ChallengeUp! startups are heading to the finish line
ChallengeUp!, the joint program for Internet of Things (IoT) startups, organized by Deutsche Telekom, Intel, Cisco and powered by hub:raum, enters its crucial phase. The twelve carefully selected startups have already been working with their mentors for several months to develop ideas, prototypes, and identify joint use cases. We present four startups that are supported by mentors from Deutsche Telekom. Who knows, maybe the next big IoT innovation is among them?
- eParkomat is a solution with an algorithm to predict the real-time parking situation with high accuracy by monitoring the moving mobile devices within a mobile network.
- ivii (Smart Worker) offers smart knowledge transfer via real-time video communication enhanced by augmented reality. It connects you across geographical distances, helps to overcome language barriers and opens new possibilities in service support.
- TERAKI offers big data optimization solutions from any type of IoT sensor. They allow customers to send additional sensor data by collecting key data at the source using current hardware capacities. TERAKI combines hardware, software and cloud-services to enable more data to be send.
- VisionLabs developed a world-leading visual recognition technology. The solutions can be used in finance, retail, video surveillance and security sectors. VisionLabs is currently working on a use case to integrate face recognition into a video conferencing system.
On September 12th, the startups presented their IoT solutions in our headquarters in Bonn to a large number of attendees, among them several Telekom employees. We are proud to report that all of the IoT solutions were well regarded by the attendees. This is a good sign for the future, indicating a high interest level on the part of the general public.
And the effort is worth it. Startups that successfully complete the program may be eligible for potential co-investment by three corporations and support with commercializing their product or service for global markets. The finish line will be in Berlin during the big ChallengeUp! Summit on 28th – 29th of November 2016. Stay tuned – we’ll keep you posted on who will be the lucky one!
You can meet all the startups and read more information about the program: http://challengeup.eu/
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