Sunday, June 9, 2019

Nokia Open Innovation Challenge 2019

Date - June 09, 2019 Competition Social Entrepreneurs Programme

Nokia Open Innovation Challenge offers the opportunity for the bright minded companies to propose the best-in-class products and solutions within the Industrial Automation domain to international jury. The jury will then select the most advanced and innovative candidates to attend the final event in November held at Nokia headquarters. In the final event, these finalists will present their innovative products or solutions to the executive level jury who will then select the winners.

The next generation industrial revolution will not only affect traditional industry operators, but also every single business which has requirements for automation and optimized services. These enterprises are making the leap to a new era of higher productivity and quality with the next generation of connectivity and applications.

NOIC is about evolution and revolution. We are looking for innovations which may already be established, but will reach new heights of interest within the industry given the right support from Nokia; or innovations which are totally new ideas and concepts, but might need some tuning to fit the requirements of potential customers.

Strive to have an innovative mindset. Big innovations have been done and developed when people have looked beyond the obvious. Think big and out of the box.

Prize:
Nokia Open Innovation Challenge Prizes for 2019 are:

1st place: $100,000
2nd place: $50,000
3rd place: $25,000
Co-innovation and joint business opportunities
Business and technology boost by accessing Nokia’s technologies, products and resources
Access to Nokia’s global market
Possible investment opportunities

Requirement:

Innovativeness, feasibility and scalability of the idea according to the themes as well as the joint business potential.
The suitability and the fit of the submission with respect to the Nokia Future X Network architecture.