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Global open innovation contest looks for "society-changing" ideas

NTT Data experts will work with respective winners to determine where the start-up company’s product or service could be used in its client ecosystem.

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NTT Data says technology and those who create it have a responsibility to improve communities
NTT Data says technology and those who create it have a responsibility to improve communities

NTT Data is calling on start-up businesses around the globe to submit ideas for new technologies that can make the world a better place.

 

Worldwide, regional contests will be held in 15 cities across 13 countries, where either one or two winner(s) in different business challenges will be chosen. In North America, regional competitions will be held in Vancouver, British Columbia on 29 October, Boston on 8 November, and San Francisco on 21 November. In India, a contest event will be hosted in Bangalore on 9 September 2019.

 

Open innovation contest

 

Winning start-ups of the 10th instalment of its annual international open innovation contest will receive help to launch their ideas with the support from NTT’s global resources and client network.

 

“[Our] open innovation contest exists to help society-changing technologies and ideas get their start,” said Eric Clark, chief digital officer, NTT Data Services.

 

“We believe that technology and those who create it have a responsibility to improve our communities. The contest’s aim is to identify innovators whose unique ideas, combined with our guidance and our client’s business drivers, can make a positive impact on society.”

“The contest’s aim is to identify innovators whose unique ideas, combined with our guidance and our client’s business drivers, can make a positive impact on society”

The grand champion contest winner will be funded up to $100,000 to develop a proof of concept (POC) with NTT Data clients and the support of a team of consultants, technologists and business experts.

 

NTT Data experts will work with their respective winner(s) to determine where the start-up company’s product or service could be used in the company’s client ecosystem and will help hone their presentation for the grand finale.

 

“This contest is an important measure to realise the following three strategies for NTT Data Group: the contest promotes innovation that helps tie back to the UN’s sustainable development goals; helps unleash our employees’ potential that maximises organisational strengths; and, most importantly, delivers great value to our clients all over the world based on their regional needs,” said Yo Honma, CEO, NTT Data.

 

Previous winner

 

Last year’s global contest champion, India-based FlytBase is working with NTT Data experts to field the world’s first Internet of Drones platform for easily deploying intelligent drones connected with cloud-based business applications.

 

Start-up companies can submit their proposal for a collaborative business with NTT Data group companies in the following fields: healthcare and life sciences; finance, insurance and payments; automotive and mobility-as-a-service; telecom and IoT; in-store front and marketing digitalisation; smart automation; data distribution and disruptive social innovation

 

For more information and how to apply, visit NTT Open Data or send an inquiry to [email protected].

 

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