Technology Industries of Finland - Key Sector Overview
Technology industries play a vital role in Finland's economy, representing the largest export sector with significant investments in R&D. This sector comprises sub-sectors like Mechanical Engineering, Information Technology, Electronics, Consulting Engineering, and Metals Industry. The demand for skilled employees with a technology or ICT background is on the rise, emphasizing the importance of higher education. Moreover, adaptability to continuous learning is highlighted as a key competence for businesses in this sector. Companies are also keen on hiring international talent in the coming years, indicating a dynamic and globally-oriented industry.
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Presentation Transcript
Technology Industries of Finland Technology industries is the largest and most important export sector in Finland 50% of total Finnish exports 6 billion euros annual investments in Finland 70% of total private-sector R&D investments 317 000 employed directly, indirectly over 670 000 Technology Industries of Finland has 1 600 member companies 19.2.2025 Technology Industries of Finland 2
Technology Industries of Finland Technology industries five sub-sectors MECHANICAL ENGINEERING Abloy, Cargotec, Kone, Metso Outotec, Meyer Turku, Normet, Patria, Ponsse, Valmet, W rtsil INFORMATION TECHNOLOGY Basware, Bilot, Capgemini, CGI, Digia, Enfo, F-Secure, Fujitsu, Gofore, IBM, Innofactor, Microsoft, Nixu, TietoEVRY ELECTRONICS AND ELECTRO- TECHNICAL INDUSTRY ABB, Ensto, Murata Electronics, Nokia, Planmeca, Polar Electro, Suunto, Vaisala CONSULTING ENGINEERING AFRY, A-Insin rit, Citec, Elomatic, Etteplan, FCG, Granlund, Neste Engineering, Ramboll, Sitowise, SWECO, WSP... METALS INDUSTRY Boliden, Componenta, Luvata, Outokumpu, Ovako, Sacotec, SSAB 19.2.2025 Technology Industries of Finland 3
Technology Industries Finland Skills Pulse 2021 19.2.2025 Technology Industries of Finland 4
Structural change in personnel increases the demand for higher education 19.2.2025 Technology Industries of Finland 6
of new employees should have studied technology or ICT 19.2.2025 Technology Industries of Finland 7
87 % of companies are interested in hiring international employees during the next four years 19.2.2025 Technology Industries of Finland 8
Ability for continuous learning is a key generic competence Which generic competences will become more important for your business in the coming years? 19.2.2025 Technology Industries of Finland 9
Digitalisation encompasses a wide range of skills and competences Business development Strategic renewal, digital business models, process development, digital enabling green, robotic process automation Software design, software development, software engineering, programming Data production and collection, data storage, data warehouses, data analysis and reporting, data management and data architectures Machine learning, data skills, natural language processing, robotics, supercomputers Processes and technology Software Data AI Cybersecurity 19.2.2025 Technology Industries of Finland 10
Green transition requires both business development competences and technical skills Business development Strategic development, change projects, process development, new business models, resource and production management, environmental standards Life-cycle thinking, impact assessment, footprint and handprint assesment, electrification, battery technology, energy storage, hydrogen Business models, life-cycle thinking, engineering design, material and production technology, material flows Production processes, hydrogen logistics, fuel cells,, power-to-X, research & consultation Low-carbon Circular economy Hydrogen technologies 19.2.2025 Technology Industries of Finland 11
How Skills Pulse was made? 1. An AI tool was used to identify individual skills and competences from job ads of our member companies, and how the skills and competences link to each other to form skills clusters . 2. Over 300 member companies participated to the crowdsourcing phase. In the crowdsourcing the companies assessed how important these skills and competences are for their business in the coming years. The participants could also add skills and competences that were missing from the AI analysis. 3. The AI was used again to gain insight into what kind of competences are linked to the top competences from the crowdsourcing in open access journals and in thesis work. 4. Companies were also asked to provide an estimate of the net gain or loss in their employees in the coming years. This was added to a statistical estimate of retirees to form an overall estimate of the need for new employees. 19.2.2025 Teknologiateollisuus 12
Contact us for further information! Leena P ntynen Director, Skills and Competence +358 40 130 6113 leena.pontynen@teknologiateollisuus.fi Touko Apajalahti Higher Education Policy Advisor +358 40 160 5006 touko.apajalahti@teknologiateollisuus.fi 19.2.2025 Technology Industries of Finland 13
