Nokia's Open Innovation Challenge opens with automation and IIoT focus

By Johan De Mulder
Share

Nokia has kickstarted 2018's Open Innovation Challenge (NOIC), with this year's focus around industrial automation and industrial Internet of Things (IIoT).

The annual competition encourages startups and innovators to present technologies, products and solutions that could 'change the world', with Nokia's opening a pot of $175,000 to award to the best ideas.

Winners will also be given access to Nokia Bell Labs research & development resources, as well as opportunities to grow their businesses through joint partnerships with Nokia.

See also:


"We're excited to open this year's NOIC with a focus on industrial automation," said Marcus Weldon, Nokia's CTO. "This is a tremendous opportunity for startups and entrepreneurs to work alongside Nokia Bell Labs researchers and others in Nokia to bring their ideas to life.

"Our team looks forward to working with competition winners to help create new technologies that will create unparalleled increases in efficiency through augmented intelligent devices, systems, platforms, and applications."

Nokia Bell Labs is the industrial research arm of Nokia. Over its 90-year history, it has invented many of the foundational technologies that underpin information and communications networks and all digital devices and systems.

Share

Featured Articles

SAP creates new EMEA region and announces new President

SAP has announced it has appointed a new President for a newly-created EMEA region, aiming to make the most of the opportunities of cloud and AI technology

How SAP is facilitating continuous business transformation

Technology giant SAP has expanded its portfolio with the acquisition of LeanIX, a leader in enterprise architecture management (EAM) software

Siemens and Microsoft: Driving cross-industry AI adoption

To help businesses achieve increased productivity, Siemens and Microsoft are deepening their partnership by showcasing the benefits of generative AI

Sustainability must become central to corporate strategy

Sustainability

The endless benefits of putting your people first

Leadership & Strategy

Working from anywhere: SAP uncovers secret life of employees

Human Capital