HCLTech and Business Finland Join Forces for Technology Collaboration

In a significant move, HCL Technologies from India has entered into a collaborative agreement with Business Finland, the Nordic country's premier agency for trade and investment promotion. The collaboration is set to focus on the realms of generative artificial intelligence (AI), space, and quantum technologies.

"The partnership will enable Finnish companies to leverage HCLTech's innovation network, eSTiPTM, featuring over 1,500 startups, 14 venture capitalists, 16 trade commissions, and five academic institutions globally."

Strengthening Ties in the Nordic Region

This strategic partnership enhances HCLTech's footprint in the Nordic region, marking a continuation of its presence in the area for over 15 years. Through this collaboration, the company anticipates gaining early access to emerging technologies and innovations emanating from Finland.

Kalyan Kumar, Global Chief Technology Officer and Head of Ecosystems at HCLTech, expressed the company's commitment to fostering growth for clients and startups by facilitating digital innovation solutions. He highlighted the alignment of innovative technology solutions with clients' needs, emphasizing the creation of a robust business ecosystem for mutual growth.

"We are delighted to collaborate with Business Finland to bring the latest Finnish startup technologies, like Gen AI, quantum technologies, and space technologies, to the global market."

Empowering Startups with Global Reach

Business Finland, renowned for funding innovation and trade, boasts a team of over 700 experts operating across 40 global offices, including 16 in India. The collaboration aims to explore joint initiatives that empower startups by providing them with valuable trends and insights on emerging technologies, subsequently aiding in the global marketing of their solutions.

Juuka Holappa, Commercial Counselor of the Finnish embassy in Delhi and Country Director at Business Finland India, emphasized the significance of companies like HCLTech in supporting the global growth of Finnish startups.

Holappa outlined the partnership's dual objectives: showcasing the best of Finnish technology to HCLTech and its clients while simultaneously supporting startups in expanding their presence and becoming leading technology providers across diverse industries.

Key Figures and Outlook

• HCL Technologies and Business Finland's collaboration centers on generative artificial intelligence (AI), space, and quantum technologies.

• HCLTech's innovation network, eSTiPTM, offers Finnish companies access to a vast ecosystem of startups, venture capitalists, trade commissions, and academic institutions.

• The partnership strengthens HCLTech's presence in the Nordic region, fostering early access to emerging Finnish technologies.

• Business Finland, with over 700 experts globally, aims to empower startups through joint initiatives that provide insights into emerging technologies and global market opportunities.