Software development solutions provider Nortal and VTT will begin developing
advanced practical solutions for analysis of large amounts of data, known as
big data, targeted at industrial companies. The global big data market is
expected to undergo annual growth of up to 27 per cent.
VTT and Nortal see rising potential in big data technologies, and extensive
customer interest both at home and abroad. The potent combination of research
and rapid business evolution will give the two companies an effective way of
serving their customers in the development of digitalised businesses.
Both see the anticipated strong market growth as the starting point for the
creation of a new kind of technology architecture, one that will allow digital
services to be based on a variety of aspects drawn rapidly, even in real time,
from a vast amount of data.
Nortal is a software development solutions provider focusing on industry, with
expertise in gathering large amounts of data using the Apache Hadoop platform,
supplied by partner Hortonworks. The company also has experience in gathering
analysis results, reporting and visualisation for both private and public
“This cooperation will strengthen our big data offering and know-how even
further. With the support of VTT and Hortonworks, Nortal will be capable of
offering and delivering a comprehensive Big Data solution, ranging from data
collection right through to visualisation. With the world in sore need of
specialists in the analytics of large amounts of data, we are delighted to
have VTT as our partner,” says Timo A. Rantanen, Nortal Business Area Director.
VTT will be focusing on advanced data analytics and management of large masses
“VTT is a pioneer in real-time data analytics. Our new strategy also
emphasises exploiting large amounts of data in the industrial internet. We
consider it vital that consolidation of our high-level technological research
takes place alongside the customer’s business. Cooperation with Nortal also
gives VTT an opportunity to identify new research challenges,” says Tuomo
Tuikka, Head of Research at VTT's Digital Systems and Services.
The parties see a growing number of opportunities in big data technologies, as
well as burgeoning customer interest at home and abroad. By combining research
with rapidly evolving business, Nortal and VTT will be working together to
best serve their customers in digitalised business development.
The major transition now under way is driven by the progress in business
digitalisation and the industrial internet. The business benefits are being
sought from services related to information processing.
Today’s Internet carries more data in one second than was contained in the
entire Internet of 20 years ago. On average, business connected with big data
is expected to grow six times faster than the ICT market. Research firm IDC
estimates that the big data market will grow annually by 27 per cent, which by
2017 would give it a value in the order of USD 32 billion.
Nortal Oyis an international high-end software development
solutions and on-line services provider in public and private sector. Nortal’s
success is built on long-lasting customer relations, understanding customers’
business processes and successful deployment of mission-critical solutions and
services. Company's customers include Neste Oil, Ruukki and the Finnish Tax
Administration. Nortal operates in four locations in Finland: Oulunsalo,
Helsinki, Turku, and Uusikaupunki.
Nortal is the biggest software development solutions provider in Baltia and
one of the fastest growing software companies in Northern Europe. Nortal
provides software solutions to customers in Nordic Countries, Baltia, Russia,
Middle East and Africa in Telecom, Finance, Industry, Logistics, Health care
and Public sector. Total turnover of the whole Nortal Group in 2013 was 37