PHOTO
- In a joint initiative, Zain Iraq, Ericsson and CMC have launched a competition to explore IoT opportunities
- The award aims to highlight the potentials of Iraqi youth and promote new connectivity concepts
Zain Iraq and Ericsson (NASDAQ: ERIC) have announced an IoT Competition for Universities for students in Iraq. The first-of-its-kind competition will run for six weeks during which the students are invited to present use cases to address the possibilities of 5G-IoT and industry digitalization and ultimately capture their full business potential.
The competition is supported by the Communication and Media Commission (CMC) in Iraq as part of its initiative (Du3M 2025) with an aim to engage millennials from top Iraqi universities in identifying innovations that will transform the way they live, work and learn.
Dr. Ali N. Al-Khwilidi, Chief Executive Officer of CMC says: “IoT is being widely embraced with the number of connected devices growing rapidly. The IoT competition for universities allows students to unleash their potential in the IoT domain and actively involve talented Iraqi youth in the country’s evolution towards a connected society.”
Around 29 billion connected devices are forecast by 2022, of which around 18 billion will be related to IoT. Connected IoT devices include connected cars, machines, meters, sensors, point-of-sales terminals, consumer electronics and wearables. Between 2016 and 2022, IoT devices are expected to increase at a compound annual growth rate (CAGR) of 21%, driven by new use cases.
Ali Al Zahid, Chief Executive Officer at Zain Iraq, says: “IoT supports digital transformation and development of new business models and offerings. This competition will enable the Iraqi youth to share their technology innovations and act as a platform to facilitate the country’s digital transformation.”
The collaboration between Zain Iraq, Ericsson and CMC is a continuation of the series of initiatives to help turn the communications sector in the Middle East and Africa into one of the most dynamic and vibrant in the world.
Rafiah Ibrahim, Head of Ericsson Middle East & Africa says: “With 20 billion IoT devices predicted in the next five years, there is an array of untapped business opportunities. Our joint initiative with Zain Iraq and CMC aims to create sustainable value and eventually make a positive impact on business, people and society in Iraq. By engaging with students, we share our knowledge on the latest advanced technologies and capitalize on their innovative thinking towards a connected future.”
Jury teams from Zain Iraq, Ericsson and CMC will evaluate the projects and select five finalists. The top three winning teams will receive monetary prizes in addition to internship opportunities at Zain Iraq and Ericsson headquarters at Stockholm Sweden.
For media kits, backgrounders and high-resolution photos, please visit www.ericsson.com/press
MORE INFORMATION AT:
News Center
media.relations@ericsson.com
(+46 10 719 69 92)
investor.relations@ericsson.com
(+46 10 719 00 00)
ABOUT ERICSSON
Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
