Cities can become smarter by fostering trust and co-operation between themselves, local industries and research institutions.
The city of Oulu is the birthplace of more than a hundred mobile phone models. A city where first consumer smart wearables were made almost 40 years before the term was coined. A place that seems to breed innovation especially after the cold and dark winter has set in. A hub that has created technologies which are used daily by nearly 3 billion people. An ecosystem where dozens of companies continue to design handsets and smart wearables for both their own brands and global customers.
It is where product development units of leading chipset makers are working on variety of modems, sensors and processors required by the Internet of Things – in ever-smaller designs. Where forward-looking banks are today drawing on the local DNA to develop the services of tomorrow. Where 5G networks – and the astonishing data transfer rates, effective zero latency and superior reliability they offer – are already partly available for testing in, for example, a hospital environment.