BANGALORE: ICT solutions provider Wipro Ltd, jointly with Nokia Networks completed the final round of ‘Brainstorm 2014’, an initiative to foster telecom innovation with younger talents and attract them to join the workforce of the two companies.
‘Brainstorm 2014’, which saw over 400 registrations from over 30 premier business management and engineering colleges, across the country, including the IIMs and IITs, provided an opportunity to the engineering and B-school students to present their ideas that can help shape the future of telecom industry.
The top ideas suggested innovative solutions to deal with challenges in the areas of Telco Cloud and Big Data Analytics.
The idea on data service innovation presented by the team from IIFT Kolkata was announced as the best by a panel.
The team from DoMS, IIT Madras, which presented idea on automatic meter reading (AMR) implementation in telecom industry, was the first runner-up, while NITIE Mumbai received the award for the most innovative idea on real time big data analysis for tailor made mobile plans.
Vanessa Candow, Head of IT for R&D, Nokia Networks, handed over the prizes to the winning teams in the presence of Joint Innovation Council members from both Nokia Networks and Wipro at the Grand Finale held in Bangalore. The winners will also have a chance to develop their ideas and deploy the solution in a test environment at the Wipro campus in Bangalore.
Candow said,“Innovation is a vital part of the Nokia culture so it was natural for us to foster innovation with younger academic talents for new technologies and business models, to shape the future of the telecommunication industry. Together with Wipro, we encouraged open collaboration and co-creation through this initiative, bringing out truly exciting ideas that otherwise may not have been highly visible to either company.”
“The telecom industry is witnessing a change with an increased focus on reducing costs and simplifying operations. This has created the inherent need to enable innovation and encourage new ideas,” said Vinay Rawat, Vice-President and Global Head -Network Equipment Providers, Wipro Ltd.