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New York City Transit Innovation and Technology Partnering Opportunities Open Innovation : Needs and Opportunities. Outline. New York City Transit Snapshot and Changes to Foster Partnering Strategic Areas & Technology Needs Potential Partnering Relationships

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Presentation Transcript
slide1

New York City Transit

Innovation and Technology

Partnering Opportunities

Open Innovation : Needs and Opportunities

outline
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
snapshot new york city transit
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
changes to foster partnering
Changes to Foster Partnering
  • Pre 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 Developments
      • External Technology Evaluation
      • Best Practices and Technology Implementation
definition
Definition
  • Open Innovation:Systematic use of external resources to supplement internal innovation and development efforts
why nyct supports open innovation
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.
strategic areas of technology needs
Strategic Areas of Technology “Needs”

Strategic Areas:

  • Sustainability
    • Energy
    • Environment
  • Capacity Improvements
  • Maintenance of facilities in “Good Repair”
  • Revenue Generation
  • Customer Service
  • Safety & Security
needs sustainability
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
needs sustainability1
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
needs capacity improvements
Needs: Capacity Improvements
  • Transit System Automation
    • Operations, Facilities and Equipment
    • Fare Collection
  • Regional and Inter-modal Growth
  • Station and Equipment Design
  • Passenger Logistics Management
needs facilities in good repair
Needs: Facilities in “Good Repair”
  • Durable Building Materials
  • New Cleaning Solutions and Equipment
  • Elevator & Escalator Improvements
  • High Performance Materials of Construction
  • Vandal resistant systems
needs revenue generation
Needs: Revenue Generation
  • Public/Private Partnerships
  • Creative Alliances for Value Sharing
  • Entrepreneurial Business Development
needs customer service
Needs: Customer Service
  • 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 safety and security
Needs: Safety and Security
  • Passenger Safety
  • Transit Worker Personnel Safety
  • Vehicle, Facility and Engineered Systems Safety
  • Non-destructive Testing Technology
  • Fire Safety
potential partnering examples

Acquisition

Joint Venture

Minority Equity Investment

Joint Development Agreements

Licensing

Contract Research:

University Alliances, Federal Lab CRADA,

Technology Subject Matter Experts

SBIR Letters of Interest and Support Letters

Potential Partnering Examples
how nyct can partner global technology insourcing
How NYCT can Partner :Global Technology Insourcing
  • Within Worldwide TransitCommunity
  • External Sources
    • Small Companies
    • Universities
    • Institutes
    • Government Agencies
    • Large Companies
small company partnering
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
university partnering
University Partnering
  • Consider Strategic Alliance
    • Framework agreement
  • Fast, low-cost access toresources, experienceand skills
  • Challenges
    • IP terms
    • communications
partnering with government agencies
Partnering with Government Agencies
  • State and Federal agencies
  • Funding supplementsstrategic programs
  • A dedicated effort
    • Identify funding opportunities
    • Proposal preparation
    • Contract administration
moving into the future
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

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