NEW DELHI: Nokia on Thursday launched its Open Innovation Challenge for the fifth year running. This year the challenge will be focusing on the Internet of Things (IoT) for smart cities, mobility, safety and security, and connected industries.
The challenge is for start-ups and innovators working on IoT to demonstrate a working prototype for their idea that improves cities, safety, health and enables industrial revolution among other prototypes.
“The industrial revolution is well on its way. Ultimately our aim at Nokia is to create technology that connects the world, a challenge which we embrace with nothing less than our relentless passion for innovation. But we know, that we cannot succeed alone,” said Kathrin Buvac, Chief Strategy Officer of Nokia.
“Co-innovating in an open ecosystem with start-ups and large tech companies in a healthy balance is so essential.
The Nokia Open Innovation Challenge is a fantastic opportunity for innovators and entrepreneurs to join us as we embrace the challenge of creating technology to serve the growing needs for the Internet of Things,” said Kathrin Buvac, Chief Strategy Officer of Nokia.
The challenge is being organized in partnership with private venture firm Nokia Growth Partners.
The submissions will be accepted between June 8 and September 20 and the top teams will be invited to a two-day concept development workshop with Nokia experts in Helsinki in November.