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Cisco, Deutsche Telekom and Intel Announce Joint IoT Acceleretor Program for Startups

Cisco, Deutsche Telekom and Intel Announce Joint IoT Acceleretor Program for Startups Image Credit: Deutsche Telekom

Cisco, Deutsche Telekom and Intel have announced Challenge Up!, a joint Internet of Things (IoT) accelerator program for startups from the Europe, Middle East and Africa (EMEA) region. The program aims to help innovative IoT startups go-to-market faster through joint projects, mentoring, high-value networking and corporate assets. Selected companies may also receive strategic investment and support in commercializing their product or service for global markets. 

The program brings together resources and experience from the startup initiatives of these companies, including Cisco® Entrepreneurs in Residence (Cisco EIR), Intel® Business Challenge Europe and hub:raum powered by Deutsche Telekom. The Challenge Up! program covers solutions developed for the Internet of Things/Everything (IoT/IoE) and related areas, including connected and smart solutions (smart home, smart city, smart energy, connected cars, wearables, Industry 4.0), information security, big data, analytics, connectivity and cloud computing.

Elias Drakopoulos, Senior Vice President responsible for Europe B2B at Deutsche Telekom 
With Challenge Up! we are giving a great signal to the startup world, bringing together the resources and know-how of three corporations. We will use our combined experience for the benefit of the Challenge Up! program and the support of the startup community.

Christian Morales, Corporate Vice President and General Manager Europe, Middle East and Africa at Intel
We are looking forward to the creative ideas for new products and services from across the region to improve how we live and work together. By giving startups access to the complimentary resources of our three global companies we can help them accelerate their ideas into commercial success.

Mike Flannagan, Vice President of Data & Analytics at Cisco
With an expected 50 billion things connected to the Internet by 2020, the Internet of Everything opens up great opportunities. To help better address these opportunities, Challenge Up! brings together the best of the technology world in an ecosystem of open innovation.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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