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Innovation Partnership ProgramIN PARTNERSHIP WITH
IPP _V7.1_4-15-12
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X PRIZE Foundation & Singularity University
The X PRIZE Foundation
and Singularity University
have teamed up to deliver
an extra ordinary
Innovation Partnership
Program (IPP).IPP is designed to drive innovation and breakthroughs in companies
that are scalable, repeatable, and applicable to your needs. To help
companies transition from “linear” “exponential” organizations
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Why Do Large Companies Have Difficulty Innovating?
1. Technological change is too fast &
accelerating
2. True innovation comes from
“orthogonal thinking”
3. Companies are too risk averse, and
breakthroughs require significant risks
4. Breakthroughs disrupt current lines of
business
5. Companies have too many “experts”
who are typically stove-piped and linear
thinkers
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Singularity University (SU) is the leading institution for teaching exponentially growing technology. SU focuses on what’s in the lab today and coming to market in 2, 5 and 10 years.
Founding Partners: Autodesk, NASA, Google, Cisco, Nokia, Kauffman Foundation, Genentech
Programs: Graduate Studies Program & Executive Programs
Faculty: A deep network of technologists and innovators from the top labs, companies and entrepreneurial groups.“If I were a student, this is where I
would want to be.”
- Larry Page, CEO, Google
What is Singularity Univ?
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The X PRIZE Foundation: World
leader in incentive competitions and
crowd sourced innovation. X PRIZE
partners with leading companies to
drive global competitions for the
radical benefit of humanity.
Focus Areas: Life Sciences; Energy;
Exploration; Education, Global Dev.
Headquarters: Los Angeles, CA
Prize Sponsors & Partners: Google,
Qualcomm, Nokia, NASA, Cisco,
Shell, DOE, Express Scripts,
Progressive.
What is X PRIZE?
“Every time I come to an X PRIZE event I am high for days afterwards. There is nothing like hearing so many great ideas and looking into the eyes of people that really are making such a huge difference.”
- James Cameron, Filmmaker, Explorer,
XPF Trustee
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IPP is the best of SU & X PRIZE, put together into a powerful, inspiring, results-oriented program designed for C-suite and innovation executives.
Meets 2x per year, for 4 Days (Thurs – Sun)
Goal: Change the way we think from Linear Exponential
What is Innovation Partners Program (IPP)?
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Day 1&2: Exponential Thinking – Growth of 7 Key Technology Areas
• Understand the velocity of key technologies (in the lab, coming to market)
• Empowered with the understand that “Anything is Possible”
Day 3 & 4: Incentivized Competition & Crowd-Sourced Innovation
• Understand how the Crowd can help you innovate & remain cutting edge
• Reduce your R&D costs 100-fold by taping into surplus cognitive genius
• Come away with clear, objective targets and a Plan to implement
The Program Overview
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Day 1 & 2 is focus on delivering a coordinated overview of 7 key
exponentially growing technologies. Providing insight into what is in
the lab today, and coming to market over the next 2, 5, and10 years.
ARTIFICIAL INTELLIGENCE & ROBOTICS
NETWORKS &SENSORS
3D PRINTING &MANUFACTURING
ENERGYDIGITAL MEDICINE
SECURITY SYNTHETIC BIOLOGY
Day 1 & 2: Exponential Technologies Content
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• Exponential Thinking: Understand the power of
exponentially growing technologies
• Exponential Trends: Recognize exponential trends and learn
how to apply them.
Day 1 & 2: Objectives - Thinking
• Convergence: Where will
convergence create opportunities?
• Discussion/Reflection: How will this technology affect our key
products and growth? Solve key corporate
challenges?
How will this technology help us solve
Grand Challenges that our company,
employees and customers care about?
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• IPP matches each company with two “teaming
partners” from other industries to facilitate the
discussion/reflection time;
• This curated effort provides insight & perspective
as colleagues from outside your industry help you
look at problems/opportunities in a new light.
Day 1 & 2: Curated Teaming
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• Day 3 & 4 are modeled after the X PRIZE Visioneering
process – an effective way to identify market failures, set
audacious/achievable goals and drive radical
breakthroughs. Educational content focuses on:
– Incentivized Competition: Learn how to design an
Incentive prize and how such a prize can be used to drive
desired breakthroughs in your company or industry;
– Crowd-sourced Innovation: Learn how to leverage “Global
Genius” – How do you get the world’s smartest people to
help you solve your problems at 1/100th the cost in a
fraction of the time?
Day 3 & 4: Incentive Competitions & Crowd Sourcing
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“No matter who you are, most
of the smartest people work
for someone else.”
- Bill Joy, 1990Following are the “Exponential Organization tools” now available for companies to leverage global genius to solve their problems at a fraction of the time and cost, with no overhead.
(1) Incentive Competitions (5) Gamification
(2) DIY Communities (6) Microwork
(3) Machine Learning Data Competitions (7) Crowd Ideation
(4) Crowd Wisdom
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Incentivized Competitions• Prizes for breakthroughs• Data competitions
DIY Community for R&D• R&D at factions
of traditional costs• Tapping into the
passion of the maker movement
Social Ideation • New product development• Community feedback
and engagement
Crowd Wisdom• Prediction market
Cloud Workforce & Operations• Global micro-workers• Outsourcing via competitions• Distributed manufacturing• Sales of spare resources
Crowd funding• Product presale• Market testing
The Latest Landscape:Crowdsourcing
Models, Ideas & Cases
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• Each participating company will
identify 2 or 3 areas where a
breakthrough would create maximum
benefit. These target areas would then
drive:
Generate ~2 X PRIZE Concepts that
could drive meaningful breakthroughs
for your company and industry.
Day 3 & 4: Objectives
Evaluate the top “Exponential Organizational Tools” of use to your company to solve your top problems. Then learn the tools, meet the implementers and use the solutions.
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4 Days of Intensive Immersion
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Opportunity – 30 Innovation Partners
• 30 Select Companies
• 3 Executives per company
• Total of 90 industry leaders
• Collaboration to drive breakthroughs
• Cross industry expertise and pollination
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Key Benefits:
1. Access & Connection: SU’s deep network of technologists,
innovators, faculty and alumni can be brought to bear on specific
challenges and issues of interest to your company (an “on-demand
network”)
2. Solution Focused “Turn-key” Approach: Show up with your
biggest problems and we will take you through a process to help
drive new solutions, and turn then into your biggest opportunities.
3. Maximize ROI on Your Sr. Executive’s Time: The 4-day IPP
represents one of the most efficient and powerful ways to deliver
tools and a vision to very busy Senior Executives.
What Will You Get Out of theInnovation Partnership Program?
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Key Benefits: (continued):
4. IPP offers a platform to educate up to 18 Senior Executives
(over a 3 year period) in a consistent and immersive fashion
5. Offers the opportunity to develop powerful collaborations with
29 other innovation Partners.
6. Will result in concrete “innovation objectives/techniques” for
your industry, company & key product lines.
7. A set of educational products that can be brought back to HQ to be
shared; (Option for a 1-day “overview” at HQ)
* 7 Key Tech Areas: AI & Robotics, Networks & Sensors, Digital Medicine, 3D Printing/Manufacturing, Synthetic Biology, Security and Energy.
What Will You Get Out of theInnovation Partnership Program?
Exp. - Organization1. Incentive
Competitions
2. Gamification
3. DIY Communities
4. Machine Learning Data Competitions
5. Microwork
6. Crowd Ideation
7. Crowd Wisdom
Linear Exponential
Exp. - Technology1. Computation &
Infinite Computing
2. Networks
3. Artificial Intelligence
4. Robotics
5. Synthetic Biology
6. Digital Medicine
7. 3D Printing
Innovation Partners Program (IPP)
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Participating Innovation Partners
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Membership Level Options
Level 1
- Term: 3 years (2 sessions/year, Fall & Spring)
- 3 Executives per session (can be a mix of executives & clients)
- Total of 18 Execs over 3 years
- Price: $250,000 / year
Level 2
- Term: 3 years (2 sessions/year, Fall & Spring)
- 5 Executives per session (can be a mix of execs & clients)
- Total of 30 Execs over 3 years
- Corporate HQ Session: SU & X PRIZE Foundationwill come and provide a 1-day session (once per year)at your Corporate HQ, with the support of your attending executives to help share the program knowledge.
- Price: $375,000 / year + Travel/Accommodations
Thank you.For more information, please contact:
Peter H. Diamandis
310.741.4880
xprize.org
singularityU.org
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