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
LRTV Custom TV
A New Security Paradigm in SDN/NFV

7|28|14   |   02:54   |   (0) comments


Paul Shaneck, Global Director Network Solutions for Symantec, discusses the evolving virtualized network, explaining how Symantec is leading the security discussion as it relates to SDN and NFV, and helping to ensure the network is protected and compliant.
LRTV Documentaries
Sprint's Network Evolution

7|24|14   |   14:59   |   (0) comments


Sprint's Jay Bluhm gives a keynote speech at the Big Telecom Event (BTE) about Sprint's network and services evolution strategy, including Spark.
LRTV Documentaries
BTE Keynote: The Software-Defined Operator

7|24|14   |   18:43   |   (1) comment


Deutsche Telekom's Axel Clauberg explains the concept of the software-defined operator to the Big Telecom Event (BTE) crowd.
Light Reedy
Numbers Are In: LR's 2014 Salary Survey

7|24|14   |   1:25   |   (7) comments


Our fourth annual Salary Survey paints a picture of who's hiring, firing, earning, and yearning for a change in the telecom industry.
LRTV Custom TV
Driving the Network Transformation

7|23|14   |   4:29   |   (0) comments


Intel's Sandra Rivera discusses network transformation and how Intel technologies, programs, and standards body efforts have helped the industry migration to SDN and NFV.
LRTV Custom TV
Distributed NFV-Based Business Services by RAD

7|18|14   |   5:38   |   (0) comments


With the ETSI-approved Distributed NFV PoC running in the background, RAD's CEO, Dror Bin, talks about why D-NFV makes compelling sense for service providers, and about the dollars and cents RAD is putting behind D-NFV.
LRTV Custom TV
MRV – Accelerating Packet Optical Convergence

7|15|14   |   6:06   |   (0) comments


Giving you network insight to make your network smarter.
LRTV Custom TV
NFV-Enabled Ethernet for Generating New Revenues

7|15|14   |   5:49   |   (0) comments


Cyan's Planet Orchestrate allows service providers and their end-customers to activate software-based capabilities such as firewalls and encryption on top of existing Ethernet services in just minutes.
LRTV Custom TV
Symkloud NVF-Ready Video Transcoding, Big Data

7|9|14   |   3:41   |   (0) comments


Kontron and ISV partner Vantrix demonstrate high-performance video transcoding and data analytic solutions on same 2U standard platform that is ready for SDN and NFV deployments made by mobile, cable and cloud operators.
LRTV Huawei Video Resource Center
The Evolving Role of Hybrid Video for Competitive Success

7|4|14   |   4:09   |   (0) comments


At Huawei's Global Analysts Summit in Shenzhen, China, Steven C. Hawley from TV Strategies speaks to us about the evolving role of hybrid video for competitive success.
LRTV Huawei Video Resource Center
How CSPs Leverage Big Data in the Digital Economy

7|4|14   |   4:48   |   (2) comments


Justin van der Lande from Analysys Mason shares with us his views on how telecom operators can leverage customer asset monetization with big data. His discusses the current status of big data applications and the challenges and opportunities for telecom operators in the digital economy era.
LRTV Huawei Video Resource Center
Accelerator for Digital Business – Future Oriented BSS

7|4|14   |   3:08   |   (0) comments


Mobile and internet are becoming intertwined; IT and CT are integrating; and leading CSPs have begun to transform to information service and entertainment providers. How should the BSS system evolve to enable this transformation? Karl Whitelock, an analyst at Frost & Sullivan, shares his views.
Upcoming Live Events!!
September 16, 2014, Santa Clara, CA
September 16, 2014, Santa Clara, CA
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
Packet Design asks network professionals how they handle the cloud, SDN, and network management.
Today's Cartoon
Vacation Special Caption Competition Click Here
Latest Comment
Hot Topics
Is Windstream Boldly Setting a New Trend?
Carol Wilson, Editor-at-large, 7/29/2014
Sprint, T-Mobile: The Price War's On
Sarah Reedy, Senior Editor, 7/30/2014
Pics From Comic-Con -- Honest!
Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/30/2014
If Not Muni Networks, Then What?
Carol Wilson, Editor-at-large, 7/28/2014
Verizon Applies 3G Throttling Policy to LTE
Sarah Reedy, Senior Editor, 7/25/2014
Like Us on Facebook
Twitter Feed