innofactor logo innofactor BLOG MEDIA CONTACT US CHOOSE LANGUAGE What We Do Customers What's New Join Us Invest in Us About Us Innofactor’s Story There have been many milestones along the path from a 10 square meter office in Espoo into a leading Nordic provider of digitalization and cloud solutions History of Innofactor: Establishment "It seemed that he might grow up to be a great entrepreneur" The operations of Innofactor in their current form started with a phone call from Risto Linturi to Sami Ensio in October 1999. Sami was part of the management group of Omnitele and Risto worked as a consulting Chief Technology Officer of Helsingin Puhelin (today known as Elisa). Risto and Sami had become acquainted in the mutual projects of Omnitele and Helsingin Puhelin. Risto asked Sami if he would like to lead a new company if Risto's family business would provide the funding. Sami asked if he could think about it overnight but, coming from four generations of entrepreneurs, the decision came easily to him, especially as the IT industry was experiencing a major boom at the time. It was decided to establish the company on the foundation of a company called Yritysmikrot, a dying subsidiary of investment company R. Linturi, owned by Risto and Kaija Linturi. This makes 1983 the official year of Innofactor's establishment. The end of the 90s was a time of rapid IT growth and corporate acquisitions. R. Linturi had sold many of its business operations. Risto and Kaija Linturi were the only employees and owners of the family-business turned seed-fund. The early Board of Directors was joined by a fourth member, Janne Järvenpää, who had previously been working as a consultant and who is now the CEO of Mehiläinen. "Sami was very much in tune with customers' needs and potential added value. He was also very pragmatic. He always seemed to be more interested in the success of the overall operations than a particular piece of technology. I found him a skilled salesman and he always corrected his ways the minute I noticed an error. It seemed that he might grow up to be a great entrepreneur." Risto Linturi, the other founder of Innofactor The name Innofactor came from Sami Ensio. He was working hard to find good names whose domains were still available. Finally, he came up with a list of about ten names and tested them on his friends. Innofactor stood out. The name reflects the innovative operations of Innofactor and works both in Finnish and internationally. History 2017 – Innofactor’s Nordic integration presented challenges to business operations History 2016 – Innofactor Expanded to All of the Nordic Countries in Line with Its Strategy History 2015 – Impressive Final Sprint Towards the End of 2015 History 2014 – A Year of Renewal History 2013 – Most Successful Company on the Finnish Stock Exchange in 2013* History 2012 – Fastest Growing Technology Company in NASDAQ OMX Helsinki Internationalized History 2011 – The Fastest Growing IT Company in the Finnish Stock Exchange History 2010 – The long step to becoming Finland's largest software house focused on Microsoft solutions History 2009 – Stronger than Ever, Spurred by Strategic Partnerships History 2008 – Profitable Growth Despite Recession History 2007 – Partnership Promoting Technological Development History 2006 – Pioneer Solutions and Victories in Europe History 2005 – Leaping Forward History 2004 – Opening the Doors to Emissions Trading History 2003 – Major Customers and Product Development Defeating Recession History 2002 – Expanding Operations and Service Selection History 2001 – Solid Foundation for Growth from Customer-Driven Projects History 2000 – From Death Valley to Victory innofactor logo innofactor FINLAND Innofactor Plc Keilaranta 9 FI-02150 Espoo +358 10 272 9000 SWEDEN Innofactor AB Drottninggatan 68 SE-111 21 Stockholm +46 8 20 97 30 DENMARK Innofactor A/S Parken, Øster Allé 48 DK-2100 København Ø +45 70 26 36 70 NORWAY Innofactor AS Strandveien 8 NO-1366 Lysaker +47 22 44 33 23 All offices Privacy © Innofactor Plc 2018 To provide you with a better user experience, we use cookies on our site. By continuing to browse the site you agree to the storage of cookies on your device. OK