The CODE_n Contest is on the lookout for young entrepreneurs with fresh, unconventional business ideas. The competition – based each year on an issue of global relevance – finds the most promising startups from around the globe.
„Into the Internet of Things“
Once again, the CODE_n Contest is focusing on a digital hot topic in 2015: the Internet of things is sure to keep businesses in all industries very busy in the coming years.
The Internet of things describes the unique ecosystem that has been formed by the increased networking of machines of all kinds – from devices we use every day to vehicles, entire factories and even urban infrastructure. The market research company IDC estimates a global market volume of US$7.1 billion in 2020 for the Internet of things, and a yearly growth rate of, on average, 17.5 percent.
The CODE_n Contest is looking for young companies with promising business models related to the following areas of the Internet of things:
The area of “digital life” includes things like wearable items (clothing or accessories) that measure the wearer’s movements or biometric data and intelligently processes this information – be it for lifestyle purposes or medical applications.
Smart home solutions give users remote control of household items. These types of innovations allow people who need special care or attention to live at home for longer. Solutions of this kind generally use sensors to assess situations, for example, detecting if someone has fallen and triggering an emergency response.
This area also includes novel ideas for retailers. Thanks to state-of-the-art technologies, they can enhance shopper experience with tailored solutions that make shopping more comfortable for customers – for example, through mobile purchases.
The “smart city” area includes solutions related to urban infrastructure, which improve quality of life in our cities and foster the resourceful use of energy. The intelligent control of street lamps or automated systems to check air and water quality are just some of the potential application areas.
Thanks to the Internet of things, the construction progress for streets and buildings can be continually monitored. Yet the “smart city” area also extends to include security concepts for large-scale events or buildings like public shopping centers.
“Future mobility” is an area for autonomous driving solutions based on groundbreaking car-to-car communications technologies, including automatic direct emergency calls in case of traffic accidents.
The Internet of things is particularly interesting for businesses when it comes to fleet management. Real-time route management – which not only includes cars but all available modes of transportation – serves to actively prevent traffic jams and make traveling more enjoyable.
“Industry 4.0” relates to all applications along the value chain in industrial manufacturing. This includes smart logistics solutions that can be used to monitor the location and condition of various items at any time, as well as optimized resource planning with early detection of potential warehousing problems or the prevention of delivery bottlenecks due to low stock levels.
In factories, the Internet of things ensures optimal production processes at peak plant times thanks to machine-to-machine communications. Add to this intelligent services that enhance the work quality in factories – things like air quality control and temperature monitoring or the detection of hazardous gases or radiation.
Take your chance to win the coveted CODE_n Award and prize money of €30,000.
CODE_n selects 50 finalists from all of the applicants each year and gives them a once-in-a-lifetime opportunity to present their companies at the most important event for the digital industry: the CeBIT trade show in Hanover, Germany. From March 16-20, 2015, they will get to showcase their business concepts to investors, the international press, and thousands of visitors over the course of five days – all in CODE_n's one-of-a-kind exhibition area in Hall 16.
You can apply for the CODE_n Contest – "Into the Internet of Things" – via our website as of September 1, 2014.
The closing date for submissions is November 30, 2014.
The 50 finalists of the CODE_n Contest will be announced on January 28, 2015.
Want to pre-register to be informed about the latest news on the CODE_n Contest? Just send us an e-mail to contest@. code-n.org