Business-Oriented Open Innovation Specialized in Chemicals and Materials

Case Study TECHNOLOGY SCOUTING

Seeking Blue Light Absorber Technologies with Open Innovation

connect • innovate • accelerate

Client’s Overview

The Company

Billion dollar worldwide company

Market: Consumer goods (optically clear, flexible, plastic substrates)

Objectives

Launch a new product in 2 years to strengthen portfolio offering new functionalities to their product

Technical Hurdles faced

Needed a product to absorb blue light transmission, with minimal visual impact on the end product

Lacked right technology or partner to execute and deliver

Context: Short Timing

A Real Business Opportunity to catch quickly

Market size representing 100 million units per year with a strong potential to expand to more product lines.

Ready-to-use solution needed

Time was ticking…

connect • innovate • accelerate 3

Clear and Efficient Streamlined Process to Actively Scout For Solutions

SpecialChem Support Provided: Overview

8 weeks 1 week 1 week

Strong expertise provided in Open Innovation in Chemicals and Materials to Frame the Market Intent into a Technological Need and Attract Business Partners We worked closely with our Client to complete a Request For Proposals (RFP) template describing its technical need. The final RFP is designed as a specific and attractive business opportunity, even opened to adjacent industries

Reaching a Global Industrial Target to Communicate the Need The RFP has been actively promoted towards the largest Network of chemicals and materials professionals in the world for 2 months

Providing Solutions to Client SpecialChem forwarded all proposals received Client remained anonymous

500,000+

connect • innovate • accelerate

From a Template to a well framed RFP to attract Business Partners

SpecialChem Support Provided to Scout Solutions

connect • innovate • accelerate

Reaching a community of 500 000+ Potential Solvers

SpecialChem Support Provided to Scout Solutions

2 months of active promotions towards a unique Business Network in chemicals and materials

R&D Applied Formulation

Product Development

Product Design

48%

R&D Basic Research

16%

Production Manufacturing

13%

Quality Testing

Health & Safety

9%

Technical Service

Customer Assistance

8%

Academia Research

6%

SpecialChem Network

► Specialized (Chemicals and Materials only)

► The Largest Network in this field (~500,000 registered professionals)

► Business (Not academia) connecting our client with industrially developed technologies

► Global (Made of professionals from 5 continents)

connect • innovate • accelerate

Results after 2 months

70% from adjacent industries

• Coatings

• PU-tapes

• Plastics

• Packaging

• …

Global feedbacks

• United States

• Australia

• United Kingdom

• Mexico

• Japan

• Russia

• China

• Spain

• …

14 Ready-to-use technologies identified

+

More than 1,300 potential solution providers reviewed the RFP

From R&D professionals from large organizations to techno start-ups

www.specialchem.com

Business-Oriented Open Innovation Specialized in Chemicals and Materials

www.specialchem.com/oi

They Trusted Us

“Without SpecialChem, we would

not have been able to frame our

challenge to attract relevant

partners…

The Open Innovation service was

so successful that we have decided

to run 2 other projects with them”

Giacomo

Canali

Packaging Research

& Innovation Manager

Every success story to Technology Scouting we share started with a short introduction of our Open Innovation Services

Request an introduction today and learn how you can leverage

thousands of business contacts in chemicals and materials to support your innovation strategy.

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