Focused on the Future
Metso is expanding from a traditional
machine supplier to a comprehensive
supplier of know-how services and customers' core processes. We focus
on improving the efficiency, quality and competitiveness of
our customers' core processes by supplying value-adding solutions
and services based on our strong RTD, engineering and manufacture
Metso's transformation from an equipment supplier into a knowledge-based
technology company means that Metso will increasingly not
only supply machines but provide customers with technology
and solutions aimed at improving the performance of customers'
industrial core processes.
The growth of Metso Minerals by acquisition was the most significant
technology event of 2001. It added entirely new technologies
to Metso's technology portfolio and made Metso into a full-scope
supplier of rock and minerals processing technology. It offers
Metso the opportunity to develop into a technology leader
and industry shaper in minerals processing as well as fiber
and paper technology.
Technology management was strongly developed during 2001 with
the aim to establish a Metso way to operate. The technology
strategy, executed by the technology board, establishes common
focus areas for technology development. This ensures that
resources are allocated in a justified manner. The new technology
metrics, to be introduced in the beginning of 2002, provide
an objective way of assessing the output of the specified
technology input. Focused technology development is aimed
at helping Metso to attain its profitability targets.
The year in review also marked significant progress in implementation
of synergies between Metso Minerals and Metso Automation.
Applications of embedded automation and remote service technology
to rock and minerals processing were developed in several
projects. The work continues.
Information and communications technology are inextricably
involved in Metso's transformation into a provider of process
solutions and performance. Remote service applications play
an important role in implementation of the Metso Future Care™
business concept. The concept calls for life-cycle technology,
which represents the most significant growth potential for
Metso. The new remote diagnostics centers in Jyväskylä and
Tampere serve pulp and paper industry customers worldwide.
Eco-efficiency is another integral element of Metso's technology
development. In 2001, Metso was re-selected for the Dow Jones
Sustainability Index World and was selected as a component
of the new European sustainability index. Eco-efficiency of
Metso technologies is evaluated through life-cycle assessments
carried out with customers and partners. The results are utilized
in product development in all the business areas.
New technology areas singled out for focused Metso development
are materials technology and industrial design, with development
programs starting in both areas in 2002. Innovations and solutions
in these areas will play a significant role in the implementation
of the Future Care business concept.
Metso wants to support and maintain the competitiveness of
its customers' core processes through lifecycle commitment.
This presents us with exciting technology challenges and new
opportunities to implement RTD through increasingly close
development collaboration with our customers.
In the end, increased productivity and efficiency of our customers'
processes is the decisive test of our new technology solutions.
Senior Vice President,
Metso wants to be knowledge-based technology company. The transformation from a machine supplier to a networked
performance provider means that importance of information technology grows in Metso's technology portfolio.
Technologically, this reguires embedded intelligence in products ant IT-based business applications.