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Press Release

Cargotec participates in DIMECC's new ecosystem to accelerate digitalisation

19/12/2017

CARGOTEC CORPORATION, PRESS RELEASE, 19 DECEMBER 2017 AT 9.15 AM (EET)
 
Cargotec participates in a new ecosystem launched by DIMECC Ltd, an innovation hub for digitalising industry in Finland, where leading Finnish companies refine new products and services out of data. The vision of the Connected Industry Ecosystem is to transform rapidly increasing data into creative new business. The ambition is, for example, to apply artificial intelligence to companies' activities and build platforms and standards to enable data sharing between the participants.
 
"Digitalisation is one of Cargotec's strategic must-win battles, and it is natural and important to us to be part of industry ecosystem that aims to develop it. We have plenty of previous experience from similar collaboration efforts. For example in 2016 we, together with leading maritime industry and ICT companies, started work to establish world's first ecosystem aimed at creating autonomous marine transport system to the Baltic Sea by 2025," says Tuomas Martinkallio, Director, Digital Service Enablers, Cargotec.
 
"Already now, our business areas Kalmar, Hiab and MacGregor have produced a number of significant digital solutions. With this cooperation effort we believe that new innovations will emerge in this area. In a logistics process, an efficient sharing of information will open new opportunities to optimise supply chains. Without support from an ecosystem, a single actor would not succeed in this."
 
Harri Kulmala, CEO of DIMECC, emphasises the importance of intercompany cooperation: "The Connected Industry Ecosystem brings together leading machine builders and leading providers of digital solutions, components and services. We want to be in the front line of connected industry where traditional supply chains are replaced by systemic value creation, while digitalisation supports the emerging of new business."
 
In addition to Cargotec, also Fastems, HT-Laser, Konecranes, Nokia, Ponsse, Prima Power, Raute, SSAB and Tieto take part in the ecosystem. The ecosystem is funded by the participating companies and Tekes.
 
For more information, please contact:
Tuomas Martinkallio, Director, Digital Service Enablers, Cargotec, tel. + 358 50 433 6681, tuomas.martinkallio@cargotec.com
Harri Kulmala, CEO, DIMECC Ltd, tel. +358 40 840 6380, harri.kulmala@dimecc.com
Essi Huttu, Director, DIMECC Ltd, tel. +358 40 840 9259, essi.huttu@dimecc.com
 
DIMECC Ltd is an innovation hub for digitalising industry in Finland, bringing together top expertise from research and industry. www.dimecc.com
 
Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec's sales in 2016 totalled approximately EUR 3.5 billion and it employs over 11,000 people. www.cargotec.com