The Nokia Open Innovation Challenge, in partnership with NGP Capital, is looking for new innovative products and solutions within the Industrial IoT domain. It is time to submit their greatest ideas for technology and business models which could change the world.

The challenge once again looking for the latest innovative companies around the globe to put forward their ideas for the possibility to collaborate with Nokia Bell Labs researchers to enhance or create the first commercial implementation of their product.​

Themes

• Industrial IoT: The Internet of Things (IoT) interconnects “things” and autonomously exchanges data between them. “Things” may be machines, parts of machines, smart meters, cameras, sensors or even everyday objects such as hand-held tools or wearables.
• Next generation private networks for industrial Internet: They are looking for something which could solve simple or complex business challenges within any company, big or small, i.e. potential customers of Nokia.

Prizes

• 100K$ 1st place
• 50K$ 2nd place
• 25K$ 3rd place

Evaluation Criteria

• Innovativeness, feasibility and scalability of the idea according to the category requirements and examples of Industrial IoT (please take a look of their IoT examples and definitions).
• Submissions will be assessed considering the joint business potential as well.

Apply HERE!