New Delhi/Hyderabad, October 15, 2024 – Cyient is a global Intelligent Engineering company. It has signed a memorandum of understanding (MoU) with Business Finland. The aim is to promote technology innovation in emerging fields. This strategic partnership will target the advancement of cutting-edge technologies. These include 5G and artificial intelligence (AI). It also focuses on sustainability solutions, space technology, and robotics.
The partnership aims to foster cooperation between Cyient and Business Finland. It leverages Cyient’s strong presence in Europe, particularly Finland. The goal is to connect with the Finnish innovation ecosystem, including startups. Business Finland is Finland’s government innovation and international trade organization. It will support joint market initiatives. These initiatives aim to expand global access and visibility for Finnish businesses.
Gitta Perez, Director of Middle East & India at Business Finland, expressed her excitement for the collaboration. She stated, “Through this partnership, Finnish businesses will gain access to Cyient’s extensive network. This will create significant market opportunities. We are eager to strengthen Finland’s leadership in cutting-edge technology and support the growth of digital industries.”
Jusa Susia, Senior Director at Business Finland, added, “This collaboration aligns with our mission to foster global technological advancement. It also promotes sustainability. We are well-positioned to generate new opportunities in digital sectors with Cyient.”
Cyient’s strategic acquisitions and focus on sustainability in the Nordic region further align with the partnership’s objectives. This alignment will allow Cyient to access Finnish technology and innovation. As a result, they can enhance their market presence.
Rajaneesh Kini, President & Chief Technology Officer of Cyient, emphasized the potential of the collaboration. He said, “This partnership is a pivotal step toward integrating Finnish innovation into our global strategy. It enables us to co-create solutions for global challenges and deliver value to our customers.”
This initiative comes as Finland is recognized as the world’s happiest country. It has received this recognition for the seventh consecutive year according to the UN World Happiness Report. Its trust-based and innovation-friendly environment provides an ideal setting for groundbreaking technology development.
Cyient and Business Finland’s partnership marks a significant step toward advancing the digital and sustainability sectors on a global scale.
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