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Subsea Energy Australia - Sundowner No Small Change: Delivering Results with Open Innovation

No Small Change: Delivering Results with Open Innovation

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Page 1: No Small Change: Delivering Results with Open Innovation

Subsea Energy Australia - Sundowner

No Small Change:Delivering Results with Open Innovation

Page 2: No Small Change: Delivering Results with Open Innovation

Christoph SchmidAccount Manager, Unearthed

Page 3: No Small Change: Delivering Results with Open Innovation

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

Page 4: No Small Change: Delivering Results with Open Innovation

Innovation?

Collaboration on innovation?

We’re at the bottom.

AUSTRALIAN INNOVATION SYSTEM REPORT 2014

Page 5: No Small Change: Delivering Results with Open Innovation

> $100 Billion

Page 6: No Small Change: Delivering Results with Open Innovation

Disconnect?

* WA Startup Report 2015

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

Page 7: No Small Change: Delivering Results with Open Innovation

Accelerator Growth Support

IndustryUniversitiesGovernmentInnovators

Unearthed Innovation EcosystemStir the pot.1

Accelerate companies.3Generate great ideas.2

Grow global businesses.4

HackathonsOnline Comps

Page 8: No Small Change: Delivering Results with Open Innovation

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

Page 9: No Small Change: Delivering Results with Open Innovation

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

Page 10: No Small Change: Delivering Results with Open Innovation

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

Page 11: No Small Change: Delivering Results with Open Innovation

Unearthed Outcomes 2015 (5 events)

500+Innovator

s

28+ Industry

Challenges 100High

Quality Prototypes

Page 12: No Small Change: Delivering Results with Open Innovation

Unearthed Pilot Accelerator Program

6Month

Program

14+ Industry Mentors 1

Graduating

Company

Prototype Product

Page 13: No Small Change: Delivering Results with Open Innovation

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)

Page 14: No Small Change: Delivering Results with Open Innovation

Unearthed Perth 2016 – Collaboration with Woodside

85Develope

rs

22Prototyp

es

4 Industry

Challenges

12 Month logistic

data

Page 15: No Small Change: Delivering Results with Open Innovation

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.

Page 16: No Small Change: Delivering Results with Open Innovation

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.

Page 17: No Small Change: Delivering Results with Open Innovation

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

Page 18: No Small Change: Delivering Results with Open Innovation

2016 Supporters

Page 19: No Small Change: Delivering Results with Open Innovation

Next Event

BHP Billiton MineHack13th -15th May

Perth

Page 20: No Small Change: Delivering Results with Open Innovation

Chris Schmid0427 019 [email protected]

Thank you.