DENMARK: Danfoss plans to open a new centre in Copenhagen dedicated to developing inventions for future IoT, connected products, cloud-based solutions and applications.

The new software solutions hub will be located at Scion DTU science park, part of the Technical University of Denmark.  The science park currently hosts more than 200 companies and organisations.

Comprising approximately 180,000m², Scion DTU can give as many as 200 companies access to various high tech facilities and laboratories as well as business and innovation consultants and other shared services.

Danfoss says it will station around 15 of its software experts in the hub and they will be working with people from the company’s cooling and heating segments.

“We want to take advantage of the countless opportunities offered by digitalisation to deliver increased value for our customers. The competence centre is another initiative to fulfil that ambition,” said Danfoss executive vice president & COO Kim Fausing.

Danfoss claims to have invested 4.2% of net sales in innovation last year (around €220m).

“This is a logical next step for us in building a framework for accelerated software development. Focus is on digital prototyping, designing, developing and deploying Danfoss software solutions for mobile, web, desktop and application programming interface,” said senior vice president & CIO Peter Martin. “This is an exceptional support to our One Danfoss IoT platform, to enable connected products, cloud solutions and data access by apps.”

“By locating our software hub at DTU we are also leveraging high added value technologies like artificial intelligence (AI), data analytics and predictive maintenance (PdM). It will allow Danfoss to create unique value for our customers,” added André Borouchaki, senior vice president & CTO.

In October, Danfoss opened another hub in Berlin for developing and testing new, digital products and possible business opportunities in digitalisation and IoT.