Nokia today officially launched the Nokia Open Innovation Challenge (NOIC), an annual global competition that seeks innovative technologies, products and solutions that can change the world. The focus of this year’s competition is industrial automation and the industrial Internet of Things (IoT) domain, with prize money totaling $175,000 available to winning companies. The winners will also be given access to Nokia Bell Labs research & development resources, as well as opportunities to grow their businesses through joint partnerships with Nokia.
