Italtel introduces open innovation program

New innovation model encourages industry partnerships to enable next-generation technologies.

Italtel has launched an Open Innovation program, which will see it collaborate with start-ups and new businesses to leverage emerging technologies for applications such as Industry 4.0, Smart Cities and Digital Healthcare.
 
The program will see Italtel collaborate with start-ups and smaller enterprises to develop and test their solutions, with the goal of jointly commercializing them. It will initially focus on the Internet of Things (IoT), Blockchain and cybersecurity technologies.
 
Italy has a rich entrepreneurial fabric which stimulates creativity and innovative ideas, but start-ups and small businesses are often limited in what assets they have to develop these ideas further,” said Luca Ferraris, Head of Strategy, Innovation & Collaboration, at Italtel. “This is why this program is so important; it provides an innovation network and an opportunity to collaborate which is not limited to the laboratory.”
 
The use of physical spaces, test plants and IT resources are among the resources Italtel can offer to program participants in Settimo Milanese and Carini (Palermo). In exchange for this support, Italtel will be able to utilize the technologies and applications created under the program and quickly bring them to market.
 
Since the launch of the program six-months ago, 60 participating companies have already received appraisal for their ground-breaking work, leading to new opportunities in Industry 4.0.
 
“The scheme is a great opportunity for our partners to receive support in overcoming key industry hurdles frequently faced when launching new products and to have a platform which enables them to reach global markets,” added Ferraris.
 
Businesses that create a cycle of savings and investment in innovation are 2x as likely to report...
Host in Ireland becomes Digital Infrastructure Ireland to champion industry growth and policy...
New agreement expected to enhance Travelport's global infrastructure, focusing on operational...
Private 5G network transforms Belgium’s largest printing company into a state-of-the-art digital...
AI investment booms with major gap between AI ambitions and employee readiness.
New findings from Freshworks’ AI Workplace report have revealed that over half (52%) of Gen Z...
Out-of-date data an issue for the majority alongside visibility, reporting, and digital bureaucracy.
AI adoption has skyrocketed over the past years as businesses and individuals increasingly...