According to some estimates, by the end of the current decade, seven billion individual devices and 30 billion industrial, logistics and monitoring and control system devices will be connected via the internet.

Mobile-integrated, device- and individual-based information technology is changing, more and more rapidly and extensively, people’s day-to-day lives, corporate management and business models. Digital production processes are replacing human workforce in people-dominated industries. Digitalisation is changing the nature of work and enhancing the efficiency of data acquisition and processing.

Digitalisation brings opportunities to improve the profitability of operations and creates a wide range of new e-services. On the other hand, an integrated network of everything can become an avenue for targeted attacks, in the most extreme case, a weapon in cyberwarfare. This also imposes specific cybersecurity requirements on Fingrid’s IT systems.

From Fingrid’s perspective, digitalisation enables even more productive operational processes, better customer service and more efficient sharing of market information. It also provides new tools for managing a changing and increasingly complex power system. Smart grid technology opens up new business opportunities for both current and new operators and, in turn, shapes our customer field.

Digitalisation also makes a change in working methods possible. However, combining varied personal expertise and experience with collective skills demands more of the entire work community and, above all, of our management practices. 

Fingrid’s role in the consumption of electricity production