It’s common knowledge that for a business to survive, let alone thrive, it must adapt to change.

Vapo Oy, one of Finland’s leading energy suppliers, is taking a head-on approach to evolving its practices to deal with change. Between critical factors of sustainability, climate change, government regulations and the ever-changing technology landscape, Vapo must stay on top of these issues and evolve accordingly.

In order to facilitate new practices and more efficient solutions, Vapo partnered with our company, Enfo Group, a full-service solution provider and IBM Business Partner.

The need to adapt to climate change

February is usually Finland’s coldest month, with temperatures averaging from -22° to -3°C (-7.6° to 26.6°F). For the communities Vapo serves, having reliable heat is critical, especially in Lapland where winter temperatures can drop to a staggering -50°C.

One of Finland’s main fuel sources is peat, a naturally occurring deposit resembling soil and comprised mostly of decaying organic material. Working with us, Vapo has begun to see the benefits of a more sustainable business model by changing how they utilize peat.

As of 2019, the Finnish government has enacted stronger environmental laws to combat the climate crisis. To shrink its carbon footprint, Vapo is looking to use peat even after it has been burned by turning it into activated charcoal. It can use this new material for both air and water purification, which in turn provides numerous benefits to its business, the environment and adhering to government regulations.

The future of energy is a sustainable business model

Our relationship with Vapo was established to help meet its long-term business goals, and that is the reason for using IBM Planning Analytics powered by TM1 to the solution. We were able to build an entire sales and planning environment based on ever-changing customer needs, as well as solution ops for Vapo’s different businesses that feed their planning models. Because of this, they are able to move from a legacy model to a sustainability model.

The results? Planning Analytics has reduced the complexity of the old models. This new model has already had an immediate impact on daily processes. In fact, as of 2019, Vapo was able to cut its processes by 50 percent.

Another immediate benefit of Planning Analytics is that Vapo can build a capable analytics console with powerful visual aspects that its artificial intelligence (AI) team can utilize. As a full-service solution partner, we will help in those decisions for the future of the business.

Supporting client journeys to AI and better decisions

IBM Planning Analytics powered by TM1 is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With a powerful calculation engine, this enterprise performance management solution helps users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results.

Enfo’s more than 100 employees provide services based on IBM services and solutions. An IBM Business Partner for more than a decade, our commitment to service excellence, skills development and customer satisfaction helped us achieve IBM Gold Business Partner status. We also achieved Expert-level competency in Cloud Integration and Development. Expert is a designation identifying business partners with the deepest capabilities and the highest competency levels.

A fruitful partnership for sustainability and AI

By partnering with Enfo, Vapo can use data and AI to help create a new business model driving profitability through sustainability. Through the partnership, Vapo is well-positioned to add AI capabilities like decision optimization for predictive analytics.

To put it simply, AI alone cannot save the world, but it can help predict the future; and it can create change by empowering organizations to react faster and make great decisions.

Watch executives from Vapo Oy and Enfo discuss technology for a more sustainable future:

Was this article helpful?

More from Energy and Utilities

The different types of renewable energy 

5 min read - Renewable energy, also known as clean energy, is produced from natural resources that are generated and replenished faster than they are consumed—such as the sun, water and wind. Most renewable energy sources produce zero carbon emissions and minimal air pollutants. Fossil fuels (oil, coal and natural gas) on the other hand, are finite resources and release harmful greenhouse gas emissions (GHGs), including carbon dioxide (CO2) and methane, when burned. They are widely considered to be the main causes of climate…

What is vegetation management? 

4 min read - When North America suffered its largest blackout, it cost upwards of USD 6 billion  and left 50 million people without power for up to two days. What caused the blackout? Overgrown trees that came into contact with a power line.   Beyond causing blackouts, overgrown vegetation can also cause soil erosion and water quality problems, disrupting both our economy and the environment.  Vegetation management aims to mitigate these risks. But what exactly does vegetation management mean? It involves promoting desirable, stable…

Save energy, decarbonize and transition to renewables while operationalizing sustainability

4 min read - Recent political and climate-related environmental events have impacted energy sourcing, supply and costs. The resulting energy crisis impacts all countries, industries, sectors and societies across Europe. Combined with imminent reporting requirements from the European Commission, saving and securing energy sustainably and moving to renewable energy sources equitably is imperative. The immediate energy crisis coincides with the equally crucial long-term journey to sustainability. A traditional management mindset could see this imperative as an onerous obligation that could cut into profitability. But…

IBM Newsletters

Get our newsletters and topic updates that deliver the latest thought leadership and insights on emerging trends.
Subscribe now More newsletters