Team Excalibur from Slovakia won yesterday's finals of Telekom Innovation Contest in Berlin. Peter Luptak, Ivan Klimek and Tomas Korenko (picture) presented an infrastructure for seamless and secure authentication.
With their first prize, Excalibur wins resources worth up to 500,000 Euro. Over the next months, the winning team will develop a detailed development and business plan together with the Deutsche Telekom experts. The product or a prototype will be presented as early as December 2013 at the Innovation Day in Poland.
“Excalibur is a big solution to a big problem. We solve not only existing problems with authentication, but are prepared to serve the authentication need in the world of tomorrow – where everything is connected to the Internet” explain Ivan Klimek, CEO/CTO of Excalibur, and Peter Luptak, CMO/CFO of Excalibur, at the Pitch Day in Berlin.
“Telecom operators will be our key partners in this process, and we will create huge value for them by helping them capitalize an asset that they currently hardly utilize – the trust based relationship they have with their users. Participating in Telekom Innovation Contest was an important step for us toward securing the right connections. We were participating with the goal to reap the grand prize – a strategic cooperation with Deutsche Telekom. Now we can take our idea to the next level!”
The international Telekom Innovation Contest was initiated by Telekom Innovation Laboratories in Germany, T-Mobile Poland, Magyar Telekom in Hungary, and supported by hub:raum Berlin & Krakow. EIT ICT Labs Germany was contracted as as management partner.
Almost 444 submitted ideas were registered for the first Telekom Innovation Contest. Click here for more information on participants, ideas, jury members and more.