Startup HaiLa Winner of the 2019 Nokia Open Innovation Challenge
The FinancialBuzz website reported that the Canadian startup company HaiLa, which offers technologies that can drastically reduce energy consumption for Internet of Things devices, has won the 2019 Nokia Open Innovation Challenge. HaiLa was awarded €100,000 in financial resources. HaiLa beat out more than 200 other startups from 70 countries around the world that competed in this year’s competition, which involved several assessment rounds. This year’s Challenge, which was launched in April, sought out startups with disruptive ideas in industrial automation categories that would help bring about Industry 4.0. The Challenge was designed to nurture innovative new solutions in automation, robotics and human augmentation.
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