2019 is soon fading away, and with this, it is time for me to look back at what we have achieved during this last year and what is coming in 2020 for Altum Technologies.
Before continuing, I’d like to say how much I appreciate our customers and employees. Thanks to their incredible efforts, professionalism, and innovations, I can share this story. The camaraderie of our group and the perfect mix of experienced technical and business profiles have impacted our internationalization and product development positively.
One of the most significant milestones marked this year was the company’s first and official entry to the US market. Although it was a challenging process, the market entrance was worth it. Our office is located in sunny Las Vegas, which enables us to stay closer to our current North American customers and, of course, fosters the relationships with the potential ones.
In addition to our new office in the USA, our team in Helsinki grew from 25 employees to 30. We are planning to continue our growth in the year 2020 with new additions in both technical and business fronts.
More value for our customers
Our patented technology is continuously evolving, and thanks to our team of innovative professionals, we were able to provide our customers with remarkable results. This year Altum’s team did several installations around the world, including Europe, the US, and South Africa. Altum Series, our solution, helped our customers gain more production output and improvements in energy efficiency as well as minimized quality issues. Moreover, our customers receive the monetary value in tens of millions of euros.
New industries and successful customer cases
This year opened new doors for us in the industrial world. The benefits of Altum’s fouling removal solution received a startling demand in the food production, mining, and pharmaceutical industries. We also had a fruitful partnership with one of the Japanese industry giants, which showed the efficiency of our technology. The results of these customer cases will be shared at the beginning of 2020, so stay tuned. 😉
New green investments
In 2019, Altum Technologies was selected as the youngest company ever to be financed by The Nordic Environment Finance Corporation (NEFCO), which reflects our values and supports our commitment to sustainability. The goal of Altum’s solution not only to eliminate the use of toxic chemicals and interrupted mechanical cleanings, but also to help our customers’ green journey in improving their energy efficiency, and to provide them with better production quality and the increased output.
What to expect in 2020?
Our current customers have seen how many different tangible benefits Altum Series can provide. It is eye-opening once fouling doesn’t cause bottlenecks or inefficiencies in the process. Customers start to understand the big picture of benefits our systems can give once production output increases, the energy efficiency of the whole process increases, and end-product quality improves. It has taken time for markets to wake up, and forerunners are enjoying the competitive edge only Altum can provide. For sure next year, we will have more customers waking up to the value that they can also harvest by using Altum Series.
That’s all for this year! I want to thank everybody engaged in Altum’s growth, and I am looking forward to working next year to provide an even more unique value to you and your company.