Tuesday, March 3, 2015

Cisco, Deutsche Telekom and Intel Launch Start-up Accelerator

Cisco, Deutsche Telekom and Intel are launching Challenge Up!, a joint Internet of Things (IoT) accelerator for start-ups from the Europe, Middle East and Africa (EMEA) region. The program aims at helping innovative IoT startups go-to-market faster through joint projects, mentoring, high-value networking and corporate assets. Selected companies may also recieve strategic investment and support commercializing their product or service for global markets.

“We are looking forward to the creative ideas for new products and services from across the region to improve how we live and work together. By giving startups access to the complimentary resources of our three global companies we can help them accelerate their ideas into commercial success,” said Christian Morales, Corporate Vice President and General Manager Europe, Middle East and Africa at Intel.

“With an expected 50 billion things connected to the Internet by 2020, the Internet of Everything opens up great opportunities. To help better address these opportunities, Challenge Up! brings together the best of the technology world in an ecosystem of open innovation,” said Mike Flannagan, Vice President of Data & Analytics at Cisco.

http://challengeup.eu/

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