IQI acquires Kumura to enhance its project management capabilities and leverage artificial intelligence, aiming for significant growth in turnover and market reach.

Information on the Target

Kumura is a specialized firm focusing on project management, offering operational project management, coaching, and development services enhanced by artificial intelligence. Renowned for its proficiency in the social and health sectors, Kumura has established a strong reputation among Finland's public and private organizations, delivering critical project success. In 2019, the company reported a turnover of approximately 4 million euros and employs a team of over 35 seasoned subcontractors located primarily in Jyväskylä, the Helsinki Metropolitan Area, Tampere, and Turku.

Industry Overview in Finland

The Finnish consulting and project management industry is witnessing burgeoning growth, driven by increasing complexity in project execution and a heightened demand for efficiency. The incorporation of advanced technologies, particularly artificial intelligence, is transforming traditional project management practices, enabling organizations to enhance productivity and optimize resource allocation.

In Finland, sectors such as social services and healthcare are undergoing significant transformations, necessitating innovative project management approaches. The Finnish government and