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Nokia Open Innovation Challenge 2018

Nokia Open Innovation Challenge 2018

NOKIA

NOKIA

Nonprofit organization, Browse similar opportunities

OPPORTUNITY DETAILS

Total reward
0 $
Nonprofit organization
Area
Deadline
06 Sep 2018
Study level
Opportunity type
Opportunity funding
Full funding
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This opportunity is destined for all countries
Eligible Region
All Regions

Nokia Open Innovation Challenge 2018

About Nokia Open Innovation Challenge

NOIC offers the opportunity for bright minded companies to propose best-in-class products and solutions within the Industrial IoT domain to an international jury. The jury will then select the most advanced and innovative candidates to attend the final event that will be held in early December at Nokia Bell Labs’ headquarters in Murray Hill, New Jersey. In the final, these finalists will present their innovative products or solutions to the executive level jury who will then select the winners.

The next generation industrial revolution will not only affect traditional industry operators but every single business which has requirements for automation and optimized services. These enterprises are making the leap to higher productivity and quality with the next generation of connectivity and applications.

NOIC is about evolution and revolution. We are looking for something that might already be established but could reach new heights of interest within the industry domain through your idea and with the right support from Nokia; or then something which is a totally new idea and concept but might need some fine tuning to fit the requirements of potential customers.

But be innovative as big innovations occur when people look beyond the obvious, so think big and out of the box. 

About Nokia Bell Labs

Nokia Bell Labs is one of the pre-eminent global research organizations today, with a rich history of solving the great challenges facing the information and communications industry and ‘inventing the future’.  It remains focused on that mission, working on the ‘10x’ challenges that confront the evolution of networks and, given the dependence we increasingly have on those networks, the evolution of the future digital society.

In fact, one could argue that there has never been a more exciting time to be undertaking research in these domains. Bell Labs researchers have been recognized by many of the world’s most prestigious technology organizations for their contributions to science, technology and society. 14 of our researchers have shared in 7 Nobel Prizes for Physics and one Nobel Prize in Chemistry for discoveries ranging from the invention of the technologies that serve as the foundation for all information technology, to the nature of subatomic particles and the origins of the universe. And 4 of our scientists have been awarded the Japan Prize, including Dennis Ritchie and Kenneth Thompson for developing the UNIX® operating system.

Bell Labs researchers are global leaders in their respective disciplines and conduct fundamental and applied research geared toward solving the most formidable networking and communications challenges confronting our world, in IP and Optical networks, ultra-broadband access (wireless and wired), novel communications platforms and systems, new algorithms and protocols, and advanced virtualization and software-defined networking technologies that underpin today’s Cloud infrastructure. The goal is always to discover breakthrough technologies that will make networks 10x faster, smarter, more scalable and more sustainable.

Bell Labs is a global organization with headquarters in Murray Hill, New Jersey, with locations throughout the world, and is the research arm of Nokia.  It collaborates closely with Nokia's product development teams and customers to create new information and communications technologies and to bring them to market, or to create novel intellectual property for commercialization by the wider industry.

Cash prize

NOIC Executive Jury will have the power of discretion to allocate the cash prize to the best fitting submission or submissions.

  • 100K$ 1st place
  • 50K$ 2nd place
  • 25K$ 3rd place

Evaluation criteria

  • Innovativeness, feasibility and scalability of the idea according to the category requirements and examples of Industrial IoT (please take a look of our IoT examples and definitions).
  • Submissions will be assessed considering the joint business potential as well.

Opportunities

  • Co-innovation and joint business opportunities
  • Business and technology boost by accessing Nokia's technologies, products and resources
  • Access to Nokia's global market
  • Investment opportunities
  • Industrial IoT

The Internet of Things (IoT) interconnects "things" and autonomously exchanges data between them. "Things" may be machines, parts of machines, smart meters, cameras, sensors or even everyday objects such as hand-held tools or wearables. This capability will bring tremendous possibilities to any kind of enterprise and business environment. To support IoT, advanced next generation communication is needed. Industrial, on the other hand, can be seen as a wider domain than just the traditional manufacturing or production industry. It can really be anything in our everyday life.

We have some themes below for possible technology domains where we as Nokia see opportunities. These are of course not the only possible areas which interest us but they give you an idea about how we look at this new world of Industrial IoT. We are particularly interested if your proposal involves Artificial Intelligence (AI) and automation components. This approach would without a doubt make you stand out in the eyes of our jury.   We encourage you to look beyond the obvious as these are not the only possible areas which interest us, but they give you an idea about how we approach this new world of Industrial IoT.  

Next generation private networks for industrial Internet

We are looking for something which could solve simple or complex business challenges within any company, big or small, i.e. potential customers of Nokia. This should be something which could help enterprises or industrial companies take the next step in their digital automation journey: applications, solutions or products which would utilize the most advanced communication network.

 

 

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