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project info
Start date: 1 January 2017
End date: 31 March 2019
funding
Fund: European Regional Development Fund (ERDF)
Total budget: 704 101,00 €
EU contribution: 282 015,00 € (40,05%)
programme
Programming period: 2014-2021
Managing authority: työ- ja elinkeinoministeriö, yritys- ja alueosaston rakennerahastot ja koheesiopolitiikka -ryhmä

IoT:sta business

The Internet is changing towards the Internet of Things (IoT) concept, where almost all devices are connected to a computer network. Various services, which today are still partly or fully delivered through physical access points, will also be transferred to the Internet. The same trend can also be seen in industrial equipment and facilities, as well as in the transformation of vehicles into service platforms. The EU needs sensors, embedded platforms, wireless and wired data transfer, software and databases. A huge number of devices are connected to the internet and can be controlled remotely via a computer network. Sensors collect data on devices and the environment and the collected data can be stored, for example, in the cloud where it can be analysed. Big Data from other sources and data analytics solutions can be used in the analysis. On the basis of the analysis, conclusions can be drawn and the equipment or other actuators concerned can be controlled automatically. Data security related to large amounts of data is one of the biggest challenges facing the industrial internet. As a result, cyber threats, on the one hand, and the requirements for cybersecurity research and development, on the other hand, continue to expand. Due to the constant change in the information society, the IoT development environments also need to be adapted to the real world changes and developments. At the same time, there is a need to produce and develop product development and testing services in support of industry and business to enable them to respond to the ongoing change in the business environment. To monitor and keep up with this continuous change and development requires specialists and a deeper increase in skills potential. The structure of the electricity market is changing, the use of renewable resources is increasing and electricity grids and vehicles become smart. These developments allow for a new approach to economic, technological and social efficiency and exploiting large-scale renewable energy potential. There are numerous solutions on the market, both free and commercial, which can be used as tools for developing new products. However, they are part-solutions — an easy-to-use comprehensive solution is needed as a platform for the development of IoT products. The underlying needs and current state of the project were examined with significant actors in the energy and ICT sector in the region. The study concluded that using state-of-the-art technologies has the potential to solve the information and its transmission issues that have so far been identified as challenging at different stages of the energy production and supply chain. New solutions are needed to increase energy efficiency and reduce logistics costs. The project will produce the following tulokset:1.Alusta and concepts for IoT product development, piloting, piloting and demonstration activities have been developed and implemented. The platform to be developed will be used during and after the project to develop IoT solutions in various industries.2.The project will develop and pilot existing and/or completely new IoT solutions based on the needs of companies to support companies’ business operations.3.New solutions for analysing and utilising Big Data have been developed. The project will develop secure methods for analysing large amounts of data from different sensors and thus guide production and vehicle systems in an optimal way. 4.A global understanding of the cybersecurity vulnerabilities of various IoT devices has been achieved and can be used to develop more effective protection methods for the IoT environment

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