7signal is the Business Incubator Company of 2009
7signalHelsinki-based 7signal Oy, a technology company specialized in quality monitoring of wireless networks, has been chosen as the Business Incubator Company of 2009. Highly commended in the competition was Mikkeli-based A. Graveolens Ltd. which has developed an innovative "ceramer", a non-combustible and non-toxic alternative to traditional plastics and polymers.
The Business Incubator of the Year awards were presented in Espoo on Friday. The competition, which was now held for the sixth time, highlights the most interesting growth-oriented companies in technology incubators. It is organized by the Finnish Science Park Association TEKEL and TEKEL's Business Development Team. According to the jury 7signal Oy has identified a growing market in the proliferation of wireless broadband networks.
- The demand for quality monitoring of wireless networks is clear, and the worldwide market opportunities are considerable. 7signal Oy impressed the judges with its single-minded and systematic development, which is evident in such things as the make-up of its team and in the procurement of finance and other resources. The company has also taken great advantage of the assistance offered by the incubator, says the Chairman of the panel of judges, Olli Mankonen.
7signal is a technology company which ensures the constant quality of business-critical wireless broadband networks. Wireless networks, which are required to have unconditional performance, are for example those used in the monitoring of operations at airports and seaports, and when a doctor is using it to monitor a patient's vital functions. 7signal's monitoring system measures the network's performance, service level and the operation of applications that are utilizing it.
- The business idea is based on the solution of a major, growing problem. The product has been produced in an innovative way which is worth protecting, and there is a clear global market for it. Not even the major players in the industry have an answer to this challenge, says Mikko Kaarela, the Development Advisor at Technopolis Ventures Oy.
The potential has also been noted elsewhere in the world. For example, in January 2009 the internationally-renowned Red Herring -magazine selected 7signal as one of the world's 100 most promising technology companies.
Ordinary plastics and polymers burn easily, thus producing large quantities of combustion gases and heat. Traditional solutions are being replaced by an innovative "ceramer" developed by A. Graveolens Ltd. It is a non-combustible, non-toxic, light and breathable alternative.
According to the jury, this highly commended company has made excellent progress in the commercialization of its innovation based on the expertise of the company's founder. This young, but rising company has proceeded rapidly to commercial applications in major business sectors.
www.7signal.com
www.graveolens.fi
