NB-IoT program targets commercialisation for startups and growing companies

June 20, 2017 //By Jean-Pierre Joosting
Deutsche Telekom startup incubator, hub:raum has recently launched the WARP NB-IoT program dedicated to startups and growing companies that can join a unique NB-IoT network and improve lives and commercialize projects across Europe.

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.