MEET THE COMPANIES: INTRODUCING ELIKO

November 4, 2016

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Happy to introduce some of our most exciting companies. Get insights from Swedish, Finnish, and Estonian companies, speculating about the 2030 Smart City, the most interesting and emerging export markets, and the opportunities of accessing the unique SME2GO network. Full article here

INTRODUCING ELIKO 

Eliko is an electronics and software development company offering industrial R&D services in the Internet of Things related fields, based in Tehnopol Science Park in Tallinn, Estonia.

The company has developed novel technologies in indoor positioning and street lighting control – including Tallinn’s first smart street.

– Street lighting solutions and IoT applications based on smart infrastructure are one of our key business areas. We are currently actively looking to cooperate with new regions that are investing to reduce their costs and carbon footprint through more effective street lighting. Therefore, being part of SME2GO is an important opportunity for us to gain insights and develop partnerships with other cities and regions, says Liisa Parv, Marketing Manager at Eliko.

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Which export markets are you especially interested in and why?

– We have identified India as a key market due to the Indian government’s focus on smart cities. However, we generally see that investing in smart city solutions depends more on the city leadership than the overall country and therefore we are interested in identifying innovative cities across the world.

What’s your definition of a smart city? What will a smart city look like in 2030?

­– For me the concept of smart cities is closely related to the Internet of Things. The cities that use ICT technology as an enabler to achieve better quality services for their citizens and internal efficiencies in managing their city are, in my opinion, smart, says Liisa Parv and continues:

– By 2030, cities will certainly have tens or hundreds of thousands of connected devices from not only connected cars but also smart infrastructure like street lighting, smart water and waste management etc. The CIO of cities will become the key player to manage this wealth of information that is generated. In general, more and more city services will rely on inputs from sensors, risk management and predictive maintenance will depend on the analytics capabilities of the city. Successful smart cities will be able to prevent negative events instead of just reacting to them. Overall, the city will manage its resources better, and thus creates a safer and more comfortable environment for its citizens.

Back to the year of 2016, we’re really looking forward to meet Indrek Ruiso, Eliko’s CEO at the SME2GO Smart City meetup, taking place in a couple of weeks from now.

– We’re open to discussing ways to cooperate will all stakeholders. However, being an SME ourselves, we would appreciate finding company partners in other countries interested in our technology, Liisa concludes.

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