Top prizes for connected home, connected health and connected learning
Our 12 finalists – who were selected from more than 400 applications - had flown in from around the world and spent two days in workshops with Nokia mentors to finetune their business plan. During the final pitching and demo event on Friday they presented their business plans and the Nokia jury then deliberated on the winners.
Nokia Open Innovation Challenge seeks innovators and start ups that can help us make the world a better place for people. We believe we can do that through technology but we also believe that we need to do this through an open ecosystem, where we can bring in people with creative ideas and smart solutions. Co-innovation with the ecosystem is essential and a key part of our strategy.
This is the fourth, and I think best, edition of this event so far. We had a huge number of applications and the quality of the finalists was very high. We see a lot of applicants focused on areas that can really improve people’s lives and make industries more efficient. We see applications we can use in smart cities to analyze people’s behaviors but also very focused applications, for example in video analytics, which could be useful in our industry.
We’ve also seen a number of artificial intelligence companies, with whom we may be able to enhance our own products and drive more efficiency in our network operations.
Out of twelve outstanding finalists we selected three winners with whom we will start working immediately on joint activities. We will also explore how we can integrate all finalists closer to Nokia’s products and solutions and, as our ultimate goal, how can we go to market together.
With so many diverse opportunities, it’s essential to keep an open mind but also determine the best way forward for each specific case. But based on my observations during the challenge, I’m confident that with these finalists, we have great opportunities in front us to accelerate IoT ideas to a wider market.
Click below to watch video highlights of the event:
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