& cplSiteName &

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
Light Reading’s Upskill U is a FREE, interactive, online educational resource that delivers must-have education on themes that relate to the overall business transformation taking place in the communications industry.
NEXT COURSE
Wednesday, July 27, 1:00PM EDT
The Changing Face of the Data Center World
Rodney M. Elder, Senior Solutions Architect, Equinix
UPCOMING COURSE SCHEDULE
Wednesday, August 3, 1:00PM EDT
The Central Office Re-Architected as a Data Center
Guru Parulkar, Executive Director, Open Networking Research Center, Open Networking Lab
Wednesday, August 10, 1:00PM EDT
Telcos & Open Source 101
Phil Robb, Senior Technical Director, OpenDaylight
Friday, August 12, 1:00PM EDT
The Role of Open Source in NFV
Jim Fagan, Director, Cloud Practice, Telstra
in association with:
From The Founder
The more things change, the more they stay the same for Juniper's next-gen comms solutions, and that's a good thing.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Custom TV
NetScout: Maximizing Enterprise Cloud for Digital Transformation

7|20|16   |   04:53   |   (0) comments


Light Reading Editor Mitch Wagner talks to NetScout CMO Jim McNiel about maximizing the benefits of enterprise cloud and digital transformation while minimizing potential pitfalls with a proper monitoring and instrumentation strategy.
Women in Comms Introduction Videos
Ciena's VP Offers a Career Crash Course

7|20|16   |   4:14   |   (0) comments


How did Ciena's Vice President of Sales, Angela Finn, carve out her career path? Simple, she tells WiC. She stayed true to her company, customers and principles. She shares her advice for women on how to be authentic and credible, as well as for companies that want to make a real change to their culture and practices.
LRTV Custom TV
NFV in 2016: Part 2 – Climbing the Virtualization Maturity Curve

7|19|16   |   06:56   |   (0) comments


Many of the initial use case implementations are single-vendor and self-contained. The industry is still climbing the virtualization maturity curve, needing further clarity and stability in the NFV infrastructure (NFVi) and greater availability and choice of virtualized network functions (VNFs). Interoperability between NFVis and VNFs from different vendors ...
Telecom Innovators Video Showcase
Versa Networks' Kumar Mehta on SD-WAN Managed Services

7|19|16   |     |   (0) comments


In Silicon Valley, Steve Saunders sits down with Versa's Kumar Mehta for an interview focused on why service providers are building SD-WAN managed services, and how Versa's telco customers are innovating.
LRTV Custom TV
Juniper Networks & The Evolution of NFV

7|19|16   |   06:01   |   (0) comments


Senior Juniper Networks executives talk to Light Reading Founder & CEO Steve Saunders about NFV developments and the recent independent evaluation by test lab EANTC of Juniper's Cloud CPE solution.
LRTV Interviews
CenturyLink Goes Beyond Managed WiFi

7|19|16   |     |   (0) comments


CenturyLink's managed WiFi allows enterprises, such as retailers and resorts, to track guest WiFi usage in order to help them better communicate with customers.
LRTV Interviews
AT&T Launches Network Functions on Demand

7|17|16   |   05:26   |   (0) comments


Roman Pacewicz, Senior Vice President, Offer Management & Service Integration, AT&T Business Solutions, discusses the operator's launch of its Network Functions on Demand service.
LRTV Interviews
Enterprise Pitch for Ciscosson

7|14|16   |   04:43   |   (0) comments


After seven months of near silence, Cisco and Ericsson executives publicly discussed details on their extensive partnership. Among the tidbits shared by Martin Zander, VP, group strategy programs, Ericsson, and Doug Webster, VP service provider marketing, Cisco: The partnership was initially launched to serve the service provider market, but is already gaining ...
Wagner’s Ring
Cisco Faces Up to Hypercloud Threat

7|13|16   |   02:42   |   (0) comments


Facebook, Amazon and Google mostly don't buy branded technology for their networks – they build their own. That's a threat to Cisco – and its competitors too – which face potentially dwindling demand for their product. Is Cisco up to the challenge? Light Reading went to the annual Cisco Live conference to find out.
LRTV Huawei Video Resource Center
Building a Better Connected Russia

7|13|16   |     |   (0) comments


At UBBS World Tour 2016, Alla Shabelnikova of Ovum shares the findings of a white paper outlining the challenges and opportunities of broadband rollout in Russia.
LRTV Huawei Video Resource Center
The Global Video Business

7|13|16   |     |   (0) comments


At UBBS World Tour 2016, Roger Feng of Huawei shares insights on the future of video business.
LRTV Huawei Video Resource Center
UBBS World Tour Moscow Highlights

7|13|16   |     |   (0) comments


At UBBS World Tour 2016 at Moscow, Huawei showcases its outstanding progress in video technology.
Upcoming Live Events
September 13-14, 2016, The Curtis Hotel, Denver, CO
September 27, 2016, Philadelphia, PA
November 3, 2016, The Montcalm Marble Arch, London
November 30, 2016, The Westin Times Square, New York City
December 6-8, 2016,
May 16-17, 2017, Austin Convention Center, Austin, TX
All Upcoming Live Events
Infographics
Five of the Top 10 most targeted countries in Check Point Software Technologies' global Malware & Threat Index for Q1 2016 are in Africa.
Hot Topics
SoftBank Muscles In on ARM in $32B Deal
Iain Morris, News Editor, 7/18/2016
Ericsson 'Doubles' Savings Goal as Sales Slump
Iain Morris, News Editor, 7/19/2016
Kevin Lo's Move to Facebook: Sign of Things to Come?
Patrick Donegan, Chief Analyst, Heavy Reading, 7/20/2016
Facebook Gets Its Drone On
Ray Le Maistre, Editor-in-chief, 7/22/2016
Is Dish Going Down the Drain?
Alan Breznick, Cable/Video Practice Leader, Light Reading, 7/21/2016
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
There's no question that, come 2020, 5G technology will turn the world's conception of what mobile networking is on its head. Within the world of 5G development, Dr. ...
I've enjoyed interviewing many interesting people since I rejoined Light Reading, but William A. "Bill" Owens certainly takes the biscuit, as we say where I come from.
Live Digital Audio

Our world has evolved through innovation from the Industrial Revolution of the 1740s to the information age, and it is now entering the Fourth Industrial Revolution, driven by technology. Technology is driving a paradigm shift in the way digital solutions deliver a connected world, changing the way we live, communicate and provide solutions. It can have a powerful impact on how we tackle some of the world’s most pressing problems. In this radio show, Caroline Dowling, President of Communications Infrastructure & Enterprise Computing at Flex, will join Women in Comms Director Sarah Thomas to discuss the impact technology has on society and how it can be a game-changer across the globe; improving lives and creating a smarter world. Dowling, a Cork, Ireland, native and graduate of Harvard Business School's Advanced Management Program, will also discuss her experience managing an international team focused on innovation in an age of high-speed change.