Press Release
9 March, 2017
Espoo, Finland - Nokia Bell Labs today opens its global competition for the fourth annual Nokia Bell Labs Prize. The Prize recognizes innovators with game-changing ideas in science, technology, engineering, and mathematics with the potential to disrupt or profoundly change the state of human existence and experience by a factor of 10.
Researchers, scientists and innovators in participating countries around the globe are invited to enter their idea proposals until May 1, 2017. Prizes up to $175,000 will be awarded to the first, second and third place winners, who will also be rewarded with an opportunity to collaborate with world-renowned Nokia Bell Labs researchers on the development of their ideas.
The Nokia Bell Labs Prize competition is geared towards innovative proposals that look to solve broader societal and humanistic challenges. These might include ideas that offer disruptive innovations connecting all humans, senses, things, systems, infrastructure, or processes that enable a future where new knowledge is created with an associated 'sixth sense' whose purpose is to save time.
Marcus Weldon, president of Nokia Bell Labs & CTO for Nokia, said: "The energy, innovation and collaboration the Nokia Bell Labs Prize brings to our industry and our research community is incredible, and I am always amazed at the breadth of ideas this competition generates. We look forward to a new round of entries and are excited by the possibilities to fundamentally change our world in profound ways."
The competition continues Nokia Bell Labs' rich tradition of finding solutions to some of the greatest challenges facing the information and telecommunications industry. Nearly 1,000 applicants have submitted ideas to the Nokia Bell Labs Prize competition since its inception in 2014. Previous finalists have come from Belgium, Canada, Germany, Korea, Spain, Switzerland, Turkey, the UK, and the U.S. They include grand prize winners offering solutions that enable a better Internet of Things (IoT), and new ways to simplify Big Data to extract actionable information and knowledge.
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