower in leveraging the possibilities provided by artificial intelligence
Finland’s high level of education and decades of research in machine learning and signal processing have formed a solid basis for the Finnish AI know-how and development.
- Finland initiated a national AI strategy among the first countries in the world.
- Finland created an action plan to boost education and research in the field of AI.
- We are actively exploring how AI can create new economic growth and thereby promote wellbeing.
- Finland has accelerated AI development and utilization by
- providing access to more efficient and inexpensive computing capacity
- increasing growth of the volume of data available to artificial intelligence
- emphasizing the development of algorithms.
Finland is a powerhouse for machine learning and computer vision:
- Finland has a long tradition of research in this field.
- Strong capabilities to apply the latest machine learning solutions and algorithms to products and services, as well as combine them with other technologies.
- Machine learning has for example been combined with software robotics and hyperspectral imaging.
- The industry uses computer vision solutions widely, and several technology companies are applying AI to their computer vision and video- or image-related products.
In addition, the national AI Business program aims to make Finland the best place to research and develop artificial intelligence and platform economy. Since 2017, over 300 AI companies have received about EUR 200 million in additional funding in total.
We serve several industries with our AI expertise
Read more about some of the industries that our AI expertise serves:
Helsinki is the Northern European hub for life science and health tech innovations, business development and collaboration. Tomorrow’s energy solutions are created in Helsinki with expertise in next generation smart grids, 5G test networks, IoT and AI. The creation of new smart mobility solutions has been made easy in Helsinki and artificial intelligence plays a key role here.Healthcare
Smart energy
Smart mobility
Find circular economy business opportunities in Helsinki and lead the way towards solving global sustainability challenges. Helsinki region combines the volumes, know-how and resources to succeed in the global smart maritime market. Helsinki is one of the most functional cities in the world and outsmarts other cities with its thorough approach to ecosystem development.Circular economy
Smart maritime
Smart city
A free online course “Elements of AI” has already trained more than 2% of the entire Finnish population on the basics of artificial intelligence. It is now followed by “Ethics of AI” course, also available for everyone.
Benefits of working with our ecosystem
Finland has always been a pioneer in new technologies. The Finns form a tech-savvy society that is not afraid of new technologies and innovations. We have a culture of trying out new technologies in the early phase and learn from experimentation. Our industry has a way of working together and learning together as an ecosystem. We have an exceptionally strong innovation ecosystem in AI.
Faster time to market
We have the leading European R&D infrastructure which you can utilize to speed up your AI R&D and to support commercialization. When you want to ensure good product-market fit, Finnish companies are early adopters of new technology and can serve as valuable pilot customers and testbeds for new AI solutions.
Complete ICT value chain
We have a complete value chain for AI from R&D to software development, algorithms, hardware design and manufacturing, testing, procurement, and commercialization. In addition, the Finnish CSC offers free supercomputing capacity for research organizations.
Open data for AI
In Finland, the availability of data and its quality are excellent. Finland provides access to data for AI research and development, e.g., biobanks, open data, SITRA IHAN etc. We have a strong and active data sharing culture also in the early adopter B2B industries, e.g. DIMECC One Sea.
Reduced fear of AI
Finland has reduced fear in AI through AI literacy across citizens and employees which speeds up AI deployment in business and in society. We also focus on using AI for ethical and human purposes to augment human performance.
Technically skilled workforce
We can provide highly talented English-speaking workforce with remarkable technical skills in especially optics, machine learning, graphics, coding, mobile technologies and UX design.
Cost effective resources
Finland has the second largest number of AI experts per capita in Europe, and here you can hire top talent in AI R&D at globally competitively price and a fraction of the cost of the Silicon Valley.
Stable society
The Finnish society works, and we have a very reliable business environment here. We are also the happiest country in the world: a safe and nice place to live with clean nature and air. Helsinki is one of the smartest cities in the world.
Less risks
Your IPR is globally secure here. We are the least corrupt country in the world, and we have exceptionally strong cyber security capabilities. The Finnish society has also effectively dealt with the COVID-19 pandemic.
EU data compliance
Finland has the General Data Protection Regulation (GDPR) compliance and CE certification for “made in EU” AI solutions that can be sold to the EU trade zone customer base.
Helsinki has the most globally connected local ecosystem.
Helsinki is famous for bringing together the whole ecosystem in the AI development projects: private and public sector, academia, applied R&D organisations, and citizens. It’s a great place to pilot and test new AI innovations that lead to globally scalable business solutions.
Helsinki is supercharged with AI startups and a vital R&D ecosystem
Startups have a major role in the Finnish AI landscape. There are over 400 AI startups in Finland and the top 30 companies ranked by the Finland’s Artificial Intelligence Accelerator (FAIA) are doubling their growth each year.
The number of people working at AI startups in Finland increases by approximately 33% each year. Startup Genome has identified the Helsinki area as one of the most significant AI ecosystems in Europe, along with London and Berlin.
In Helsinki, AI startups are able to quickly test new technology in real-world environments – with strong support from the public sector and society in general.
Helsinki is on top of global rankings
#1 in availability of scientists and engineers
Global Competitiveness Index
#2 in integration of digital technology
European Commission, Desi 2018
#3 Digital Economy and Society Index
European Commission’s Digital Economy and Society Index 2018
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