Light Reading
Winners will collaborate with industry experts and Nokia stakeholders.

Nokia Networks Names Innovation Challenge Winners

Light Reading
News Wire Feed
Light Reading
7/10/2014
50%
50%

MOUNTAIN VIEW, Calif. -- On April 10, Nokia Networks launched its Silicon Valley Open Innovation Challenge, offering the brightest innovators an opportunity to collaborate with the company on game-changing ideas to help shape the future of the telecommunications industry. After receiving 90 submissions, Nokia Networks chose seven finalists for one-on-one coaching in preparation for the event finale, where two grand prize winners were named.

The challenge, which was also supported by Nokia Growth Partners, Nokia Technologies and the Telecom Council of Silicon Valley, invited participants to submit innovation solutions for big data analytics and telco cloud, two of the most disruptive areas for mobile networks. Finalists participated in technical workshops with experts and decision makers from Nokia Networks and its Technology & Innovation organization. The grand prize winners won a trip to Nokia’s headquarters to meet with company leadership as part of its commitment to explore joint solutions. In addition, each finalist was assigned a Nokia ‘Innovation Champion’ to guide their innovation journey within the company over the next few months. Nokia Growth Partners also invited the seven finalists for a next round of engagements.

“Great innovation takes openness, collaboration and multi-disciplinary experts working together on big ideas to solve big challenges,” said Hossein Moiin, executive vice president and CTO for Nokia Networks. “That’s why we take great pride in contributing to and collaborating with the Silicon Valley innovation community. Our approach is to create a platform, orchestrate the ecosystem and build partnerships to co-create, accelerate and perhaps even disrupt the wireless industry. We are very pleased with the caliber of submissions we received. Congratulations to all the finalists – they all are winners and we welcome them to a journey with Nokia that begins now.”

Grand prize winner: Midokura (www.midokura.com), for ‘MidoNet’, a complete overlay networking virtualization solution that redefines SDN for telco clouds. MidoNet provides a software-based virtual networking layer within an existing physical network infrastructure, making the once costly and burdensome physical network into a flexible platform with massive scalability.

"Nokia Networks has a rich tradition of innovation and a deep understanding of the needs of network operators. We look forward to collaborating with the company to open a new chapter in the creation of a next generation of telco cloud," said Dan Dumitriu, CEO of Midokura.

Grand prize winner: ParStream (www.parstream.com), for its disruptive database technology that processes extreme volume and velocity of big data faster than the speed of light. ParStream provides immediate insights from massive, continuously growing amounts of data, based on unique, patented algorithms, and enables new types of applications in ecommerce, telco, finance, retail and many other industries.

“Nokia Networks is leading the way in identifying cutting-edge innovation to disrupt their industry and obtain a competitive advantage. We look forward to working with the company and their customers on groundbreaking solutions that analyze the massive and rapidly growing amounts of data being generated from wireless networks,” said Peter Jensen, CEO of ParStream.

A special prize for the ‘Most Promising Startup’ was awarded to StreetLight Data (www.streetlightdata.com), a company which uses anonymized telco archival data to figure out how people move and then pinpoint where businesses should follow them. StreetLight Data helps retailers and urban city planners make the right location decisions by providing metrics for any address in the US, and describing the group of people who work, live, shop, walk, drive, or generally spend time near that address.

Four other companies reached the finals of the competition:

Jolata (www.jolata.com) for its virtually zero footprint software probe, Observation Point (OP), which installs anywhere in, at or alongside a network element to measure and report end-to-end network latency – hop-by-hop, and on up to every packet and flow. The Jolata solution visualizes unprecedented network detail, in real-time, with microsecond accuracy and at millisecond intervals. It also provides a recommendation engine for predictive and prescriptive network operations.

NetRounds (www.netrounds.com) for transforming the testing and measurement industry by offering a downloadable network appliance tailored for service assurance and end-user experience measurements. Globally available through the public cloud as a SaaS subscription, NetRounds effectively transforms bare metal x86 hardware or virtual machines into professional test and measurement devices. These can start remote troubleshooting within minutes, reducing time and cost to solve complicated customer issues by up to 90 percent.

Danateq (www.danateq.com) for LINK, its real-time, self-learning “congnitive” analytics platform. LINK has the vision of enabling enterprises to implement continuously improving automated business processes through cognitive loops. In the telecom industry, Danateq is enabling operators to create 360° customer views as the first step to a cognitive enterprise.

NetNumber (www.netnumber.com) for TITAN, the industry’s only common infrastructure for the virtual delivery of real-time signaling control, policy enforcement and subscriber database services. This represents a paradigm shift for building a radically simplified core network where all signaling control services are provided on a common TITAN infrastructure. This makes signaling a non-issue and reduces signaling complexity and traffic by 50 percent.

The Open Innovation Challenge entries were reviewed and voted on by a jury of 70 judges, comprised of members from Nokia Growth Partners, Nokia experts, consultants and customers, and external innovation experts. The top 20 entrants and five wildcards were then invited to deliver an “elevator pitch” to selected jurors. Apart from the seven finalists, 11 demo spot winners were selected to join the finale event held to showcase their innovation to the 125 telecom leaders representing Nokia management, venture capitalists, operators, CEOs of telecom startups, innovation experts and consultants.

Additional info on the finalists and winners can be found at http://nsn.com/OpenInnovationChallenge.

Nokia Networks

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Flash Poll
From The Founder
It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
LRTV Interviews
CenturyLink: Building the Case for NFV

12|19|14   |   02:14   |   (0) comments


At the 2020 Vision Executive Summit, James Feger, VP, Network Strategy & Development at CenturyLink, talks about how the US operator is approaching virtual network functions from an operational and business case perspective.
LRTV Interviews
Liberty Global Sees Business Goldmine

12|18|14   |     |   (0) comments


Steen Sorensen, VP of business services for Liberty Global, explains where the giant international MSO sees growth potential.
LRTV Documentaries
EE: The Road to 5G

12|16|14   |   16:02   |   (1) comment


Andy Sutton, the principal network architect at UK mobile operator EE, explains how his company is using Wembley stadium as a wireless test bed and how that's helping EE to plan the evolution to 5G.
LRTV Huawei Video Resource Center
Highlights of Huawei's NFV Open Cloud Forum 2014

12|16|14   |     |   (0) comments


Huawei hosted its inaugural NFV Open Cloud Forum during the SDN & OpenFlow World Congress 2014 in Düsseldorf, Germany. The Forum brought together technology thought leaders, senior executives and telecom professionals from global carriers, industry associations, as well as other partner companies in the ecosystem, to exchange views on and collectively explore how ...
LRTV Custom TV
Realizing Operators' Digital Vision

12|16|14   |   5:23   |   (0) comments


Leveraging technology is fundamental to digital transformation but understanding customers and serving them really well is at the heart of digital businesses. TM Forum lists the following as the strategic pillars of the digital business: business agility and rapid innovation, operational agility and effectiveness, IT and data centricity, plus customer centricity. ...
LRTV Documentaries
US Cellular Injects Analytics Into LTE

12|16|14   |   2:57   |   (1) comment


US Cellular's Mario Vela explains how the operator uses analytics for network planning and what comes next as the carrier looks to eke more value out of its metrics.
LRTV Interviews
How Cox Biz Plans to Keep Growing

12|15|14   |     |   (2) comments


Steve Rowley, SVP of Cox Business, details how the third-biggest US MSO intends to boost its revenues to $2 billion and beyond over the rest of the decade
LRTV Huawei Video Resource Center
Interview With Bill Zhang, Director of SoftCOM Product Management, Huawei

12|15|14   |   2:50   |   (0) comments


Bill Zhang elaborated on Huawei's open philosophy in NFV solution development and network architecture design at the SDN & OpenFlow World Congress 2014.
LRTV Huawei Video Resource Center
Event Highlights: Huawei at SDN & OpenFlow World Congress 2014

12|15|14   |   3:43   |   (0) comments


Huawei joined the 2014 SDN & OpenFlow Congress as one of the key sponsors and contributors. At the event, Huawei reinforced the openness and flexibility of its network infrastructure strategies, and provided updates on its SDN and NVF innovations. Through participations at the exhibitions, forums and speeches, Huawei encouraged the industry to "think bigger and ...
LRTV Interviews
How Cable Biz Services Hit $10B Mark

12|12|14   |     |   (1) comment


Cable operators reached $10 billion in annual business services revenues by delving deeper into their vertical markets and expanding beyond the smallest firms.
LRTV Documentaries
Mediacom Aims to Test Connected Tractors

12|11|14   |   05:07   |   (3) comments


Cable business service provider is taking its services to the 'agribusiness' sector in partnership with farm equipment specialist John Deere and is getting involved in Gigabit Cities developments.
LRTV Interviews
TWC Business Looks Beyond $3B

12|10|14   |     |   (0) comments


TWC Business Services chief Phil Meeks explains how his unit has reached $3 billion in annual revenues and what its plans are for next year.
Upcoming Live Events
February 10, 2015, The Westin Peachtree Plaza, Atlanta, GA
March 17, 2015, The Cable Center, Denver, CO
April 14, 2015, The Westin Times Square, New York City, NY
May 6, 2015, McCormick Convention Center, Chicago, IL
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 9-10, 2015, Chicago, IL
Hot Topics
T-Mobile, BlackBerry Flirt With Reuniting
Sarah Reedy, Senior Editor, 12/17/2014
1-Gig: Coming to a Small Town Near You
Jason Meyers, Senior Editor, Gigabit Cities/IoT, 12/17/2014
Comcast Launches 4K Streaming Service
Alan Breznick, Cable/Video Practice Leader, 12/18/2014
US Carriers, You're Going to Cuba!
Mitch Wagner, West Coast Bureau Chief, Light Reading, 12/18/2014
T-Mobile Lights Up 27 Wideband LTE Cities
Sarah Reedy, Senior Editor, 12/15/2014
Like Us on Facebook
Twitter Feed
Webinar Archive