Pöyry connects energy utilities and European start-ups on a digital platform to build the energy bu

Pöyry connects energy utilities and European start-ups on a digital platform to build the energy business of tomorrow

ID: 566999

(Thomson Reuters ONE) -



Pöyry PLC Press release 7 November 2017 at 12 noon (CET)

Energy industry is currently one of the most dynamic sectors globally.
Established utilities are rebuilding their businesses while start-ups are
looking for partners to scale up their innovative ideas. It is essential for
utilities to tap into innovation ecosystems, invest and find the missing link
for their growth plans. The new digital Pöyry Innovation Link platform enables
exactly that.

Technology developments and decentralised energy supply pose considerable
challenges to the industry, while start-ups and new entrants from other sectors
can offer opportunities or even substitute and disrupt the business of
established energy companies.

"Utilities have two choices - either to connect with the disrupters of the
energy business or be disrupted", highlights Robert Schwarz, Principal at Pöyry
Management Consulting. It is essential for them to monitor the industry trends
and ideas to stay ahead of the game.

In the past, utilities have been launching international incubators or using
open innovation platforms to find new solutions. As more effective measures are
now needed, they are sourcing disruptive ideas and solutions from the
international and digital start-up community. However, finding the best ideas
and business cases can be a time-consuming challenge.

With Pöyry Innovation Link, utilities or venture capital investors have an easy
access to a marketplace-evaluated energy ecosystem and approximately 500 energy
related start-ups in more than 20 countries. The platform helps them to connect
with start-ups, monitor innovation landscape and foster new energy related
ideas.

Juliane Schulze, Head of Vattenfall's Open-Innovation-Plattform green:field
appreciates the functionality and content of the service, saying, "Pöyry




Innovation Link is easy to use and a very efficient way to identify fruitful
ideas for green:field."

The platform also adds value to start-ups. Ewald Hesse, CEO of Grid Singularity
says: "Pöyry Innovation Link connects founders with the industry while helping
to communicate our new business ideas in the market - a true link."

Pöyry Innovation Link offers:

* an exhaustive, up-to-date start-up profile database that aggregates public
information and Pöyry insights
* a focused and extremely efficient search engine to narrow down the dynamic
start-up landscape and identify desirable partners that match strategic
business goals
* innovation categories that simplify the process of discovering emerging
trends in the industry
* search functionality by business stages, categories, markets and business
challenges

Companies have free, limited access to test the service and its business
benefits. By entering the subscription-based community, they will get the full
advantage of the unique insight and strategic data in the database.

More information and access to the platform: www.poyry.com/PIL.

The service, which is part of the growing #PoyryDigital offering, will be
presented during the #ENERGY4.0 conference in London on 9 November.

Contact
Robert Schwarz
Principal, Energy, Pöyry Management Consulting
robert.schwarz(at)poyry.com
+49 211 17 52 38 0

#PoyryInnovationLink

Did you know? By combining its insight with data from energy incubators,
accelerators and European innovation programs, Pöyry can offer a unique digital
platform with information on approximately 500 energy start-ups and help to
connect ideas in the sector.

About Pöyry
Pöyry is an international consulting and engineering company.  We deliver smart
solutions across power generation, transmission & distribution, forest industry,
chemicals & biorefining, mining & metals, transportation and water. Pöyry's net
sales in 2016 were EUR 530 million. The company's shares are quoted on Nasdaq
Helsinki (POY1V). Approximately 5500 experts. 40 countries. 130 offices.

www.poyry.com



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Pöyry Oyj via GlobeNewswire




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Datum: 07.11.2017 - 12:00 Uhr
Sprache: Deutsch
News-ID 566999
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