Co-operation with start-ups

In connection with the renewed strategy, we launched three new development programmes to support the strategy execution. Two of the programs, Living services and Renovation services aim at growing new business. The growth is sought by generating new business models and concepts. Start-up cooperation can be used as one tool for creating new business and new concepts. 

Case: "Hack the living" innovation competition

The construction industry is undergoing a major transition, and this can be seen in the development of housing construction in the direction of a housing business operations operations model. One consequence of this development is increasing demand for services that make everyday life easier and more convenient.

YIT launched the Hack the Living innovation competition in 2017 to find new business models, services, service concepts, products and digital solutions to make everyday life and housing easier.

The competition was open to teams of 2–3 members – innovators, service designers, software designers, and growing companies. The competition drew 64 entries, which is the second-largest amount in the history of the Industryhack. Of these, 8 teams were selected to get a closer view of YIT’s operations. They also participated in the two-day hackathon at the end of January.

results of Hack the Living - competition

Follow Hack the Living in Twitter #hacktheliving

See our other partnership models too