Nokia Networks launches its third consecutive Open Innovation Challenge that will be focused on the Internet-of-Things (IoT). The Nokia Open Innovation Challenge 2015 is a call for innovative ideas, technologies, or business models, and an opportunity to collaborate with Nokia to advance innovations within the IoT segment. Winners will get a chance to leverage Nokia's global market reach and connectivity expertise, while other participants stand a chance to be selected by Nokia Growth Partners (NGP), Nokia's investment arm and co-sponsor of the challenge.
According to Nokia, the company's vision is to expand the use of IoT technologies to improve people's lives and help them thrive by enabling a programmable world where billions of people, things, sensors and devices are connected. As such, the company anticipates exciting use cases to arise within various verticals, including health, security, automotive, public safety, industrial Internet and smart cities.
Hossein Moiin, Executive Vice President and CTO for Nokia Networks
Building networks for the programmable world requires a P-O-P approach; turning networks into Platforms, Orchestrating the ecosystem, and creating the required Partnerships. Today, the pace of innovation matters more and more in our daily lives and, at Nokia, we are showing our openness to incorporating innovations from all around us by launching our third annual Open Innovation Challenge.