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Innocentive.com Innocentive.com Model Analyse Model Analyse E-Business E-Business IEMI IEMI Johanna Weill Johanna Weill

Innocentive 2009

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Page 1: Innocentive 2009

Innocentive.comInnocentive.comModel AnalyseModel Analyse

E-BusinessE-Business

IEMIIEMI

Johanna WeillJohanna Weill

Page 2: Innocentive 2009

THE BUSINESSTHE BUSINESS INNOCENTIVE is a forum where INNOCENTIVE is a forum where

companies, registred as « seekwers », can companies, registred as « seekwers », can confidentially published R&D problematics confidentially published R&D problematics they are meeting. they are meeting.

Problematics are communicated to Problematics are communicated to engineers and scientists (« solvers ») on the engineers and scientists (« solvers ») on the web site, with a summary and a dead line. web site, with a summary and a dead line.

The best solution offered is rewarding fromThe best solution offered is rewarding from

$2 000 to $1 000 000 000.$2 000 to $1 000 000 000.

Page 3: Innocentive 2009

PROBLEMS SOLVEDPROBLEMS SOLVED

FOR CUSTOMERS OR FOR CUSTOMERS OR SEEKERSSEEKERS

Time and money saving Time and money saving regarding the recrutment of regarding the recrutment of

experts.experts.

Page 4: Innocentive 2009

PROBLEMS SOLVEDPROBLEMS SOLVED

FOR SUPPLIERS OR SOLVERSFOR SUPPLIERS OR SOLVERS

Work with big companies.Work with big companies.

Earn money from project they choose Earn money from project they choose to work on.to work on.

Page 5: Innocentive 2009

PROBLEMS SOLVEDPROBLEMS SOLVED FOR PARTNERS: FOR PARTNERS: Eli Lilly and Company Eli Lilly and Company The Rockefeller The Rockefeller

Fundation Fundation Nature Publishing Nature Publishing

GroupGroup Discovery ChannelDiscovery Channel Xi2i ConferenceXi2i Conference

in New Yorkin New York Twitter, Facebook, Twitter, Facebook,

LinkedlnLinkedln

REVENUE REVENUE SECURITYSECURITY

COMMUNICATIONCOMMUNICATION

RECOGNITION,RECOGNITION,

NET WORKINGNET WORKING

DEVELOPMENTDEVELOPMENT

Page 6: Innocentive 2009

CUSTOMER GROUPS CUSTOMER GROUPS SERVEDSERVED

Page 7: Innocentive 2009

REVENUE SOURCESREVENUE SOURCES

To published a problematic To published a problematic companies must pay an deposit companies must pay an deposit (around $2000)(around $2000)

Innocentive is asking the company, at Innocentive is asking the company, at the end of the project 60% to 100% the end of the project 60% to 100% of the reward offerded to the best of the reward offerded to the best solver.solver.

Risk capital investment from Spencer Risk capital investment from Spencer Trask Ventures, Inc. $9 MTrask Ventures, Inc. $9 M

Page 8: Innocentive 2009

COMPETITORSCOMPETITORS

http://http://www.ninesigma.comwww.ninesigma.com// http://http://www.yourencore.comwww.yourencore.com// http://http://www.ideacrossing.comwww.ideacrossing.com// http://www.fellowforce.com/http://www.fellowforce.com/

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APPLY THE MODEL OFF APPLY THE MODEL OFF LINE ?LINE ?

The model could not work The model could not work OFF LINE because SEEKERS OFF LINE because SEEKERS

as SOLVERS need to keep as SOLVERS need to keep their confidentialitytheir confidentiality

when dealing with when dealing with

huge scientific, engineer huge scientific, engineer project.project.

Page 15: Innocentive 2009

A SCALEABLE AND A SCALEABLE AND SUSTAINABLE MODEL ?SUSTAINABLE MODEL ?

YES ! BECAUSE BIG COMPANIES YES ! BECAUSE BIG COMPANIES LIKE PHARMACEUTICALS, LIKE PHARMACEUTICALS,

PETROL, NEW TECHNOLOGIES PETROL, NEW TECHNOLOGIES WILL ALWAYS NEED SUCH WILL ALWAYS NEED SUCH

SERVICESSERVICES

Page 16: Innocentive 2009

DEVELOPMENT DEVELOPMENT OPPORTUNITIESOPPORTUNITIES

TO INCREASE USERSTO INCREASE USERS

Organise meeting, training around big Organise meeting, training around big universities and business school.universities and business school.

TO EXPAND REVENUETO EXPAND REVENUE

Sponsoring Sponsoring GROWTH MODELGROWTH MODEL

Help more non gouvernemental Help more non gouvernemental organisationsorganisations