INR Media Network



 
 


 

Nokia to Release Ideas and Innovations to Finnish ICT companies; Ground Breaking Partnership Model Aims to Kick-Start New Success Stories

12:15 pm   -   May 8th, 2009

Nokia, Technopolis and Tekes have unveiled the Nokia Technopolis Innovation Mill, a ground breaking initiative to recycle Nokia s unused ideas and innovations to selected Finnish ICT companies for further development and exploitation. Prepared and launched in cooperation with several Finnish cities, the initiative aims to match ideas with companies that will be able to develop them into world-class products and services.

Nokia s research and development efforts produce massive amounts of new mobile innovations. Only a fraction of the ideas and concepts finally make it in the market as part of Nokia s offering. Consequently, over the years, thousands of potentially successful innovations have been shelved.

This unique initiative to recycle innovations stems from the founding organizations commitment to strengthen the Finnish ICT sector and generate new, internationally competitive businesses. The investments in the development projects to be launched as part of the Nokia Technopolis Innovation Mill are expected to total up to 8 Million Euros, including 4.5 Million Euros of public funding.

The three-year initiative is a joint effort by Nokia, Technopolis, Tekes and several Finnish cities. Tekes, the Finnish Funding Agency for Technology and Innovation, has granted a significant amount of the public funding. Technopolis, one of Europe s largest science and technology park chains, will coordinate the initiative and provide business development services to support and enhance the funding effort. The participating cities add to the funding with the aim of boosting the ICT sector in their regions.

We feel it s important to support the birth and growth of Finnish companies that base their offering on technology and service innovations and aim to build internationally competitive businesses, said Mr. Esko Aho, Nokia s Executive Vice President, Corporate Relations and Responsibility. As we will not take all of the innovations generated by our R&D into production, we are happy to give other competent companies the opportunity to turn these innovations into success stories.

Speeding up the economy calls for a new degree of openness. We hope that the Nokia Technopolis Innovation Mill sets an example that companies across other sectors will follow. The current economic climate is just right for a critical evaluation of intellectual property portfolios and the release of the innovations that are more suitable for others to exploit, continued Aho.

The innovations released by Nokia are in areas such as environmental and energy-related solutions, location based services and advertising, near field communication, mobile security, health care applications and future internet services, among others. The objective is to evaluate the thousands of available innovations and select around one hundred to be matched with a company which demonstrates the best ability to exploit them, and which is then granted funding for further development and commercialization.

More efficient utilization of existing innovations is a novel and interesting perspective in boosting R&D and innovation, said Mr. Martti af Heurlin, Deputy Director General of Tekes. The Nokia Technopolis Innovation Mill is fully aligned with the Finnish national strategic intent to develop new knowledge intensive ventures. Ideally, the initiative will create significant volumes of new international business.

Nokia is demonstrating exceptional corporate responsibility by releasing innovations for further development and use without compensation, said Mr. Keith Silverang, CEO of Technopolis. In economically challenging times we need these kinds of collaborative initiatives that benefit the community as a whole. On top of the innovation and financial support, the participating companies will be offered a wide range of Technopolis business development services to help them ramp-up their businesses swiftly.

A selection committee formed by Nokia, Technopolis and Tekes representatives has already started screening and evaluating the available innovations and candidate companies interested in one or more of the ideas. Potential companies are being screened primarily from the databases of Technopolis, Tekes and the participating cities.

Related Articles:

  1. Service Model Catalyst Applies Telecom Service Assembly Standards to the Cloud Comptel Corporation (HEX: CTL1V), has recently told OSS News Review that BT and Progress Software will be participating in the second phase of the Service Model Catalyst, as it explores the creation of new converged services that include cloud-based Software as a Service (SaaS), Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) [...]...
  2. Neural Technologies named one of Britain’s fastest growing private companies Neural Technologies has been named one of Britain’s fastest growing private companies by The Sunday Times PricewaterhouseCoopers Profit Track 100 report. The risk management software solution provider was included in the prestigious league table which features Britain’s 100 private companies with the fastest-growing profits measured over the last three years of latest available audited [...]...
  3. Comarch Forms Partnership with Ergoman Greece Comarch, a global IT business solutions provider and systems integrator, employing over 3500 people worldwide, has signed a Memorandum of Understanding with Greek company Ergoman, provider of tailor-made solutions in the telecommunications and IT business sector, with the aim of conducting common business development activities in Greece as well as commercial contracts realization on the [...]...
  4. Convergys Thought leadership Speaker Series: Consumers are Increasingly Rating Companies At the Billing and OSS World Conference and Expo in Las Vegas this week, Convergys Corporation (NYSE: CVG), a global leader in relationship management, will share its insights on the importance of integrating product and service catalogs with billing and fulfillment systems to deliver a superior service experience. Conference attendees can visit Convergys at booth [...]...
  5. Fujitsu Boosts Service Offerings to Communication Services Providers with Tribold Partnership Fujitsu, a leading systems integrator and provider of business, information technology and communications solutions, has recently announced a regional partnership with Tribold Limited. Tribold EPMTM is the first solution certified by the Telecommunications Management Forum (TMF) against the Information Framework (SID). TMF is the world’s leading industry association for service providers and their suppliers to access [...]...
  6. Advanced Technologies and Services and WeDo Technologies Announce Global Partnership Advanced Technologies & Services, Inc and WeDo Technologies have announced a Global partnership for their core business: the Revenue Assurance market. ATS has been a leader in Revenue Assurance in North America for the past 14 years. Their customer base includes tier 1 Carriers in the United States, Canada, and Caribbean islands as well as [...]...
  7. Forumville to spotlight cutting-edge business solutions across five key areas at Management World Americas TM Forum, the world’s premier industry group focused on business effectiveness for the communications and media sectors, is to showcase cutting-edge solutions in Forumville, TM Forum’s exclusive innovation center at Management World Americas 2009 (8-10 December, Orlando FL). These solutions will focus on five critical areas that enable service providers to optimize [...]...
  8. Accessing New Revenue Streams and Customers You’ve probably seen the reports highlighting the potential of the M2M and Embedded Mobile markets. With billions of devices that could be connected there are clearly real opportunities for new revenue streams and customers. But just how can you target these fragmented new opportunities? And what business model will allow you to profit [...]...
  9. Middle East Telecom Leaders are an Example for Rest of World to Follow By The current economic downturn and fluctuating energy and food costs is hurting everyone. But can the Telecoms sector start the fight back? With the world in recession regions such as the Middle East and North Africa are stepping up to the challenge to start the fight back. With millions being invested in infrastructure to drive [...]...
  10. Subex sees bright prospects ahead Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, is charting an aggressive go-to-market strategy to grow existing revenues by addressing the dynamic business requirements of the telecom industry. As part of this strategy, Subex will look at deepening its presence in various geographic locations, bringing in [...]...




 


















Moreover Technologies - Telecom news - 30 of 51295 returned
Moreover Technologies - Real-time news and blogs from thousands of sources

Foreclosure Training - Sponsored Link
Ad - How I Made $3,527.00 a Day Flipping Foreclosure Listings From Home.
KDDI eyes deal with India wireless broadband auction winner
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
Earnings pressure may force NZ Telecom to cut its dividend
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
Telstra flags significant gap in NBN talks
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
Unitech Wireless not applying for India 3G auction
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
France Telecom mulls social criteria for top managers' bonuses
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
China Mobile eyes M&As in Asia, Africa
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
Vonage Receives Second Virtual Phone Number Patent
Vonage Holdings Corp. (NYSE: VG), a leading provider of high-quality voice and messaging services over broadband networks, today announced the grant of a virtual phone number patent.? The patent -- No. 7,680,262 ? titled "Method and Apparatus for
Alibaba.com opens Brazil operations
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
Palm CFO sees fiscal Q4 revenue of just $150m
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
Rostelecom Joins OTCQX
Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that Rostelecom (OTCQX: ROSYY, MICEX:
Moody's upgrades America Movil ratings on performance, merger
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
In brief: Google to close China operations in April
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
KDDI eyes deal with India wireless broadband auction winner
© Terrapinn Ltd. ©2009 /img/site/TT_Logo.png / Report claims Internet giant to unveil exit plan next week. /view.aspx?ID=454042 /view.aspx?ID=454042 Dow Jones Fri, 19 Mar 2010 00:00:00 GMT Telco expected to maintain performance amid stiffening
Dongle Users Suffering as Smartphones eat up all the Mobile Broadband Data
Despite analyst claims that mobile broadband will overtake fixed-line in the near future, Broadband Genie can reveal contract data limits for dongle buyers are static or going down, rather than improving - and the blame can be laid firmly at the door of

OSS News Review

Telecom News
Telecom news continually updated from thousands of sources around the net.

Qualcomm, Leap Donate Phones, Service To SDPD

Qualcomm Inc. donated 200 cellular phones to the San Diego Police Department, and Leap Wireless will provide two years of free service for them, Mayor Jerry Sanders announced Thursday.


RIM Makes New BlackBerry Push Service Available To Developers

Research in Motion today announced that its new BlackBerry Push Service is now available to developers.


Vimpel-Communications Q4 2009 Earnings Call Transcript

Vimpel-Communications March 18, 2010 11:30 AM EST Executives Mateo Millett - " FD Ashton Partners Boris Nemsic - " CEO Elena Shmatova - " CFO Andrey Patoka - " Head, B2B Russia Analyst Igor Semenov - " Deutsche Bank Steven Pettyfer - " Bank of America Olga Bystrova - " Credit Suisse William Kirby - " Nevsky Capital Yevgeny Golossnoi - " Troika Ivan ...


After Hours: Palm leads after-hours action following results

Palm Inc. shares were active in after-hours trading Thursday following its third-quarter earnings report in which the company exceeded its previously lowered forecast.


FCC shows off spectrum map

The FCC has launched a beta version of its proposed Spectrum Dashboard, showing who owns which airwaves and where in an easy-to-use format.

If you want to skip the article, here is the direct link to the tool.


Siemens to cut 4,200 jobs at IT business

EUGermany-Siemens-Job Cuts,0123 Siemens to cut 4,200 jobs at IT business Eds: APNewsNow.


China Mobile growth prospects improve

China Mobile's forecast-beating results suggest its years of investment in data services is paying off, helping the world's largest mobile carrier report an unexpected rise in revenue per user.


Sprint preps WiMax smartphone for CTIA launch

Sprint Nextel is reportedly poised to launch the first WiMax 4G smartphone at the CTIA wireless conference next week in Las Vegas.


Sprint to support Google's Nexus One smartphone

Google Inc's Nexus One smartphone will soon be available to subscribers of Sprint Nextel Corp, the second U.S. wireless service provider to announce an agreement to support the touchscreen phone.


As competition heats up, Verizon files complaint to ban Cablevision digital s...

As competition for video subscribers heats up in the New York City area, Verizon Communications Inc.


DT Unveils New Strategy

Deutsche Telekom is aiming to restructure its business and drive up revenue from growth areas through investments in intelligent networks and its portfolio of IT, Internet and network services.


CISCO: Neutral Tandem Deploys Cisco ASR 9000 for Ethernet eXchange Service

SAN JOSE, Calif., and CHICAGO -- Cisco today announced that Neutral Tandem -- a leading provider of tandem interconnection services to wireless, wireline, cable and broadband telephony companies -- has selected the Cisco ASR 9000 Series Aggregation Services Routers to support its new Ethernet eXchange service.


Verizon files patent action against Cablevision

Verizon Communications filed a complaint against Cablevision Systems on Tuesday, alleging that it infringed its patented technology for television set-top boxes, the U.S. International Trade Commission said.


A Broadband Upgrade

Internet service could get a lot faster for a lot more users-- if Congress agrees with the Federal Communications Commission.


Garfield Says FCC Broadband Plan to Help U.S. Compete: Video

March 16 -- Dean Garfield, chief executive officer of the Information Technology Industry Council, talks with Bloomberg's Lori Rothman and Mark Crumpton about the U.S. plan to expand Internet service.



OSS News Review