"We are extremely pleased with the impressive array of new technologies demonstrated by all of the teams in the competition, and our selected finalists represent the most promising and innovative submissions as determined by our expert judging panel," said Mark Winter, Senior Director, Nokia Sensing XCHALLENGE. "Our teams are using new medical evidence and a variety of technologies to create sensor solutions that either didn't exist previously or were only available as laboratory devices. Their significant and important improvements in sensors and sensing technologies could empower people to take a more proactive approach to managing their health by giving them convenient access to real-time personal health data."
During the Qualifying Round, teams were required to submit an entry that addressed several parameters, most importantly, the ability to present a solution that will accurately, reliably and effectively collect meaningful data that can be used for identification or diagnosis of a disease, medical condition or pattern of health. The judging panel reviewed 26 team submissions from seven countries and selected the 12 most credible entries in the areas of accuracy, technical innovation, ease-of-use, originality, portability, relevance to public health needs, integration into other soft/hardware, and multi-functionality.
"While there has been an influx of market activity around health and fitness applications, medical diagnostic and sensing technologies for consumers remains scarce," said Henry Tirri, Chief Technology Officer and Executive Vice President, Nokia. "Through this competition and the selection of the finalist teams, we're eager to see the developments in consumer-focused applications and technologies that will potentially transform the way healthcare is delivered across the globe on multiple levels including monitoring, prevention, diagnosis, and disease management."
Teams are competing for a prize purse that includes a $525,000 Grand Prize and up to five Distinguished Awards, each valued at $120,000. The winners will be the teams who demonstrate the highest merit in the areas of accuracy and consistency, demonstration quality, technical innovation, human factors, market opportunity, originality, and user experience. The final judging and awards ceremony will take place at the Health 2.0 Fall Conference in Silicon Valley on October 2.
For more information about the Nokia Sensing XCHALLENGE, visit: nokiasensingxchallenge.org.
Founded in 1995, XPRIZE, a 501(c)(3) nonprofit, is the leading organization solving the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. The organization motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital for the benefit of humanity. XPRIZE conducts competitions in five Prize Groups: Education; Exploration; Energy & Environment; Global Development; and Life Sciences. Active prizes include the $30 million Google Lunar XPRIZE, the $10 million Archon Genomics XPRIZE presented by Express Scripts, the $10 million Qualcomm Tricorder XPRIZE, and the $2.25 million Nokia Sensing XCHALLENGE. For more information, go to www.xprize.org.
Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia.
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