The money will be used to develop the infrastructure and machinery of the campus, Aalto University writes on its website.
The plan is to invest in the development of both digital and physical infrastructure. Examples include a smart crane from Konecranes, an automation system from ABB, and the deployment of a 5G network.
The investment is considered a significant acknowledgement of the campus’s role in the research and innovation strategy of Aalto University.
According to Mr Jari Juhanko, the AIIC’s newly appointed Chief Operating Officer, there is a great need for multidisciplinary research in the field of Industrial Internet, which is often heralded as the next industrial revolution.
“For that purpose, the AIIC offers an ideal playground with technology and skilled tutors,” Juhanko said. “Together with partner companies and students we are ready to start quick experiments to develop products and services connected to the Internet.”
In addition to Konecranes and ABB, the other partner companies of the AIIC are Wärtsilä, Elisa, and Ideal PLM.
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