NTT DATA Selects Gestoos as Open Innovation Contest Champion
NTT DATA, a global IT services provider, announced today that it has selected Barcelona-based startup Gestoos as the Champion of the Open Innovation Contest 7.0 based on its AI solution that enables content and services to be operated simply with hand gestures. The winning proposal was chosen during the contest’s Grand Finale at NTT DATA headquarters in Toyosu, Tokyo on March 22. NTT DATA will collaborate with Gestoos to develop a concrete business plan based on the winning proposal.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180326005313/en/
NTT DATA's Kotaro Zamma and Gestoos founder German Leon (Photo: Business Wire)
The global competition, which is organized annually by NTT DATA, invites high-tech companies worldwide to submit proposals for IT services that offer potential to create new value in global society. The judging panel includes both NTT DATA personnel and outside experts.
The Gestoos AI solution recognizes and interprets subtle physical movements to enable people to operate content and services with just hand gestures. Gestoos’ patented proprietary algorithm uses live data to learn about interactions involving people, objects, spaces and vehicles. The entry was selected as the best idea for a previously unimagined IT service with high value-creation potential for public bodies, private companies and individuals, all customers of NTT DATA.
NTT DATA received 269 applications from around the world starting last December. Between December 6, 2017 and March 2, 2018, regional contests were held across four continents in 15 cities of 14 countries, up from 10 cities of 9 countries last year.
Each of the 15 regional contests selected a winner to present a proposal during the Grand Finale in Tokyo. The proposals covered fields such as fintech, medtech, insurtech, security, artificial intelligence (AI), augmented reality, authentication, AI-supported optical character recognition and navigation.
In addition to the winning prize, an Audience Award was presented to ftcash (Mumbai) and Judges Awards were presented to FOMO Pay (Singapore) and SightCall (San Francisco) by NTT DATA representatives on the judging panel.
German Leon, founder of Gestoos, said: “We are very excited to win this contest because collaboration with NTT DATA will be a huge step for our business. Our AI solution not only sees hands and objects, it sees people in action and understands space and context. It uses live data to learn how to make interactions more human. Ultimately, Gestoos redefines interactions for machines, people and spaces. In collaboration with NTT DATA, we hope to create new and exciting experiences for consumers and industries.”
Kotaro Zamma, Head of NTT DATA’s Open Innovation and Business Incubation, said: “This year’s contest received very strong local support from NTT DATA’s group companies and partners overseas. By promoting open innovation, the hope is that our contest will continue to stimulate new business creation around the world. Going forward, we would like to be a catalyst for open innovation that leads to meaningful changes in global society.”
NTT DATA’s open innovation initiatives have led to the creation of numerous new businesses already. Together with Social Coin, last year’s winner, NTT DATA recently established the “Regional Issue Discovery Lab” to apply AI technology toward innovative solutions that address regional issues.
Each regional contest this year was organized in collaboration with NTT DATA group companies and regional partners: NTT DATA UK and Innovate Finance (UK), everis (Spain, Brazil, Portugal and Chile), MaRS Discovery District (Canada), Institute of Software, Chinese Academy of Sciences (China), NTT DATA Inc. and Runway (U.S.), Deloitte Israel (Israel), Startupbootcamp and Rainmaking Innovation (Singapore, Australia and India) and Asian Payment Network (Singapore).
NTT DATA will hold the Open Innovation Contest in worldwide venues again next year. NTT DATA is confident that the contests are winning propositions for the participating startup companies as well as NTT DATA, client companies of NTT DATA, and global society.
For more about the contestants: http://oi.nttdata.com/en/contest/result.
About NTT DATA
NTT DATA is a leading IT services provider and global innovation partner headquartered in Tokyo, with business operations in over 50 countries. Its emphasis is on long-term commitments, combining global reach with local intimacy to provide premier professional services varying from consulting and systems development to outsourcing. For more information, visit www.nttdata.com
All products, corporations and organization names are registered trademarks or corporate trademarks.
List of Contestants
The following contestants presented at the Grand finale. An asterisk (*) indicates inaugural participation in the contest.
Institute of Software CAS
Weber Shandwick (for NTT DATA Corporation)
(Ms.) Ayumi Matsubara, +81-90-9006-5841
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
China Yiwu Imported Commodities Fair 2019 to Open in May25.4.2019 05:49:00 CEST | Pressemelding
China Yiwu Imported Commodities Fair 2019, the professional platform for international small commodities to enter China, will open on May 23-26, 2019 at the Yiwu International Expo Center in China’s small commodities paradise Yiwu City. The Fair of this year will cover an exhibition area of over 50,000 square meters, providing 2,000 international standard booths in 4 exhibition zones, namely Asia Pavilion I, Asia Pavilion II, European Pavilion and America-Australia-Africa & Cross-border Trade Pavilion. The imported commodities to be displayed will include household items, maternal and child supplies, beauty and personal care, crafts, home appliances, food and beverage, health and nutrition, fashion accessories, creative toys, stationery, sports goods, clothing and accessories. The Fair is expected to attract over 1,500 business companies and organizations from over 100 countries and regions across the world. The number of visitors and buyers will exceed 120,000. The Import Commodities
Biomedical Software Startup BostonGene Secures $50M in Series A Financing from NEC25.4.2019 01:00:00 CEST | Pressemelding
NEC Corporation (NEC; TSE: 6701) and BostonGene Corporation (BostonGene), a Boston, Mass-based biomedical software company, today announced a US$50M series A strategic investment in BostonGene by NEC. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190424006170/en/ BostonGene, a pioneer in the use of biomedical software for advanced patient analysis, has discovered, developed, and patented a holistic approach to cancer treatment by defining the optimal therapy combination for individual patients, with a particular focus on immuno- and targeted therapies. BostonGene’s solution includes: Genome and transcriptome sequencing methods to create a patient’s molecular profile. Algorithms that estimate the immune fitness and cancer characteristics of a patient. A continuously updated expert-curated and Artificial Intelligence (AI)-driven database of cancer research and clinical information. Cloud-native software that delivers a patien
ABS, Google Cloud and SoftServe Partner to Demonstrate Feasibility of AI-enabled Corrosion Detection24.4.2019 15:57:00 CEST | Pressemelding
ABS, Google Cloud and SoftServe completed a pilot project applying artificial intelligence (AI) models to detect levels of corrosion and coating breakdown on ships and offshore structures. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190424005822/en/ ABS, Google Cloud and SoftServe Partner to Demonstrate Feasibility of AI-enabled Corrosion Detection (Photo: Business Wire) The project successfully demonstrated the accuracy of AI in detecting and assessing structural anomalies commonly found during visual inspection. AI techniques could be further used to analyze images over time to understand corrosion and coating breakdown trends. “Digital innovation in AI will change how surveys and maintenance strategies are executed, driving more condition-based approaches to class and maintenance,” said ABS Chairman, President and CEO, Christopher J. Wiernicki. “We are building a future in which digital tools can remotely assess the co
The 2019 .eu Web Awards Launch Today24.4.2019 14:13:00 CEST | Pressemelding
The .eu Web Awards is an online competition designed to acknowledge the best websites using the .eu or .ею extensions in five diverse categories. Anyone who is eligible according to the .eu Web Awards rules can nominate their favourite .eu or .ею. website. This includes .eu and .ею domain name holders themselves, who can nominate their very own website for participation in the .eu Web Awards. “After the successful edition of 2018 with 130 nominations and nearly 10 000 votes for excellent sites, we look forward to awarding the best websites in the five categories”- Giovanni Seppia, EURid External Relations Manager. The 15 finalists will be invited to the .eu Web Awards gala in Brussels on 20 November 2019 where the five winners – one per category – will be announced. The winners will receive a prestigious award package, including a two-month billboard advertising campaign in Brussels Airport, a custom video produced by EURid for their promotional purposes, and a custom trophy and person
The Valence Group Advises INEOS on Its Sale of INEOS Melamines and Paraform to Prefere Resins Holding GmbH24.4.2019 13:54:00 CEST | Pressemelding
The Valence Group Advises INEOS Enterprises, a division of INEOS (“INEOS”), on its sale of INEOS Melamines and Paraform to Prefere Resins Holding GmbH. The Valence Group acted as financial advisor to INEOS Enterprises on its announced sale of INEOS Melamines & Paraform to Prefere Resins Holding GmbH. The agreement covers sites in USA, Germany and Indonesia. INEOS Paraform is Europe’s second largest producer of Paraformaldehyde. INEOS Melamines is a world leader in the supply of melamine resins into coatings, paper, textile, tyre, rubber, and decorative laminates industries. Financial terms of the transaction were not disclosed. About The Valence Group The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking and strategy consulting within the chemicals and materials ind
Centreon EMS Removes IT Monitoring Blind Spots between Hybrid, Multi-Cloud and Physical Networks24.4.2019 13:19:00 CEST | Pressemelding
Centreon, a trusted provider of enterprise monitoring solutions for converging and hybrid IT infrastructures, today rolled out a new release of Centreon EMS, its flagship, end-to-end IT monitoring platform. The new release provides ITOps with holistic and contextual insights, through the integrations needed for today’s distributed, on-premise and multi-cloud - public, private and container - environments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190424005610/en/ Credits: GIF file of Centreon GeoViews. Centreon’s EMS 19.04 release offers ITOps managing a host of legacy assets but now contending with increased cloud workloads and growing networks of connected objects, the integrated visibility needed to ensure end-to-end performance across diverse IT environments. This expanded functionality reduces costs and complexity, aggregating data from across the entire IT infrastructure into a single, holistic view of the various