hub:raum, the Deutsche Telekom startup incubator is now taking communication with "things" to a new level. The company has launched a new WARP NB-IoT program dedicated to startups and growing companies that can join a unique NB-IoT network for projects across Europe.
According to a report by McKinsey Global Institute, the Internet of Things could have an annual economic impact of up to $11.1 trillion worldwide by 2025. The report also expects the IoT installed base will increase by about 15 to 20 percent annually through 2020.
NB-IoT is a Low Power Wide Area Network (LPWAN) radio technology standard dedicated for Internet of Things devices. It is open, independent of companies and works on licensed frequency band which belongs to mobile operators that ensures high certainty and service quality. The huge benefit of NB-IoT include long battery life, short data rates, deep indoor penetration by signal, multitude devices connected by cell, worldwide standard, plug&play installation, high-security level, and low cost. The best use cases of NB-IoT solutions are optimization of controlling systems for street lights, metering, parking places or waste management and also an entirely new way of tracking assets, bicycles or pets.
The WARP NB-IoT program is powered by hub:raum, as part of the Deutsche Telekom ecosystem. It is a chance for companies to introduce or develop their ideas in the Narrowband-IoT area, even if they use different low power solutions. WARP NB-IoT helps with prototyping and can help accelerate deployment to the market. Startups may also count on a number of benefits including potential investments from hub:raum, as well as financial support for the Pilot Project, access to the exceptional NB-IoT live network, technical support for prototypes and a chance to make a trial deal with real customers as well as commercial implementation.
Deutsche Telekom will roll-out NB-IoT in eight countries: Germany, the Netherlands, Greece, Poland, Hungary, Austria, Slovakia and Croatia. It will be an opportunity for startups to implement their solutions for clients in those markets. So far, in the NB-IoT Prototyping Hub program, DT has successfully developed 16 products that have been tested by potential customers.
WARP NB-IoT is a program dedicated to startups and growing companies having products or working prototypes across various areas, for example smart cities, smart tracking, smart industries, smart health, smart agriculture or smart property.
Click here to apply for the program. The last day for application submission is July 17th, 2017.
