No Small Change: Delivering Results with Open Innovation

Subsea Energy Australia - Sundowner

No Small Change:Delivering Results with Open Innovation

Christoph SchmidAccount Manager, Unearthed

“ONE-THIRD OF THE AUSTRALIAN ECONOMY FACES IMMINENT AND SUBSTANTIAL DISRUPTION BY DIGITAL TECHNOLOGIES AND BUSINESS MODELS.” Deloitte.

Innovation?

Collaboration on innovation?

We’re at the bottom.

AUSTRALIAN INNOVATION SYSTEM REPORT 2014

> $100 Billion

Disconnect?

* WA Startup Report 2015

Startups are not addressing the industry.Mining, Energy, Resources

Accelerator Growth Support

IndustryUniversitiesGovernmentInnovators

Unearthed Innovation EcosystemStir the pot.1

Accelerate companies.3Generate great ideas.2

Grow global businesses.4

HackathonsOnline Comps

How does it work?

► Industry Submits Challenges► Developers Build Prototypes► Mentors Provide Industry Insight► Judges Assess and Award Prizes► Promising Prototypes Licensed or

Developed Further

Hackathons:54 hour-long events

generate multiple possible solutions

► Industry Submits Challenge► Developers Code Algorithms► Leader board and Feedback Improve

Results► Judges Assess and Award Prizes► Algorithm Licensed to Industry

Online Competitions:One month+

generate best possible result

What’s in for you?

Submitting a challenge

► Power of the crowd

► Low cost prototyping

► Quarantined risk – innovation sandbox

► Aligned incentives

Participation

► Showcasing capabilities

► Access to operational data

► Direct contact with problem owners

Unearthed Competitions 2015

Sydney:August

Perth: March

Brisbane: May

Melbourne: November

► 5 cities & 1 global online

competition Adelaide: October

15 Prototypes

18 Prototypes

17 Prototypes

21 Prototypes

Ore-X Challenge

275+ competitors

12 Prototypes

Unearthed Outcomes 2015 (5 events)

500+Innovator

s

28+ Industry

Challenges 100High

Quality Prototypes

Unearthed Pilot Accelerator Program

6Month

Program

14+ Industry Mentors 1

Graduating

Company

Prototype Product

Unearthed 2016 Program

Sydney:August

Perth: April and May (MineHack)

Brisbane: March

Melbourne: October

► 1st International Events Program► Multiple global online competitions► 30+ Challenges, 700+ Innovators► Accelerator is open now

Adelaide: June

International EventsCape Town, Santiago, Las Vegas

Newcastle:August

Online Challenge

Phase-X Challenge (live now)

Unearthed Perth 2016 – Collaboration with Woodside

85Develope

rs

22Prototyp

es

4 Industry

Challenges

12 Month logistic

data

1st Prize – Fat ControllerFat Controller responds dynamically to demand to optimise routing & packing

Team Fat Controller developed a system that pre-empts demand to improve deck utilisation and reduce the amount of trips required to service offshore facilities. It also calculates the best possible route based on the facility and scheduling constraints.

CIIC Prize– OnTrackTracking fatigue, saving lives

Ontrack developed a tracking system visualisation using RFID tags to plot, track and monitor the OH&S of individuals. Using data collected from fatigue monitoring, hours worked and general well being this solution identifies individuals who were at high risk and communicates with them in real time, prior to an incident occurring.

Progress through collaborative innovationPrecedent – shown that data sharing can lead to excellent resultsFocus on the prototyping phase• Currently following up with top teams to discuss next stepsData-driven solutions to common business problems

Woodside’s Unearthed Experience

2016 Supporters

Next Event

BHP Billiton MineHack13th -15th May

Perth

Chris Schmid0427 019 193chris@riit.com.au

Thank you.