Nokia launches challenge to shape IoT ecosystem

Nokia launches challenge to shape IoT ecosystem Nokia says it expects exciting use cases to arise for the IoT in various verticals. (Image source: Jon Russell/Flickr)Finnish multinational Nokia Networks has launched its third consecutive Open Innovation Challenge

This year’s competition will focus on the Internet of Things (IoT), with the company inviting ideas, technologies, or business models addressing potential opportunities in the IoT domain.

Submissions will be accepted until 20 September 2015, and Nokia said the most innovative entries will win the chance to work with the company on groundbreaking ideas to shape the future of the IoT industry.

Startup companies of any size, as well as teams, individuals, businesses and academics are invited to join the challenge and submit their working prototypes.

“Building networks for the programmable world requires a P-O-P approach; turning networks into platforms, orchestrating the ecosystem, and creating the required partnerships,” said Nokia’s executive vice president Hossein Moiin. “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.

“Our objective is to reach out to the brightest innovators and experts in the IoT domain so that we, together, can help build a future that will benefit us all.”

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