System model for calculating mine profitability
A new system dynamic model makes it possible to plan the profitability of mining operations with greater precision than before. Researchers in business at LUT have developed a model based on system thinking that supports investment decision-making by mining companies and helps optimise the guidance of production in mining investments.
Suit that recognises movement acquired at LUT
Finland's first MVN BIOMECH movement analysis suit has been acquired for the biomechanics lab at Skinnarila campus. The suit's equipment is made from the same material as skiing outfits, with 17 small measurement devices attached to it. Each of these devices contains a 3D acceleration sensor, a 3D magnetometer and a 3D gyroscope. Using these devices, data is generated about the different parts of the body, which enables analysis of areas such as joint movements in the human body.
Digital economy experts are more precious than gold
"With the internet and other innovations of information technology we are moving in the direction of a new software-based economy. With it, a new great leap in productivity is emerging, because in a digital economy activities can be massively scaled. We desperately need new kinds of experts: people, who understand the laws that govern this new economy", states Kari Smolander, LUT's Professor of Software Engineering.