10 innovators from Canada, Finland, Germany, Greece, Ireland and the U.S. awarded for their technologies and solutions that address opportunities in the IoT domain
Winning innovations designed for such IoT verticals as health, connectivity, automotive, industrial Internet and smart cities
Espoo, Finland - 10 November 2015
On August 3, Nokia launched its third consecutive Open Innovation Challenge, offering the brightest innovators an opportunity to collaborate on game-changing ideas to shape the programmable world. Nokia received hundreds of submissions from all around the world and after intensive evaluation work, ideas were drilled down to 10. These 10 winners from Canada, Finland, Germany, Greece, Ireland and the U.S. were announced at Nokia's celebration event, held at its headquarters in Finland on November 10.
The challenge, organized in partnership with Nokia Growth Partners (NGP), invited participants to submit innovative ideas, technologies, or business models for a chance to collaborate with Nokia around exciting and even disruptive ideas, and to leverage Nokia's global market reach and connectivity expertise. The participants were also reviewed by NGP, which is actively investing in promising IoT companies.
Nokia's vision is to expand the human possibilities of technology, 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 within various verticals, including health, security, automotive, public safety, industrial Internet and smart cities.
Hossein Moiin, Executive Vice President and CTO, Nokia Networks, said: "We are delighted to announce the winners of our third annual Open Innovation Challenge - all of whom are among the brightest innovators and experts in the IoT domain. We understand that Nokia and others cannot do it alone. We need to think outside the walls of our innovation machinery and reach into the IoT ecosystem for partnerships and co-creation. By incorporating innovations from all around us, we can build a programmable world that will benefit us all."
Bo Ilsoe, Partner, Nokia Growth Partners, said: "We are pleased to partner with Nokia in finding the best innovators and promoting entrepreneurs active in the IoT domain through this innovation challenge. IoT is at the core of the investment strategy of Nokia Growth Partners and, together with Nokia, we are looking for the next game-changing innovations and sources of new billion-dollar businesses."
The Nokia Open Innovation Challenge 2015 winners
CyberLightning (www.cyberlightning.com) CyberLightning was founded in 2010 by a core team at the Center for Internet Excellence at the University of Oulu, Finland. It develops software that can create 3D visualization of IoT data that makes it easier to analyze big data captured by sensor networks. CyberLightning's intelligent, end-to-end Internet of Everything (IoE) Application Platform, CyberVille®, is designed for operational and business use in smart city environments.
DecaWave (www.decawave.com) Based in Dublin, Ireland, DecaWave is a pioneering fabless semiconductor company that develops a family of integrated circuit products called ScenSor, which can identify the specific location of any object, person or thing. Compliant to the IEEE802.15.4a standard, the chip offers a required level of precision and reliability never achieved before (+/-10cm).
Good Sign (www.goodsignsolutions.com) Based in Helsinki, Finland, Good Sign provides business software for IoT intensive service businesses and ecosystems to offer new service models, orchestrate devices and services, and automate dynamic pricing and billing. Good Sign targets companies who are forerunners in providing digital services: IT service providers, communication service providers, industrial service providers, intelligent traffic service providers and new service ecosystems.
HealthOperator Ltd (www.terveysoperaattori.fi) Helsinki, Finland-based HealthOperator is taking industrial Internet to the health and social care sectors. The company offers sensor and artificial intelligence based personalized monitoring and diagnostic services to consumers, private health care companies and the public sector. Its first commercial solution, OMAseniori, is a sensor based self-learning solution.
High Mobility (www.high-mobility.com) Based in Berlin, Germany, High Mobility helps carmakers transition into mobility providers without losing control over their products and customers. The company has reimagined the mobility experience with an innovative, distributed software platform, mobilityOS, that redefines what cars and mobile smart devices can do together.
Posterfy (www.posterfy.fi) Based in Helsinki, Finland, Posterfy develops, markets and sells Smart Display Systems for digital place-based signage applications in the Digital Out-of-Home market and intelligent wash room systems. Posterfy Smart Displays are interactive, battery operated, equipped with a range of sensors and use wireless communication. All display models are managed with Posterfy's Cloud Service.
Skkynet Cloud Systems, Inc. (www.skkynet.com) Based in Mississauga, Ontario, Skkynet is a global leader in real-time cloud information systems. The Skkynet Connected Systems platform includes its SkkyHub(TM) service, DataHub® and WebView(TM) and embedded toolkit software. The platform enables real-time data connectivity for industrial, embedded and financial systems, with no programming required.
SparkCognition (www.sparkcognition.com) Based in Austin, Texas, SparkCognition is the world's first Cognitive Safety & Security Analytics company. Its groundbreaking MindFabric platform and Cognitive Fingerprinting technology model physical and virtual assets, continuously learn from data, and derive intelligent insights to secure and protect assets round the clock.
The Biosensors Group (www.imbb.forth.gr) is a research team established in the Institute of Molecular Biology and Biotechnology of the Foundation for Research and Technology-Hellas (FORTH) research center, located in Heraklion, Crete, Greece. The Biosensors Group has over 12 years of experience in acoustic wave biosensors and provide DNA detection technology.
Wirepas (www.wirepas.com) Based in Tampere, Finland, Wirepas is making Internet of Things happen. Wirepas PINO(TM) creates a wireless network of interconnected devices easily and without any investments to infrastructure. With PINO(TM), the connected devices are the network.
The Nokia Open Innovation Challenge winners will be present at Nokia's booth at this year's Slush event to showcase their innovations. Slush, one of the most dynamic tech ecosystem events of the year, will be held November 11-12 in Helsinki, Finland.
Did you know?
The transition to IoT means we will soon live in a world with between 10 and 100 times more Internet-connected devices than there are connected humans.
Nokia Networks is already demonstrating key technologies like LTE-M and 5G that will make mobile networks the natural choice for bringing these possibilities to reality.
The Nokia Open Innovation Challenge 2014 was hosted in Silicon Valley, attracting nearly 100 entries related to Telco Cloud and Big Data Analytics. Read more about the winners and finalists.
The Nokia Open Innovation Challenge 2013 was hosted in Israel around the theme of Liquid Applications. Nokia Networks launched its Predictive Operations solution based on contributions from one of the winning companies.
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TAGS: Nokia, Nokia Networks, Nokia Growth Partners, NGP, Internet of Things, IoT, M2M, innovation, FutureWorks, LTE-M, 5G, industrial Internet, automotive, public safety, health, smart cities, security, connectivity
By focusing on the human possibilities of technology, Nokia embraces the connected world to help people thrive. Our three businesses are leaders in their fields: Nokia Networks provides broadband infrastructure, software and services; HERE provides mapping, navigation and location intelligence; and Nokia Technologies provides advanced technology development and licensing. www.nokia.com
Nokia Networks, which provides broadband infrastructure, software and services, operates at the forefront of our industry. From the first ever call on GSM to the first call on LTE, we have set the pace of innovation, a record that continues with future technologies such as 5G. Together with our operator customers, who serve close to 5 billion subscribers, we are embracing the opportunity of the connected world and helping to solve its challenges.
About Nokia Growth Partners
Nokia Growth Partners (NGP) specializes in growth-stage investing; seeking for companies who are changing the face of mobility and connectivity. Working closely with entrepreneurs NGP offers market insight, a deep network and a global reach spanning across the United States, Europe and Asia. NGP is an independent fund manager backed by Nokia. www.nokiagrowthpartners.com
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