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Nokia Open Innovation Challenge 2019

Nokia Open Innovation Challenge 2019

Nokia Open Innovation Challenge 2019

About Nokia Open Innovation Challenge 2019

 

Do you have an Industrial Automation innovation that could change the world?

 

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.

 

Process and timeline

 

Submission phase 1

 

April 29 to June 30, 2019

Do you have a product or a solution which will rock the world of Industrial Automation?

 

Please fill in the submission template with the requested information.

 

There are a number of mandatory questions which are required to be filled in to qualify for the challenge and the next round.

 

All the qualified submissions will enter the Assessment round 1.

 

Deadline: June 30, 2019

 

Prize and opportunities

 

Cash prize

 

NOIC Executive Jury will have the power of discretion to allocate the cash prize to the best fitting submission or submissions.

 

$100,000 1st place

$50,000 2nd place

$25,000 3rd place

 

Evaluation criteria

 

Submissions will be assessed on innovativeness, feasibility and scalability of the idea according to the themes as well as the joint business potential. Please also take a look at our solution and product catalog and links within the NOIC pages.

 

The Executive Jury will also assess the suitability and the fit of the submission with respect to the Nokia Future X Network architecture. This will be the main criteria for finalists and their solutions. Finalists will have an opportunity to get familiar with the Nokia Future X Network concepts later in the NOIC process. We encourage applicants to browse through the available material at the end of the themes page.

 

Additionally we will pay attention to great founding teams, who can demonstrate their deep domain expertise and prove they have the abilities to scale their business globally.

 

For more details refer the Official Website

 

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