Rolls-Royce invests in Startupbootcamp IoT
Rolls-Royce has become a sponsor of Startupbootcamp IoT, a three-month growth programme that will help up to 10 Internet of Things (IoT) startups validate, build and grow their business.
The intensive nature of Startupbootcamp is designed to achieve the equivalent of a year’s development and progress for each startup – but over just three months. “The accelerated concept behind Startupbootcamp is also something we really associate with,” added Caroline Gorski. “Our extensive programme of R2 Data Labs data innovation cells operates in a similar way, working in 90-day sprints to explore and realise value from data for Rolls-Royce and its customers.” Raph Crouan, Founder and Managing Director of Startupbootcamp IoT, said: “Our aim is to make the journey of building a connected hardware startup clearer, shorter, and more successful for entrepreneurs. Having access to the advanced analytics and cutting-edge engineering capability of Rolls-Royce will be a huge benefit to our startups.” Neil Crockett, Chief Digital Officer for Rolls-Royce and Head of R2 Data Labs said: “I’m really happy Rolls-Royce can be part of the great work being done by Startupbootcamp. There should be a win-win here. On the one hand, our role is to be a useful industrial sounding board for the startups. While on the other, we can tap into their exciting thinking and potential in a way that accelerates our data innovation – both for our customers and to find new efficiencies internally.” R2 Data Labs already partners with Tata Consultancy Services and Microsoft. This sponsorship follows the recently announced partnership agreements with IoT Tribe North and Seraphim Space Camp Accelerator, two leading accelerators for tech start-ups.