2010 Year in Review

Posted by Dwayne Spradlin on Dec 30, 2010 9:23:21 AM

HNY 2011

As 2010 draws to a close we would like to thank you all for your support of InnoCentive. We achieved great things with your help, and anticipate the same momentum in the upcoming year. But, before looking forward to 2011, let’s take a few moments to consider the past year, and recap major InnoCentive milestones in 2010. After all, a good retrospective can put you in the right frame of mind to tackle the future.

The past year has been exciting and groundbreaking in many ways: we launched the Emergency Response 2.0 pavilion in response to the BP Oil Spill and other natural disasters; we helped propel collaboration and Challenge-Driven Innovation in the U.S. Government by working with NASA, In-Q-Tel and other government agencies; Solvers from around the world (people just like you) had an unprecedented opportunity to contribute to the NASA program and impact how the U.S. explores the “final frontier;” and we helped Toyota elicit ideas to improve the world using some of their most innovative technologies through their  Ideas for Good initiative. Then there were the Public Good Challenges, Partnerships with Nature and The Economist, and major improvements to our products and website.

Our mission has always been to help address and resolve problems that matter, so we have been fortunate to have the opportunity to work with organizations who ask the world to address global concerns and make extraordinary things happen. This year our Public Good Challenges addressed issues ranging from the environment, healthcare, and education, to science and philanthropy. InnoCentive Solvers have provided innovative solutions to the clean water and hydropower challenges faced by third world communities; they have addressed a critical malnutrition issue in pregnant women; suggested creative ways to involve parents in their children’s education; pioneered ways to attack Type 1 Diabetes; and identified extraordinary, unorthodox opportunities for philanthropic investment. These problems could not have been addressed if Seekers had not recognized that there were alternative and effective ways to find solutions, and if Solvers had not spent their time, effort and talent to help make the world a better place. Thank you all.

In concert with our partners, we seek to stimulate ideas and solutions from artists, entrepreneurs, scientists and engineers around the world. Our collaboration with Nature is bringing Challenges to a vast network of scientists; the Open Innovation Pavilion (shared with, and accessible through Nature.com) gives scientists the opportunity to tackle complex Challenges that face corporate, government and non-profit organizations. Working with The Economist and their ongoing Ideas Economy event series, we have reached out to solve Challenges as diverse as addressing education in remote areas of the world, reversing global climate change, and encouraging new innovative business models. Through these partnerships, Challenges are broadcast to an ever more diverse network of Solvers, resulting in new, eye-popping approaches to problems that matter. We are proud that the winner of the first Economist Challenge (the "Cyber Schools" Challenge) has already been approached by parties interested in funding his ideas!

Meanwhile, our products and website have seen significant improvements in the past year. InnoCentive@Work 3 is an enterprise platform for collaborative, Challenge-Driven Innovation that enhances your organization’s ability to tap into the diverse knowledge both inside and outside the organizational boundaries, create online communities and facilitate collaboration to solve your important business Challenges. We introduced Team Project Rooms and the Prodigy on InnoCentive.com - new capabilities designed to improve Solver collaboration, increase the quality of solutions and accelerate both Seeker and Solver success.

And finally, over the summer we launched a new version of the InnoCentive website! The site includes features for both Solvers and Seekers, whether new to InnoCentive or a long-time user. For new visitors, there is expanded information about Open Innovation and how to work with InnoCentive to solve meaningful problems. For veterans, there is improved navigation and search tools to get you to relevant Challenges more quickly. And there are new capabilities, such as an interactive Challenge Browser, Open Challenges listings and customizable Challenge Digest. We’ve made a significant investment in the site and in new features in 2010, largely based on the valuable input that we’ve received formally and informally from Seekers, Solvers and partners alike. Thanks for your support during this process – we couldn’t have done it without you.

Happy New Year, and we look forward to continuing to work with you in 2011, a year which may turn out to be even more innovative, productive and provocative than 2010.

--- InnoCentive Team

Topics: Innovation Insights, Challenges

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