Light Reading

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        ADD A COMMENT
Flash Poll
From The Founder
Anshul Sadana answers questions from Steve Saunders, Light Reading's founder and CEO, about Arista's CloudVision, a global cloud network controller for workload orchestration and workflow automation delivering a turnkey solution for cloud networking.
Live Streaming Video
CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
LRTV Custom TV
End-User or Enterprise Benefits to the New IP

7|30|15   |   04:27   |   (1) comment


Andrew Coward discusses what the New IP means to end users or enterprise customers. He explains compelling reasons, including how every customer can get their own network, from the transformation to the New IP.
LRTV Custom TV
Network Visibility & the New IP

7|30|15   |   02:23   |   (0) comments


Mukund Srigopal provides an explanation of what network visibility is and how it is essential as service providers transition to the New IP. In addition, the importance of the network packet broker is discussed.
Between the CEOs
Video Exclusive With Basil Alwan, Alcatel-Lucent

7|24|15   |   26:44   |   (5) comments


Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
LRTV Custom TV
VDF: Enable the Financial With Mobile Money

7|20|15   |   06:53   |   (0) comments


Ian Ravenscroft discusses how operators can expand to occupy the entire digital services value chain through service innovation.
LRTV Custom TV
Telefónica on OSS Transformation

7|20|15   |   06:01   |   (0) comments


Jose Gonzales discusses the details of Telefónica's operation transformation program.
LRTV Custom TV
Judi Achmadi on Huawei's Cloud Storage Solution

7|20|15   |   03:33   |   (0) comments


Judi discusses the key business goals of TelekomSigma's public cloud service and how Huawei's solution helps them address challenges.
LRTV Custom TV
KPN Enlightening Digital Business & IT Transformation

7|20|15   |   06:19   |   (0) comments


Rob de Beer discusses the changes that operators need to make with service innovation now coming from the Internet world.
LRTV Custom TV
Stratus Telco-Grade Cloud Solutions & NFV

7|20|15   |   07:34   |   (0) comments


Ali Kafel from Stratus Technologies addresses high-availability concerns within the telco industry with a solution that enables telcos to provide high-availability and stateful fault-tolerance using a software-based approach.
LRTV Documentaries
The Six Million Dollar Business Man

7|20|15   |   01:52   |   (0) comments


Steve Saunders, publisher. A man barely alive after an acquisition malfunction imploded the company he founded. Gentlemen, we can rebuild Light Reading. Better, faster, stronger.
Between the CEOs
CEO Chat With Anukool Lakhina, Guavus

7|20|15   |   38:51   |   (1) comment


Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
LRTV Custom TV
IBM's Flash Storage With Intel QuickAssist

7|20|15   |   03:18   |   (0) comments


Intel's Bev Crair and IBM's Eric Herzog discuss how IBM's V9000 Flash Storage System has helped customers around the world. Featuring real-time compression powered by Intel QuickAssist Technology, the V9000 is a next-gen flash storage solution.
LRTV Huawei Video Resource Center
Thailand's AIS: Transforming to an FMC Operator

7|17|15   |   4:53   |   (0) comments


Saran Phaloprakarn, Senior VP of Fixed Broadband Business Management of Thailand's AIS, was a keynote speaker at the first Asia-Pacific Ultra Broadband Summit in Bangkok. In this video, he talks to Heavy Reading about transforming into an FMC (FBB+MBB+Content) operator.
Upcoming Live Events
September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
November 5, 2015, Hilton Santa Clara, Santa Clara, CA
November 17, 2015, Santa Clara, California
December 1, 2015, The Westin Times Square, New York City
All Upcoming Live Events
Infographics
Network operators start seeing savings from NFV in the first year, according to a study by Affirmed Networks and ACG.
Hot Topics
Robbins Succeeds Chambers as Cisco Changes CEOs
Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/27/2015
Cable Feuds With Senate Dems Over STBs
Alan Breznick, Cable/Video Practice Leader, 7/31/2015
RJio to Launch Its Own 4G Devices Brand
Gagandeep Kaur, Contributing Editor, 7/27/2015
Silence Like Diamonds – Episode 2: Warning Shot
John Barnes, Author, 7/28/2015
Like Us on Facebook
Twitter Feed
September 22, 2015
Media Begins With “Me”
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
Cats with Phones
Comes With Free Phone Stand Click Here
Who says cats don't have any skills?