new york city transit innovation and technology partnering opportunities open innovation : needs and...
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New York City Transit
Innovation and TechnologyPartnering Opportunities
Open Innovation : Needs and OpportunitiesOpen Innovation : Needs and Opportunities
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Outline
New York City Transit Snapshotand Changes to Foster Partnering
Strategic Areas &Technology Needs
Potential Partnering Relationships
How NYCT can Partner with others
Moving into the Future
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Snapshot – New York City Transit
World Leader in Subway and Bus Public Transit
World’s Second Largest Public Transit Group
Over 6 Million passengers daily
48,000 Employees
Looking for innovative ways to meet Public Transit Needs and pursue operational excellence
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Changes to Foster PartneringPre 2008:
– “Silo mentality” each division seeking innovations
– Few External collaborations
In 2008: – Two New Groups Formed with Joint Goals Innovation and Technology Strategy, Benchmarking and Best Practices
Transit Group Support for:Innovative DevelopmentsExternal Technology EvaluationBest Practices and Technology
Implementation
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Definition
Open Innovation:Systematic use of external resources to supplement internal innovation and development efforts
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Why NYCT Supports Open Innovation?
Increased pressure for faster, better and lower cost Public Transit Service to New York’s Metropolitan Area
NYCT has limited resources for Technology Research and Development
Technology Advances in non-Transit Area Applications have greatly accelerated.
NYCT’s size and complexity greatly inhibits any natural ability to be agile in evaluation and adoption of new approaches and technology.
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Strategic Areas of Technology “Needs”
Strategic Areas:
Sustainability– Energy– Environment
Capacity Improvements
Maintenance of facilities in “Good Repair”
Revenue Generation
Customer Service
Safety & Security
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Needs: Sustainability
Energy: Alternative, Cleaner Fuels
Renewable Energy – Solar PV, Solar Thermal– Geothermal– Tidal Energy– Wind
Hybrid Propulsion Systems
Energy Storage Technologies– Batteries– Capacitors– Kinematics
Conversion of Public Transit Waste to Energy
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Needs: Sustainability
Environment:
Reduced Air Emissions– Smaller Carbon Footprint
Enhanced Soils and Water Management
Renewable Materials of Construction– Facilities– Equipment (Bus and Rolling Stock)
Lower Acoustical Impact
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Needs: Capacity Improvements
Transit System Automation– Operations, Facilities and Equipment– Fare Collection
Regional and Inter-modal Growth
Station and Equipment Design
Passenger Logistics Management
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Durable Building Materials
New Cleaning Solutions and Equipment
Elevator & Escalator Improvements
High Performance Materials of Construction
Vandal resistant systems
Needs: Facilities in “Good Repair”
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Public/Private Partnerships
Creative Alliances for Value Sharing
Entrepreneurial Business Development
Needs: Revenue Generation
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Metropolitan Transit Customer “Needs” Identification versus “Wants”
“Voice of the Customer” Capture, Discernment and Transformation
Information access and real-time System Status communications
– Web Based Communications, Travel Planning and Notification
– New and Novel methods of On-board and Station information updates for Customers
Needs: Customer Service
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Passenger Safety
Transit Worker Personnel Safety
Vehicle, Facility and Engineered Systems Safety
Non-destructive Testing Technology
Fire Safety
Needs: Safety and Security
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Potential Partnering Examples
SBIR Letters of Interest and Support Letters
Contract Research: University Alliances, Federal Lab CRADA,
Technology Subject Matter Experts
Licensing
Joint Development Agreements
Minority Equity Investment
Joint Venture
Acquisition
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How NYCT can Partner :Global Technology Insourcing
Within Worldwide TransitCommunity
External Sources– Small Companies– Universities– Institutes– Government Agencies– Large Companies
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Small Company Partnering
Common forms of Partnerships– Service Agreements– Contract R&D– Licensing-in – Joint Development Agreements– Minority Equity Positions
Need to clearly outline rights & obligations of parties
• IP rights is a key provision
Can potentially provide exclusive market position for pre-negotiated time frames
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University Partnering
Consider Strategic Alliance– Framework agreement
Fast, low-cost access toresources, experienceand skills
Challenges – IP terms– communications
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Partnering with Government Agencies
State and Federal agencies
Funding supplementsstrategic programs
A dedicated effort– Identify funding opportunities– Proposal preparation– Contract administration
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Moving into the Future
Mass Transit Agencies that remain internally focused to meet strategic technical needs
– Will be left behind
Reward technical community and private industry for solving problems - not just inventing
The fraction of R&D budget dedicated to open innovation will increase in successful, growing companies
Reach out globally to build relationships
tell us more about how you might make a good NYCT Open Innovation Partner!
http://MassTransitOpenInnovation.wordpress.com
Tom Lamb Chief Innovation and Technology Phone: (646)-252-3674
Email: Thomas.Lamb@ NYCT.com
Weblog: http://MassTransitOpenInnovation.wordpress.com