According to the McKinsey Global Institute, the Internet of Things could have an annual economic impact of $3.9 trillion to $11.1 trillion worldwide by 2025. What’s more, it is predicted that the IoT installed base will increase by about 15 to 20 percent annually through 2020.
WARP NB-IoT is powered by hub:raum, a part of Deutsche Telekom’s ecosystem. It is a chance for companies to introduce or develop their ideas in the Narrowband-IoT area. WARP NB-IoT helps by accelerating product to market, prototyping and market implementation backed by a solid background of expert knowledge. What’s more, startups may count on an appealing blend of benefits including potential investment from hub:raum, as well as financial support for the Pilot Project, access to the NB-IoT live network, technical support for prototypes and a chance to conduct trials dealing with real customers as well as commercial implementation.
NB-IoT is a LPWAN radio technology standard dedicated for IoT devices. It is open, independent of any company and works on licensed frequency band which belongs to mobile operators that ensures high certainty and service quality. Key benefits 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 of course, low cost. Some examples of NB-IoT systems are optimization of controlling systems of street lights, metering, parking places or waste management and also an entirely new way of tracking assets, bicycles or pets.
Deutsche Telekom will roll-out NB-IoT in eight countries: Germany, the Netherlands, Greece, Poland, Hungary, Austria, Slovakia and Croatia so it will be an opportunity for startups to implement their systems for clients in those markets. So far, in the NB-IoT Prototyping Hub program, DT’s has successfully trialled with customers 16 products and head up further (pre-)commercial tests and implementations.
The application form is available on www.bit.ly/ApplyToWARPNB-IoT. The deadline for the application is until July 17th, 2017.