Business Finland, Cyient sign MoU to collaborate in advancing technology innovation

This strategic partnership aims to foster joint initiatives focused on cutting-edge technologies, including 5G, AI, sustainability solutions, space technology, and robotics, a press release said

Hyderabad: Business Finland and Cyient have entered into a memorandum of understanding (MoU) to collaborate in advancing technology innovation.

This strategic partnership aims to foster joint initiatives focused on cutting-edge technologies, including 5G, AI, sustainability solutions, space technology, and robotics, a press release said.

The MoU aims to facilitate cooperation opportunities between Cyient and Business Finland and will leverage Cyient’s strong presence in Europe, especially in Finland, and a robust platform to work with the Finnish ecosystem, including startups. Business Finland will enable a joint go-to-market to enhance market access and visibility.

Gitta Perez, Director of Middle East & India (Region Head) at Business Finland, said, through this partnership, Finnish businesses will have access to Cyient’s wide network, creating enormous market prospects.

Cyient’s focus on the Nordic region, underscored by recent strategic acquisitions and a commitment to sustainability, aligns perfectly with this partnership.

“We see tremendous potential in partnering with Business Finland to explore emerging technologies and innovations,” said Rajaneesh Kini, President & Chief Technology Officer, Cyient.