Bittium

Trust, courage and innovation

R&D is high on Bittium's agenda; recent years bear witness to a significant investment in R&D for the company’s own products and solutions. Jari: “R&D is essential to our business. Last year, for example, 27% of our net sales went to R&D. That’s really high compared to European level figures. What we are talking about is having certain core competencies so that we are able to design, produce, modify and maintain the secure embedded technology that is inside a lot of products. We want to become a global player for solutions with complex environments for which trust, courage and innovation are the core values and fundamental as a key business driver, especially given the recent geopolitical uncertainty. We are expecting that it will truly support the growth of our company later on. We are witnessing the acceleration of technology development and IoT. This is visible in our engineering services.”

End-to-end medical technology solutions

In the Medical segment, Bittium provides healthcare technology products and services for bio-signal measuring in the areas of cardiology and neurophysiology as well as contributes to digitalising healthcare and services for an ageing population. It is interesting to note that a majority of the revenue actually comes from outside Finland. “End-to-end diagnostics is what we aim to achieve,” Jari explains. “We measure symptoms, the data coming from your heart or brain or sleep and by using medically approved devices and systems, we are able to summarise that data in a form that a doctor can examine for potential symptom areas and use the data history to make an analysis. In other words, information that can be used to target solutions. We see a really large market potential for that.”

Defence and security

Another key business line is Defence and Security. “Of course,” Jari concedes, “that’s not an area about which we are able to go public, as it were, on all the innovations in which we are involved. It’s sometimes very challenging for us to talk about those services since there is quite a degree of secrecy. But I can say that we are dealing with the defence and security, not with the warfare itself. We focus on Communications – making software-based, software-defined radios, providing the tactical communications solutions for a number of customers such as the Finnish Defence Forces and located in Estonia, Austria and lately in Croatia.” Complementing its tactical communication solutions, Bittium offers proven information security solutions for mobile devices and portable computers such as information security-related innovations like a smartphone that is one of the few security-certified mobile devices around.