NTT DATA Accepting Applications for Open Innovation Contest 11

Noticias /NTT DATA Accepting Applications for Open Innovation Contest 11

Submissions for the online cross-border event invited from venture companies worldwide that are accelerating the pace of digital business

August 6, 2020, Tokyo – NTT DATA, a leading IT services provider, has begun accepting applications for the “NTT DATA presents Open Innovation Contest 11” held in coordination with its corporate group companies in locations throughout the world. Applications are being accepted from today, August 6, 2020.

The Open Innovation Contest was launched in 2014 with the aim of encouraging the emergence of new businesses through open innovation. This eleventh contest seeks to foster the creation of new businesses globally, presenting challenges for areas expected to grow as digital businesses—Smart City, Digital Healthcare, and Exponential Technology. Regional qualifying events will be held around the world, with the winners of these contests participating in the Grand Finale event to be held in January 2021. The contest is intended to generate new business through cooperation with NTT DATA.

Of note, to prevent the spread of COVID-19, contests will be held online.

NTT DATA utilizes the open innovation accumulated through this contest, as well as its group companies throughout the world, innovation ecosystem, and other networks to achieve a “win-win-win” for venture companies, customers, and NTT DATA. We will continue to support the creation of new social infrastructure businesses.

NTT DATA Open Innovation Contest Regional Map

Background
Digital business has spread to all aspects of the economy, and continues to advance while incorporating a range of cutting-edge technologies. Through this contest, NTT DATA has considered business ideas with more than 1,500 leading venture companies around the world, with more than 20 case of actual business commercialization in a range of fields.

For this latest contest as well, NTT DATA will work with its group companies around the world to consider potential collaborations, and quickly establish businesses with venture companies.

Overview of Open Innovation Contest 11
Open Innovation Contest 11 aims to strengthen business solutions for common global problems, focusing on the three themes of Smart City, Digital Healthcare, and Exponential Technology. Venture companies with exceptional technologies and services from around the world are invited to participate in regional contests. The contest will utilize an online format that will make participation easier, and allow for potential collaboration with a wider range of exceptional venture companies.

Examination of potential collaboration after the contest
NTT DATA and its group companies worldwide will form dedicated teams to consider potential collaboration with those companies that exhibit good synergy with NTT DATA, and will approach customers with offers for proof of concept (PoC) and other proposals.

NTT DATA will provide up to $100,000 in support for PoC to cover associated costs such a travel, operations, and hardware/software.

Start of application period:

Thursday, August 6, 2020, 15:00 (JST)

Close of application period:

Varies according to host country

Regional contest host countries:

As follows, as of August 6, 2020. Details are subject to change. Specifics of regional contests will be announced on the contest website.

 

Region

Countries

Asia/Oceania

Japan

Europe/Middle East

Italy, Spain, Portugal, Israel

North America

United States

South America

Brazil, Peru, Chile

Contest themes: Smart City, Digital Healthcare, and Exponential Technology. Additional challenge themes may also be set according to the business interests in each region.

Schedule: The application period starts on August 6, with the closing varying by host country. Following the regional contests, the winning companies from each region will be invited to participate in the Grand Finale that will be held in January 2021.

NTT DATA Open Innovation Contest 2011 Schedule

Contest details and application method: Applications can only be submitted through the website. Contest details are subject to change without notice, so please check the official website.

For more information, go to the official contest website. 

About NTT DATA Services

NTT DATA Services is a digital business and IT services leader headquartered in Plano, Texas. We are the largest business unit outside Japan of trusted global innovator NTT DATA Corporation, a top 10 provider and part of the $109B NTT Group. With our consultative approach, we leverage deep industry expertise and leading-edge technologies powered by AI, automation and cloud to create practical and scalable solutions that contribute to society and help clients worldwide. Our global team delivers one of the industry’s most robust and integrated portfolios. This includes consulting, applications, data intelligence and analytics, hybrid infrastructure, workplace, cybersecurity and business process services to help organizations accelerate and sustain value throughout their digital journeys.

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