Innocentive @ Crowd15

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Mass Attacking Problems Challenge Driven Innovation Steven Drew

Transcript of Innocentive @ Crowd15

Mass Attacking ProblemsChallenge Driven Innovation

Steven Drew

© 2013 InnoCentive, Inc. All Rights Reserved. 2

Better connected now than ever before

© 2012 InnoCentive, Inc. All Rights Reserved.

Conventional

Innovation

Challenge Driven

Innovation

Objectives Steer

Internal Innovation

Teams

Frame and Structure:

• Stage Gate Innovation

• Monolithic Structures

• Employ or Contract for

Resources

Economics:

• Fixed Costs

• Pay for Success & Failure

Weaknesses:

• Lack of diversity

• Difficult to Adapt

Problems Engage a

Global Ecosystem of

Innovators

Frame and Structure:

• Distribute or Broadcast

needs

• Challenges

Economics:

• Variable Costs

• Pay for Performance

Opportunities:

• On-demand Talent

• Compression

• Agility and Speed

The Future of Work:Conventional Labour to Crowd Labour

© 2013 InnoCentive, Inc. All Rights Reserved.

The Challenge?

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An Open innovation tool

Ask for an impactful solution, an idea or an insight

to a problem/opportunity

Incentivize contributions from the crowd by offering

awards - $1,000 to $1,000,000

© 2013 InnoCentive, Inc. All Rights Reserved.

InnoCentive enables the Solving of Problems

Solvers are Ready & Waiting

• Right Now

Open to Anyone: Please Join!!

• A big crowd of individual, diverse

and creative Solvers (hundreds of

thousands)

• Challenge Driven Innovation – a

controlled, private and secure

process – because Seeking

Companies are often interested in

the Intellectual Property Rights(IPR)

• Snowball Effect

Life Sciences

Chemistry

Physical Sciences

Engineering & Design

Math & StatisticsBusiness &

Entrepreneurship

Requests for Partners and Suppliers

Food & Agri-sciences

Computer Science & Information Tech.

Domains &

Experience

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Innocentive.comWebsite for crowdsourcing needs & problems to Solvers -

they compete to provide novel ideas and solutions

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Diversity – 350,000 registered Solversgrowing at 2,000 to 3,000 per month

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Experience of Active Solvers

Region

Percent of

Solvers

North America 37%

APAC 33%

EMEA 27%

South America 3%

PROMOTION: another 15 Million globally spread unique

visitors per month

Solvers

Located across

200 Countries

© 2013 InnoCentive, Inc. All Rights Reserved.

Engaging the Long Tail to Generate Novel Ideas and Solve Problems

Diversity is King

Fit

to

Pro

ble

m

The Long Tail

of Possible Solutions

People You Employ

Universe of Potential Problem Solvers

Diverse Global Resources You Don’t Know and Would

Have a Hard Time Reaching On Your Own

• Retired In-Field Experts

• Experts in Parallel Fields

• Gifted Amateurs

• Garage Tinkerers

• etc.

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People You Don’t Employ But With Whom You Share Common DNA (e.g.,

Partners, Suppliers, Your Community or Members)

© 2012 InnoCentive, Inc. All Rights Reserved.

© 2012 InnoCentive, Inc. All Rights Reserved.

© 2013 InnoCentive, Inc. All Rights Reserved.

Keeping Food Fresh in SpaceAward: $15,000

Coordination of Sensor SwarmsAward: $20,000

Data-Driven Forecasting ofSolar EventsAward: $30,000

Augmenting the Exercise Experience with A/V InputsAward: $20,000

‘I would like to be an Astronaut’

Medical Consumables TrackingAward: $15,000

Simple Microgravity Laundry SystemAward: $25,000

Mechanism for a Compact Aerobic and Resistive Exercise DeviceAward: $20,000

…Fast & Cost

Effective

• 100% Success Rate

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Solver Diversity – NASA’s Mass Attack

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Good Causes

90 Solutions for the 2013 Challenge

Winner: Baby breathing device, reducing cost from $6,000 to $400 – will save 180,000 lives. Such a good solution

it was awarded $400,000 rather than intended the $250,000 maximum!

Plus Muso – a community system for early identification of symptoms

And Microclinic – a mobile health management system

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White HouseBlog: VehicleStopper

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Next Generation Queue Design and Model AWARD: $15,000 | STATUS: Under Evaluation | ACTIVE SOLVERS: 5533 | POSTED: July 15,2014

TSA Pre✓™ provides a quicker transit through the airport security screening as TSA Pre✓™

passengers do not require the removal of shoes, 3-1-1 compliant liquids, jacket, belt and may

keep their laptop in bag for screening.

TSA is looking for the Next Generation Checkpoint Queue Design Model to apply a scientific and

simulation modeling approach to meet queue design and configuration needs of the dynamic

security screening environment with TSA Pre✓™.

This is an Ideation Challenge

Going Viralbut..

© 2013 InnoCentive, Inc. All Rights Reserved.

Happy to help…

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