ELVENITE ANNUAL REVIEW 2023

It’s time to summarize 2023, and doing so briefly will be a challenge because so much has happened at Elvenite. We can state that 2023 has been the most successful year for Elvenite since we started the company over 16 years ago, but it has also been one of the most challenging. In this annual review, we have chosen to highlight some of the year’s highlights.

First, we want to thank all our fantastic customers whose insights, opportunities, and challenges have allowed us to take a major step forward in applying AI and smart technical solutions for our clients. Although we at Elvenite have been working with Data Science and AI for several years, 2023 was the year when we carried out large and groundbreaking assignments for some of our clients within AI. This will accelerate in 2024, and we at Elvenite look forward to new exciting collaborations. We see a 2024 where more clients will gain increased insights into what, how, and where AI can be applied in their organizations, something that will increase understanding and contribute to moving from opportunistic AI projects to more business-critical projects and initiatives with a clear investment character. Another observation for the coming year is that we continuously need to follow the regulatory requirements that will be clarified within AI during 2024. We believe in collaborations and a strong commitment together with our clients to continue driving forward innovative solutions and taking advantage of the technical opportunities that are developing at a tremendous pace.

In 2023, we have carried out several projects and commitments that show that what we believe in can also be achieved, namely making the food industry smarter. With great gratitude and eager anticipation, we look forward to a very exciting 2024 where we will continue to want to develop and be challenged by our clients and meet our future challenges with innovation, commitment, and care.

Happy reading,

Mathias Dyberg, CEO.

Elvenite logo in the shape of a snowflake

Sweden’s Best Workplace 2023 and Europe’s 9th Best.

We, of course, start with the most fun. 2023 was a memorable year for us as we proudly were named Sweden’s Best Workplace and also placed as number nine in Europe. It is a reminder of how important it is to continue working hard to create a positive and supportive work environment. Every employee’s effort, ideas, and commitment have played a significant role in this success. This award is not just an honor, but also a reminder of our responsibility to continue striving for a workplace where everyone feels valued and can develop. We look forward to learning more and growing together, to constantly improve how we work and collaborate.

Elvenite is Sweden's best workplace in 2023
Elvenite expands to Finland

Expansion in the Nordics: Establishment and New Successes in the Finnish Market

2023 marked a significant step in our growth journey. We welcomed our first employment in Finland (anna mennä, Katja!), symbolizing our official entry into the Finnish market. This expansion has not only given us new opportunities and challenges but also opened doors for new customer relationships. Gaining new customers in the region has been both inspiring and affirming of our work and solutions. We see this as the beginning of an exciting journey where we continue to create value and innovation for our customers in Finland and the rest of the world.

Agnes Lindell Named “Visionary of the Year”

We also had the honor of seeing Agnes Lindell, being named “Visionary of the Year” by #addher. Agnes has made significant contributions to AI and machine learning, and her ability to bring new technologies to the forefront with conviction and clarity has not only inspired us at Elvenite but also the industry at large. This recognition of Agnes as a groundbreaking force and a true visionary reflects the innovation and leadership we value and strive for in our work within the food industry. Big congratulations!

Agnes Lindell Elvenite
Elvenite_Infor

Innovation in Focus: Elvenite wins Infor alliance innovation award

Under 2023, we had the great pleasure and honor of receiving the “Infor Alliance Innovation Award“, an accolade that means a lot to us at Elvenite. It is a recognition of our work to incorporate advanced technology like AI and IoT into the food industry to create real value for our customers. This prize is not just a symbol of innovation but also a sign of our commitment to constantly strive to improve and develop new solutions. Our work in optimizing processes and strengthening decision-making in food production is part of our vision to be at the forefront of technological development. We are grateful for this recognition and look forward to continuing our collaboration with Infor and our customers to drive the industry forward.

Valio hackathon winner: Innovative solution for more consistent milk production

Under 2023, we participated in the Valio Hackathon, an initiative to even out seasonal variations in milk production. Our winning solution, a data-driven model proposal, aimed to understand and manage these variations directly from the dairy farms. By analyzing data from farms with different seasonal variations, we were able to identify factors that affect these differences. This work is not only a step towards more efficient production planning for Valio but also contributes to their goal of climate-neutral milk by 2035. The experiences from the hackathon, where we met mentors and participants with deep knowledge of the dairy industry, were both inspiring and insightful.

Elvenite wins Valio Hackathon
digitalization of food production

New customers – New friends

We are incredibly happy and grateful to have welcomed a number of new customers this year. That Scandbio, Olvi, Aqua Group, Leksands Knäckebröd, Bama, Löfbergs, and Valio have given us the trust to work with their digital transformation projects is a great honor. We look forward to continuing our collaboration with great enthusiasm and being a part of contributing to their successes. Welcome!

We got 99…

Vi fortsätter vår tillväxtresa och har vuxit med flera nya talangfulla medarbetare under året. Just nu är vi faktiskt 99 st och står inför spännande tider – kanske blir vi 100 precis innan året är slut? Julen har en tendens att föra med sig överraskningar, och kanske blir den 100:e kollegan vår egen present. Dessutom är vårt traineeprogram i full gång, där vi stolt ser en ny generation talanger ta sina första steg i branschen.

Psst! Vill du söka någon av våra lediga tjänster, klicka här 👋

Elvenite Facilitates Elkem’s Transition to the Cloud

Elkem has successfully moved its M3 system to the cloud, a step that improves both efficiency and data management. In this project, we at Elvenite have played a key role in lifting the analytics platform to the cloud environment This means that Elkem can now benefit from scalability and flexibility in the cloud environment, as well as continue their digitalization journey and new innovative solutions. We are proud to have contributed to this development step and look forward to continuing to support Elkem in utilizing the full potential of their cloud-based resources.
Elkem

Speed Seed: AI Project for Seed Treatment

The Speed Seed project, a collaboration between Elvenite and Lantmännen BioAgri, is a groundbreaking example of how tradition and technology can collaborate to create a sustainable future for agriculture. By combining advanced data analysis with Lantmännen’s extensive knowledge and experience, we have developed a machine learning model that predicts the optimal treatment intensity for each seed batch. In practice, this means that farmers, instead of relying on time-consuming test methods, can now rely on data-driven insights. Speed Seed is more than a technology project; it is a meeting place for disciplines where innovation meets tradition to drive agriculture forward.

Third Year in a Row: Elvenite Publishes Sustainability Report

For the third year in a row, we at Elvenite have chosen to release a sustainability report. This is part of our ongoing work to continuously improve and reflect on our contribution to sustainability issues. The report highlights the importance of taking responsibility for sustainability within the food industry and shows the opportunities for making positive changes, such as reducing carbon emissions and food waste.

Progress in sustainable food chain through data management

During 2023, we conducted a research collaboration CTF at Karlstad University and several companies in the food industry. The research focused on developing data management strategies with the goal of addressing sustainability challenges in the food industry and achieving the Agenda 2030 goals. By bringing together knowledge from different parts of the food chain, we were able to identify key factors for successful sustainability initiatives. The result was a framework for how organizations can use data to not only meet but also benefit from sustainability challenges, opening up new opportunities within the industry.

Elvenite Sustainability Report 2022
Future Food Forum at Almedalen

AI and the future of food: Elvenite leads an important panel debate at Almedalen

During Almedalen Week, Elvenite took a big step forward by participating in the ‘Future Food Forum’ for the first time. We arranged a panel debate with leading actors such as Coop Sweden, AAK, Picadeli, and HK SCAN. The discussion focused on AI and its growing role in the digitalization of the food industry. This panel debate created an arena where different perspectives and expertise within the food industry could meet. It was particularly educational to interact and share perspectives with a variety of food actors during Almedalen Week, providing us with valuable insights and deepening our understanding of the industry’s challenges and opportunities. We look forward to next year!

Click here to watch a recording of the event.

Elvenite in AI-podden:
The future of the food industry and AI

In an episode of the AI podcast, our own Agnes Lindell shared insights on how AI transforms the food industry. From creating efficient data-driven solutions for inventory optimization to innovative use of AI in agriculture, Agnes provides a deep dive into the multifaceted role of AI. She also shares practical tips for becoming more data-driven and highlights her favorite AI tools. Agnes’ presentation in the podcast gives an exciting picture of how AI can be used in the food industry beyond common solutions like chatbots.

Closing (and beginning)

As we approach the end of 2023 and look forward to what 2024 has to offer, it is clear that AI’s role within the food industry will be more important than ever. Given the rapid development within AI, it is difficult to even imagine the full potential that awaits. We can expect AI to be integrated even deeper into all aspects of the food industry, from production lines to customer experiences, creating new paths for efficiency, innovation, and sustainability.

As AI continues to develop, we are likely to see more sophisticated analysis tools and automated systems that can handle complex tasks, from predicting consumer trends to improving food safety. These advances will not only streamline existing processes but also open up new ways of thinking about food production and distribution.

The progress in digitalization is also a key factor, where the integration of IoT devices, blockchain technology, and smart sensor systems will allow for a more cohesive and transparent food chain. This will enable better traceability and sustainability control, crucial for meeting both the increasing demands of consumers and global environmental goals.

In addition to these technical advances, the human factor will also play a major role. Education and training in AI and digital tools are becoming increasingly important to ensure that the workforce within the food industry can keep pace with technological development. This will be crucial to fully leverage the opportunities offered by AI and digitalization.

With these insights in mind, we send our warmest Christmas greetings to you all. We look forward to a 2024 filled with progress, innovation, and collaboration within the food industry. Let’s together explore the limitless potential of AI and welcome the new year with open arms and smart ideas.

Merry Christmas and Happy New Year!

ELVENITE ANNUAL REVIEW 2022

It’s time to summarize 2023, and doing so briefly will be a challenge because so much has happened at Elvenite. We can state that 2023 has been the most successful year for Elvenite since we started the company over 16 years ago, but it has also been one of the most challenging. In this annual review, we have chosen to highlight some of the year’s highlights.

First, we want to thank all our fantastic customers whose insights, opportunities, and challenges have allowed us to take a major step forward in applying AI and smart technical solutions for our clients. Although we at Elvenite have been working with Data Science and AI for several years, 2023 was the year when we carried out large and groundbreaking assignments for some of our clients within AI. This will accelerate in 2024, and we at Elvenite look forward to new exciting collaborations. We see a 2024 where more clients will gain increased insights into what, how, and where AI can be applied in their organizations, something that will increase understanding and contribute to moving from opportunistic AI projects to more business-critical projects and initiatives with a clear investment character. Another observation for the coming year is that we continuously need to follow the regulatory requirements that will be clarified within AI during 2024. We believe in collaborations and a strong commitment together with our clients to continue driving forward innovative solutions and taking advantage of the technical opportunities that are developing at a tremendous pace.

In 2023, we have carried out several projects and commitments that show that what we believe in can also be achieved, namely making the food industry smarter. With great gratitude and eager anticipation, we look forward to a very exciting 2024 where we will continue to want to develop and be challenged by our clients and meet our future challenges with innovation, commitment, and care.

Enjoy the read, Mathias Dyberg, VD.

Elvenite logo in the shape of a snowflake

Nytt affärssystem till anrika Kopparberg

We, of course, start with the most fun. 2023 became a memorable year for us as we were proudly named Sweden’s best workplaceand also placed asnumber nine in Europe.. It is a reminder of how important it is to continue working hard to create a positive and supportive work environment. Every employee’s effort, ideas, and commitment have played a significant role in this success. This award is not just an honor, but also a reminder of our responsibility to continue striving for a workplace where everyone feels valued and can develop. We look forward to learning more and growing together, to constantly improve how we work and collaborate.

Mathias Dyberg and Åsa Klevmarken at the GPTW gala in Luxembourg

Årets affärssystemsprojekt med Lantmännen

During 2023, we had the great pleasure and honor of receiving the ,“Infor Alliance Innovation Award”an award that means a lot to us at Elvenite. It is a recognition of our work to incorporate advanced technology like AI and IoT into the food industry to create real value for our customers. This prize is not just a symbol of innovation but also a sign of our commitment to constantly strive to improve and develop new solutions. Our work in optimizing processes and strengthening decision-making in food production is part of our vision to be at the forefront of technological development. We are grateful for this recognition and look forward to continuing our collaboration with Infor and our customers to drive the industry forward.

Elvenite_Infor

Sales app that increases margins

In 2023, we participated in the Valio Hackathon, an initiative to even out seasonal variations in milk production. Our winning solution,a data-driven model proposal, aimed to understand and manage these variations directly from the dairy farms. By analyzing data from farms with different seasonal variations, we were able to identify factors that affect these differences. This work is not only a step towards more efficient production planning for Valio but also contributes to their goal of climate-neutral milk by 2035. The experiences from the hackathon, where we met mentors and participants with deep knowledge of the dairy industry, were both inspiring and insightful.

Att samla 30 länder i ett och samma system

We have also had the honor of seeing Agnes Lindell, be named “Visionary of the Year” by #addher. Agnes has made significant contributions to AI and machine learning, and her ability to bring new technologies to the forefront with conviction and clarity has not only inspired us at Elvenite but also the industry at large. This recognition of Agnes as a groundbreaking force and a true visionary reflects the innovation and leadership we value and strive for in our work within the food industry. Big congratulations!

Vi är Sveriges 5e bästa arbetsplats

2023 marked a significant step in our growth journey. We welcomed our first employment in Finland (anna mennä, Katja!), symbolizing our official entry into the Finnish market. This expansion has not only given us new opportunities and challenges but also opened doors for new customer relationships. Gaining new customers in the region has been both inspiring and affirming of our work and solutions. We see this as the beginning of an exciting journey where we continue to create value and innovation for our customers in Finland and the rest of the world.

Elvenite expands to Finland

Och flera andra väldigt fina utmärkelser!

Vi fortsätter vår tillväxtresa och har vuxit med flera nya talangfulla medarbetare under året. Just nu är vi faktiskt 99 st och står inför spännande tider – kanske blir vi 100 precis innan året är slut? Julen har en tendens att föra med sig överraskningar, och kanske blir den 100:e kollegan vår egen present. Dessutom är vårt traineeprogram i full gång, där vi stolt ser en ny generation talanger ta sina första steg i branschen.

Psst! Vill du söka någon av våra lediga tjänster, klicka här 👋

Sustainability report number three

We are incredibly happy and grateful to have welcomed a number of new customers this year. That Scandbio, Olvi, Aqua Group, Leksands Knäckebröd, Bama, Löfbergs, and Valio have given us the trust to work with their digital transformation projects is a great honor. We look forward to continuing our collaboration with great enthusiasm and being a part of contributing to their successes. Welcome!

Karlstad, Stockholm, Malmö – och nu Göteborg!

Elkem has successfully moved its M3 system to the cloud, a step that improves both efficiency and data management. In this project, we at Elvenite have played a key role in lifting the analytics platform to the cloud environment This means that Elkem can now benefit from scalability and flexibility in the cloud environment, as well as continue their digitalization journey and new innovative solutions. We are proud to have contributed to this development step and look forward to continuing to support Elkem in utilizing the full potential of their cloud-based resources.


Partnerskap och strategiskt samarbete – ett win win koncept

The Speed Seed projecta collaboration between Elvenite and Lantmännen BioAgri, is a groundbreaking example of how tradition and technology can collaborate to create a sustainable future for agriculture. By combining advanced data analysis with Lantmännen’s extensive knowledge and experience, we have developed a machine learning model that predicts the optimal treatment intensity for each seed batch. In practice, this means that farmers, instead of relying on time-consuming test methods, can now rely on data-driven insights. Speed Seed is more than a technology project; it is a meeting place for disciplines where innovation meets tradition to drive agriculture forward.

Partnerskap och strategiskt samarbete – ett win win koncept

For the third year in a row, we at Elvenite have chosen to release a sustainability report.This is part of our ongoing work to continuously improve and reflect on our contribution to sustainability issues. The report highlights the importance of taking responsibility for sustainability within the food industry and shows the opportunities for making positive changes, such as reducing carbon emissions and food waste.

Partnerskap och strategiskt samarbete – ett win win koncept

In 2023 we conducted a research collaboration CTF at Karlstad University and several companies in the food industry. The research focused on developing data management strategies with the goal of addressing sustainability challenges in the food industry and achieving the Agenda 2030 goals. By bringing together knowledge from different parts of the food chain, we were able to identify key factors for successful sustainability initiatives. The result was a framework for how organizations can use data to not only meet but also benefit from sustainability challenges, opening up new opportunities within the industry.

Partnerskap och strategiskt samarbete – ett win win koncept

During Almedalen Week, Elvenite took a major step forward by participating in the “Future Food Forum” for the first time. We arranged a panel debate with leading actors such as Coop Sweden, AAK, Picadeli, and HK SCAN. The discussion focused on AI and its growing role in the digitalization of the food industry. This panel debate created an arena where different perspectives and expertise within the food industry could meet. It was particularly educational to interact and share perspectives with a variety of food actors during Almedalen Week, providing us with valuable insights and deepening our understanding of the industry’s challenges and opportunities. We look forward to next year!

Click here to watch a recording of the event.

Partnerskap och strategiskt samarbete – ett win win koncept

In an episode of the AI podcast, our own Agnes Lindell shared insights on how AI transforms the food industry. From creating efficient data-driven solutions for inventory optimization to innovative use of AI in agriculture, Agnes provides a deep dive into the multifaceted role of AI. She also shares practical tips for becoming more data-driven and highlights her favorite AI tools. Agnes’ presentation in the podcast gives an exciting picture of how AI can be used in the food industry beyond common solutions like chatbots.

 

Partnerskap och strategiskt samarbete – ett win win koncept

As we approach the end of 2023 and look forward to what 2024 has to offer, it is clear that AI’s role within the food industry will be more important than ever. Given the rapid development within AI, it is difficult to even imagine the full potential that awaits. We can expect AI to be integrated even deeper into all aspects of the food industry, from production lines to customer experiences, creating new paths for efficiency, innovation, and sustainability.

As AI continues to develop, we are likely to see more sophisticated analysis tools and automated systems that can handle complex tasks, from predicting consumer trends to improving food safety. These advances will not only streamline existing processes but also open up new ways of thinking about food production and distribution.

The progress in digitalization is also a key factor, where the integration of IoT devices, blockchain technology, and smart sensor systems will allow for a more cohesive and transparent food chain. This will enable better traceability and sustainability control, crucial for meeting both the increasing demands of consumers and global environmental goals.

In addition to these technical advances, the human factor will also play a major role. Education and training in AI and digital tools are becoming increasingly important to ensure that the workforce within the food industry can keep pace with technological development. This will be crucial to fully leverage the opportunities offered by AI and digitalization.

With these insights in mind, we send our warmest Christmas greetings to you all. We look forward to a 2024 filled with progress, innovation, and collaboration within the food industry. Let’s together explore the limitless potential of AI and welcome the new year with open arms and smart ideas.

Merry Christmas and Happy New Year!