2019 FLIR INNOVATION CHALLENGE
A partnership together with THINGS to create a bespoke Innovation Challenge, which culminated in the FLIR 2019 Innovation Challenge: https://developer.flir.com/innovation-challenge/
What was the process?
THINGS participated in the entire process as outlined below, providing advice, insight, guidance and practical assistance to ensure a smooth selection process and a clear mandate to really push a winning idea through to implementation.
-Identify current business solutions and/ or products.
-Discuss & define a specific corporate problem. Scope in/ out conditions.
-Identify and nominate an internal champion: build internal support for startup collaboration and pilot co-development.
-Allocate a reasonable/ feasible pilot budget. Ca. 250,000sek.
-Lock down appropriate challenge rules (inc. ip and legal).
-Outline evaluation criteria.
-Elect jury members (THINGS included in panel).
-Set Innovation Challenge process and timeline (guide: 3 months, to include):
*As part of FLIR’s bespoke Innovation Challenge set-up, FLIR wanted to find new applications using their HW product range, so an extra day was included as part of the framework where contestants could come to get an introduction to FLIR and their products in order to spark further ideas and get even better application ideas.
-Demo day for shortlisted applicants.
-Create an Innovation Challenge website.
How did THINGS assist in the process?
-A bespoke innovation challenge via hands-on advice and guidance at every stage of the process.
-Dedicated senior THINGS Innovation Challenge representative (Linda Krondahl, THINGS CEO & Co-founder/ Magnus Melander THINGS Co-founder).
-Participation in the entire selection process and part of jury panel.
-Coordinated marcoms support throughout, including call for entries across THINGS 500+ Swedish startups extended network.
-Access to THINGS premises, including 100 people capacity event space and meeting rooms (catered to specific requirement and subject to availability).
-Leverage THINGS knowledge, expertise and network in industrial tech and B2B arena.
*FLIR received so many high caliber application submissions that a runner-up category was created and 4 companies shortlisted for continued collaboration with FLIR. Already 2 projects started with runner-ups at the time of going to press.
What was FLIR’s experience?
How the result would have been if FLIR did this independently compared to the result achieved in partnership with THINGS?
“THINGS has the experience and expertise from other corporates which was really helpful. Linda knows the pitfalls, what to avoid etc. Most important is THINGS network and credibility within the IoT, AI, Machine Learning Start-Up community.”
What has been your experience of working with THINGS?
“Very professional and easy.”
What was the quality of applications like?
“Suprisingly high share with very high quality where the start-up companies really had understood the situations FLIR and our customers are in.”
Were there any stumbling blocks/ what learnings have been made?
“Make sure to include legal at an early stage to get all legal documentation in place for e.g. IP writings.”
Are you pleased with the outcome?
“More than pleased! Worth noticing is that this has really been noticed within FLIR and the value of more open innovation with partners is much better understood. I believe this is just the beginning of FLIR’s journey in this space.”
Anna-Karin Lindblom, Director Product Management at FLIR Systems
THINGS is the #1 B2B and industry focused innovation hub in Sweden, located on the KTH (The Royal Institute of Technology) campus. It is a 100 people capacity event space hosting a packed calendar of activities, housed within a 2,000m2 co-working space for startups, connected to an extended community of close corporate partners, including some of the most successful and innovative export companies in Sweden. Our common interest is a commitment to disruptive innovation and technologies, which are driving the digital transformation. Our vision is “to transform innovation in small companies into large scale value creation through collaboration with corporates”. We do this by nurturing and bringing together startups and corporates in order to catalyse the domestic and global development of innovative products and services. Our current focus areas are Internet of Things, Automation, Robotics, 3D scanning/printing and Energy.
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