Open Innovation Platform

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TRAILBLAZING solutions to solve business problems

Find innovative digital solutions to business problems easily with the enhanced Open Innovation Platform

About

The OIP is a virtual crowd-sourcing platform that connects and matches real business challenges or digitalisation opportunities of Problem Owners to Problem Solvers.

IMDA will launch Innovation Calls on the OIP every few months. Each Innovation Call comprises a set of challenges from different Problem Owners from different sectors. Each challenge is accompanied with prize monies for the best solutions that are selected based on the criteria of Problem Owners.

IMDA will be enhancing the OIP with new features to provide smarter and faster recommendations, and a set of digital tools for faster testing and product development.

The enhanced OIP aims to bring tech solutions to more businesses quickly and enable digital transformation on a greater scale. 

OIP’s new features are expected to roll out in mid 2021.

COS 2021 Infographic OIP

Click here (972.72KB) to view and download the hi-res infographic.

 

OIP in the News

Learn more about OIP success stories and about media coverage here.

Who can apply?

All Enterprises, ICM start-ups and innovators are eligible to participate in OIP as Problem Owners, Problem Solvers, or Both.

Problem Owners should have an unsolved business challenge, and be willing to put up prize money for quality and innovative ideas.

Problem Solvers should have digital technology expertise and innovation capabilities, and an interest to co-innovate with potential customers or partners in Singapore.

How to apply?

Register at www.openinnovation.sg

New Features

A discovery engine that makes the searching and matching of Problem Solvers to Problem Owners easier, through automated recommendations by analysing problem statements and recommending solvers with relevant experience. This will increase the accessibility of innovation to more enterprises.

A digital bench that speeds up Proof-of-Concept (POC) development through a virtual sandbox and testing environment. It will provide direct access to digital tools, reusable software assets, testbed environments and community partners – to support the testing and development of POCs. By providing a digital testbed hosted on cloud infrastructure, the OIP will fast-track development and the eventual commercialisation of innovative solutions.

The digital bench is expected to shorten the development cycle of POCs from months to weeks.

Benefits

Problem Owners on the OIP benefit from gaining access to a large community of Solvers with multi-disciplinary expertise, and can crowdsource for innovative ideas to support their digitalisation needs. A structured and iterative open innovation process facilitated by IMDA reduces their search costs and expands overall innovation capacity.

Problem Solvers who are part of the OIP benefit from having visibility of potential customers and curated problem statements. They have opportunity to apply to challenges, win prize monies, and co-innovate with Problem Owners to develop, validate and test their solutions. If successful, winning Solvers are also able to go on to commercialise and go to market jointly with Problem Owners, who may serve as reference customers for Singapore or the region.

Contact

Click here for the Frequently Asked Questions.

For more information, please contact info@openinnovation.sg

IMDA COS 2021 Desktop Banner

Last updated on: 03 Mar 2021