Welcome to our year in review for the WISE ecosystem! The WISE initiative is dedicated to create a wiser energy landscape by forming an ecosystem that will shape the future of energy. Join us as we delve into the key highlights and impactful moments that have shaped the WISE ecosystem in 2024.
Engagement and accomplishments
This past year has been an learning journey for the WISE ecosystem, marked by several achievements. One of our most notable accomplishments was the launch of the iHAPC Argon Power Cycle project. Another major milestone was the growth of the WISE ecosystem itself. We held over 500 meetings, engaged more than 330 employees, and saw significant interaction with our website, attracting 654 unique users. Our ecosystem partners have grown to 41.
Other achievements we are proud of include the approval of the Autonomous Plant program, the launch of WISE at EnergyWeek in Vaasa, and the introduction of a hydrogen-ready engine power plant. We also hosted a WISE Webinar on hydrogen and established the Energy Data Platform for co-creation. Finally, the WISE Annual Seminar was held in Helsinki, with a Net Promoter Score (NPS) of 9.2 out of 10, highlighting the positive experience of participating in the seminar.
Challenges and lessons learned
We have achieved significant milestones on our journey, though it has not been without its challenges. One key task is ensuring that participants in the WISE ecosystem align their objectives with the broader WISE vision.
By focusing on this shared vision, we can create mutually beneficial outcomes that drive innovation and success for everyone involved.
While WISE is a collaborative initiative that extends beyond Wärtsilä, we have noticed that many who engage with us anticipate Wärtsilä to join and invest in their projects. For these collaborations to be successful, it is important that the projects also offer benefits to Wärtsilä, in addition to the other parties involved.
Another challenge has been the limited time available to pitch the WISE ecosystem to energy companies and invest in our own R&D in Finland to share the funding opportunities that the WISE ecosystem provides. In the WISE Steco, we can also endorse projects where Wärtsilä is not investing, but another Finnish corporation is interested in co-innovation or co-research projects that enable the WISE vision. These corporations can, in turn, seek funding from Business Finland.
The proverb, ‘If you want to go fast, go alone. If you want to go far, go together,’ has been particularly meaningful to us this year.
The journey of the WISE ecosystem has underscored the value of collaboration and collective effort. By working together with our partners, stakeholders, and team members, we have achieved far more than we could have on our own. Our accomplishments are a testament to this collaborative spirit.
One key lesson we have learned is the importance of clear communication and setting specific objectives. By precisely defining our goals and expectations, we can ensure that everyone is aligned and understands our ambitions. The WISE vision video is one step in this communication effort.
Future priorities
As we look forward to the next year, we are driven by the opportunities that lie ahead. One priority will be on capturing co-innovation projects. These are crucial for achieving our long-term WISE goals.
We will also continue to enhance our communication efforts through webinars, workshops, newsletters and other engagement activities. These have proven to be effective in sharing knowledge, fostering collaboration, and keeping our community informed and involved.
Additionally, we aim to strengthen our collaboration with small and medium-sized enterprises with the help of Energy’s Next Business Lab. These relationships are vital for fostering innovation and ensuring that we leverage the diverse expertise and capabilities within our WISE ecosystem.
The lessons learned from this past year will guide us as we move forward. By working together and leveraging our collective strengths, we are confident that we can achieve even greater success in the coming year. Thank you for being a part of the WISE ecosystem, and we look forward to another year of innovation and progress.