Reading time ( words)
Digital twin and digital ecosystem enablement specialist Iotic was declared Champion of the Telecoms and IoT Domain at the recent Grand Finale of the 10th NTT DATA Open Innovation Contest in Tokyo. The contest is designed to uncover disruptive ideas and innovation from global tech start-up companies that have ‘true potential to change the world’. Iotic was one of 28 finalists from regional contests in 16 cities on four continents, pioneering a wide range of technologies from AI and automation to IoT and Fintech.
Iotic’s Telecoms and IoT Award is recognition of its advanced digital twin technology, which enables digital ecosystems of assets, objects, companies and people to interact automatically and securely across corporate boundaries. Customers including Roll-Royce Power Systems are already using Iotic technology to power digital ecosystems in the manufacturing, transport, construction and healthcare sectors to overcome fractured, inflexible IT infrastructures.
Tom Winstanley, VP New Ventures & Innovation at NTT DATA UK said of Iotic’s victory, “Iotic are addressing a real and growing challenge: how to rapidly combine digital twins across organizational barriers to create new services and insights for their clients and to create smart ecosystems. This ambition matches the NTT Group's agenda and industry focus perfectly. Iotic speaks to the NTT Group vision to enable a smart society through digital twin computing and a sustainable photonic network and computing infrastructure, framed in our R&D program IOWN (Innovative Optical and Wireless Networks) and is a welcome addition to our partner network."
Robin Brattel, CEO at Iotic said “We are very proud of the technology and team that we have developed at Iotic and delighted to have been recognized with this prestige international award by NTT DATA. We were honored to be a finalist alongside 27 of the world’s most innovative start-ups and technologies. The Grand Finale was a fantastic opportunity to exchange ideas and see how, together we can deliver ground-breaking new services, solve previously intractable challenges and change the world. We look forward to collaborating with NTT DATA, enabling digital ecosystems that deliver the Win-Win-Win for Iotic, NTT Group, and the customers they support.”
Ali Nicholl, Iotic’s Head of Engagement who accepted the award, said, “It was a great privilege to be part of the finals in such a highly-respected global contest for innovation and winning the Telecoms & IoT Domain Award is a powerful endorsement of our technology and its potential to deliver disruption.”
The Open Innovation Contest 10 Grand Champion was Israel-based Binah.ai for a solution that measures overall health and wellness simply by using a smartphone video to analyze a person's cheek. Kotaro Zamma, Head of NTT DATA's Open Innovation and Business Incubation, said, “Our annual contest demonstrates that innovation is progressing everywhere, from advanced countries to emerging countries. Issues vary greatly from one region to the next, so different start-ups using the same technology can come up with very different solutions.”