Operators of wireless/mobile broadband networks (WMBNs) all face one fundamental problem: costs are increasing faster than revenues. The demand for traffic is growing more than ever before, while at the same time it is highly variable in time and space. High capital expenditure is needed to accommodate that traffic and increasing operational expenditure to manage a network of surging complexity, while there is increasing excess capacity in many parts of the system, which results in waste of energy and operating costs. The founding team of Incelligent, an Athens-based startup, has developed a management system for WBMNs to address this problem.
Some automated solutions already exist for self-organizing networks (SONs), but they cannot respond in real time and with the needed reliability to actual conditions, especially since complexity continues to increase. Incelligent goes further, combining existing edge technologies with knowledge, in order to reach faster, automated, predictive and more reliable decisions with respect to the allocation of resources (e.g., power, spectrum), selection of cells and radio access technologies. It converts legacy and emerging WMBNs to intelligent, automated, agile, cost- and energy-efficient systems. It is real-time, i.e. it will act dynamically, during the system operation, and it is knowledge-based because it exploits acquired contextual data and previously made decisions, in order to instantly match the best possible solutions to situations, which are encountered.
Among the founders of Incelligent, Dr. Kostas Tsagkaris and Dr. Serafim Kotrotsos, who combine a strong research background with business experience in the telecommunication software industry, expressed their enthusiasm for the collaboration with Openfund. Openfund will invest €80 thousand in pre-seed capital to support the team as they build and validate a functional prototype. We are very excited with the prospect that this company can become a leading-edge technology provider to the telecoms industry worldwide.