Murray Hill-based Bell Labs, the industrial arm of Alcatel-Lucent, announces that it has selected the three winners of the first Bell Labs Prize. Designed to provide motivation and incentive to drive disruptive innovation, the Bell Labs Prize recognizes proposals that “change the game” in the field of information and communications technologies by a factor of 10.
In addition to the cash prizes, all of the finalists will be offered the chance to continue to collaborate with Bell Labs to further explore and develop their ideas.
Since the creation of the Bell Labs Prize six months ago, almost 500 applicants submitted their ideas for consideration. As one of the pre-eminent global research organizations, Bell Labs has a rich history of identifying and solving some of the greatest challenges facing the information and telecommunications industry. Recognized by some of the most prestigious technology organizations for their contributions over the years, the company set forth to identify some of the next great minds in the field and find new ways to contribute to the growth of technology in innovative ways.
“It is a historic day for both Alcatel-Lucent and Bell Labs,” said Marcus Weldon, president of Bell Labs. “We were extremely pleased by the myriad innovative ideas and concepts that were proposed, and we are excited to see where these ideas might lead. The unique research and proposals presented here truly embody the spirit and mission of Bell Labs. And the feedback we have received from the 23 applicants who got the chance to collaborate with Bell Labs researchers in the latter phase of the competition has been phenomenal — they were amazed to discover what it means to be part of Bell Labs even for just a few days or weeks.”
Michel Combes, CEO of Alcatel-Lucent, added: “The Bell Labs Prize is fully aligned with Alcatel-Lucent’s innovation strategy which is firmly focused on developing game-changing partnerships and fostering open innovation. Given the exceptional quality of applications received and the enormous potential of the projects presented by the three winners, we envision the Bell Labs Prize becoming a prestigious and productive award for the ICT industry. We’re now looking forward to watching the projects presented develop further through the partnership between the winners and our researchers.”
In addition to the three winners, finalists included:
The seven finalists presented their ideas to a panel of judges, including Alfred V. Aho, Bell Labs alumnus and professor at Columbia University; John Cummins, senior adviser with Hawkpoint Partners; Kevin Fitchard, technology writer with Gigaom; Marcus Weldon, president of Bell Labs and CTO of Alcatel-Lucent; Michel Combes, CEO of Alcatel-Lucent; Robert Wilson, senior scientist at the Smithsonian Astrophysical Observatory of the Harvard Smithsonian Center for Astrophysics; Dr. Sangchul Lee, CEO of LG+; and Siya Xuza, entrepreneur.
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