open innovation platforms - idea dispenser or more ?

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Open Innovation Platforms Idea Dispenser or More? Albert Meige Colloque Ile de Science CEO PRESANS Innovation & Veille - Partenaires de l’Avenir 12 may 2011

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Open Innovation platforms have received increasing attention over the last few years. Although much hope was initially put into them, it gradually faded away and changed in some form of mistrust, because of a number of drawbacks (relatively low number of solvers, confidentiality issues, intellectual property management problems, disappointing solutions, etc.). We propose a novel approach, the Multistep Dynamic Expert Sourcing (MDES). This approach is build on a synergy between a technology (presans.com/x-search, the Worldwide Expert Search Engine), a methodology and a process. This approach solves most of the existing drawbacks and leverages all the potential of online Open Innovation.

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Page 1: Open innovation platforms - idea dispenser or more ?

Open Innovation PlatformsIdea Dispenser or More?

Albert Meige Colloque Ile de Science

CEO PRESANS Innovation & Veille - Partenaires de l’Avenir

12 may 2011

Page 2: Open innovation platforms - idea dispenser or more ?

PRESANS connects business to expertise

Production

R&D

Management&

StrategyInventors

Publicresearch

Private labs

Startups

Suppliers

Engineers &PhDs

PRESANS brings value to companiesby connecting their needs to worldwide expertise

Examples of Needs:• due diligence• technological problem• supply chain optimization• Identify new users

Marketing

Page 3: Open innovation platforms - idea dispenser or more ?

AGENDA

Open Innovation

Where OI Platforms Fail

Multistep Dynamic Expert Sourcing

What’s in it for me?

Page 4: Open innovation platforms - idea dispenser or more ?

What is Open Innovation ?

Resources in the traditional ecosystem of a company appear to be insufficient for many Needs.

BENEFITS :

• Accelerate innovation by using external & most relevant expertise and by finding existing solutions which can be adapted to your Needs.

• Enable cross-fertilization between industries and between disciplines.

• Maximize your ROI and minimize risks, investments & long-term commitments.

Open innovation is the paradigm according to which companies need to use external ideas, knowledge & technologies to advance their business.

Page 5: Open innovation platforms - idea dispenser or more ?

Open Innovation Tool: Crowdsourcing Platforms

Page 6: Open innovation platforms - idea dispenser or more ?

AGENDA

Open Innovation

Where OI Platforms Fail

Multistep Dynamic Expert Sourcing

What’s in it for me?

Page 7: Open innovation platforms - idea dispenser or more ?

Registration yields a weak number of solvers

Matching algorithm and process fail to engage solversConfidentiality and IP issues are poorly

addressed

RECIPES• Pool of problems• Pool of solvers• Matching algorithm• Trust

Page 8: Open innovation platforms - idea dispenser or more ?

AGENDA

Open Innovation

Where OI Platforms Fail

Multistep Dynamic Expert Sourcing

What’s in it for me?

Page 9: Open innovation platforms - idea dispenser or more ?

Expert sourcing rather than crowdsourcing

Dynamic rather than subscription-based

Multistep rather than black box

presans.com/x-search

Page 10: Open innovation platforms - idea dispenser or more ?

AGENDA

Open Innovation

Where OI Platforms Fail

Multistep Dynamic Expert Sourcing

What’s in it for me?

Page 11: Open innovation platforms - idea dispenser or more ?

Why intermediaries (OI platforms) should use Multistep Dynamic Expert Sourcing:

• Decrease cost structures• Increase scalability• Build a reputation of quality & trust• Improve the solving rate and the solution

quality

For the intermediary: get more efficient!

Page 12: Open innovation platforms - idea dispenser or more ?

• Get relevant problems without having to register

• Ensure the protection of your intellectual property

• Avoid irrelevant work and frustration

• Get the guaranty to be paid for your work

For the experts: get paid and not (ab)used!

Page 13: Open innovation platforms - idea dispenser or more ?

For the seekers: build your own network!

Your intermediary is your asset: use it to build your own network!

Advantages of using an OI platform• Find experts outside your network and develop your

network

Advantages of Dynamic Expert Sourcing• Have a better control of confidentiality• Get potential access to tens of millions of worldwide experts• Engage more and better experts

Page 14: Open innovation platforms - idea dispenser or more ?

www.presans.comPRESANS SAS

X-Technologies / Ecole Polytechnique - 91128 Palaiseau Cedex - France+33 1 69 33 59 59 - [email protected]

Expertise matters!

Ecole Polytechnique 2008 Innovation PrizeFinalist of the 2009 Paris Innovation Prize

Page 15: Open innovation platforms - idea dispenser or more ?

Appendix

Page 16: Open innovation platforms - idea dispenser or more ?

X-Search: The Worldwide Expert Search Engine

From the traces left by millions of Experts on the web through scientific literature, patents, research center corporate websites, X-Search automatically builds a network of Experts.

Find experts on presans.com/x-search

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Hunting ConnectingConvertingscientificexpertise

yourNeed

the best Experts in the world you with Experts & solutionsyour Need

Multisteppresans.com/x-search

Page 18: Open innovation platforms - idea dispenser or more ?

Our services to address your Needs

high-quality through our integrated approach①converting: robust Need formulation methodology②hunting: proprietary experts mining technology③connecting: expert-friendly approach

Expert-on-Demand: global expert huntingConnect with the best Experts!

X-Watch: technology watchBe aware of the latest trends!

Convert & Solve: online problem solvingGet disruptive solutions!

Market-X: global direct marketingDiscover new customers!

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Convert & Solve: get disruptive solutions !

THE NEEDDespite significant investments, a large European company in the Defense sector could not efficiently protect electronic devices from micro-waves attacks. THE SOLUTIONIt took less than 3 months for PRESANS, to reformulate the Need, to identify and to qualify an expert at the university of Maryland (US), and to get to a deployable solution.

Success Story

Page 20: Open innovation platforms - idea dispenser or more ?

X-Watch : be aware of the latest trends !

THE NEEDA European home appliance company had to take a strategic decision: will they include an atomization apparatus in their upcoming equipment? The problem is that they had not watched the evolution of technologies and players for 5 years.

THE SOLUTIONPRESANS automatically contacted over 5000 experts in the field worldwide. In less than 4 weeks, PRESANS provided a qualified short-list of the 10 most relevant experts. The client just had to choose one of them and focus on the strategic decision.

Success Story

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Expert-on-Demand : Connect with the Best Experts !

THE NEEDA large aeronautics company wanted to beat their competitors on a deal with the Spanish government. To reach this goal, they would offer to support the Spanish public research by starting collaborations with a few universities. The problem? The company did not know the relevant players in Spain.

THE SOLUTIONIn just a few days, leveraging its proprietary Expert Search Engine and unique Collaboration Readiness Level methodology, PRESANS managed to map and qualify the relevant players in Spain, which was a key factor for the client to win the deal.

Success Story

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With PRESANS, we solved a long term problem in less than 3 months,

for an incredibly low cost!CEO of a company in defense

PRESANS did not solve our problem… instead, they identified important players that had recently emerged within our sector.

Strategy Director of a large company in information systems

We thought we knew all the Experts within our core-business. PRESANS found new ones. We did not know them because they were working on totally different applications!

CTO of a large group in communications

Page 23: Open innovation platforms - idea dispenser or more ?

Want to know more about Dynamic Expert Sourcing?

• A Guide to Open Innovation and Crowdsourcing• www.open-your-innovation.com• presans.com/x-search