WHAT IS CO-INNOVATION?
Today’s innovators are under immense pressure from all directions as change is happening much faster than ever before. Digital transformation and the recent crisis have created technology and capability gaps in organizations and have rendered the traditional silo-based “do-it-yourself” (DIY) innovation model obsolete. As a result, many innovators are facing challenges that they can no longer solve on their own.
Co-innovation addresses these issues in a novel way. It helps innovators to solve their challenges and accelerate their innovation process by augmenting the internal innovation capabilities—company-led—with external capabilities—netword-led—of innovation partners in a trusted ecosystem. Co-innovation is imperative to the success of innovators in today’s digital world as it helps them to quickly and cost-effectively fill the gaps in the discovery, incubation, and acceleration phases of innovation from idea generation and invention all the way to successful commercialization.
BENEFITS OF CO-INNOVATION
Reduce Costs
& Errors
Mitigate
Risks
Accelerate
Innovation
Expedite
Growth
Achieve Desired
Outcomes
CENERGIM CO-INNOVATION SOLUTION
A FREE co-innovation platform makes it easy for Innovators to collaborate and act as “Challengers” or “Innovators” by either submitting a challenge, or by collaborating to solve a challenge;
A trusted innovation ecosystem ensures that only Cenergim vetted and invited innovators and expert solution providers participate in solving challenges so that the desired outcomes are generated.
CENERGIM BENEFITS TO CHALLENGERS
Trusted
Vetted experts
and innovation
ecosystem
Confidential
Discreet challenges,
and invitation only
participation
Fully Managed
Managed do-it-
for-me multi-party
co-innovation
Total Solution
Ideas + People
+ Solutions +
Management
End-to-end
From challenge
analysis to
outcome delivery
HOW IT WORKS?
Challenger discreetly
submits a challenge
to Cenergim
Challenger offers a
cash reward to solve
the challenge
Cenergim vets
innovators & builds
a private ecosystem
Challenger submits
the reward amount to
a third party escrow
Innovators co-innovate,
solve the challenge and
receive the reward
CENERGIM BENEFITS TO INNOVATORS
Scale & Grow
Faster
Increase revenues & scale
faster by adding new
revenue sources
Reduce Your
Costs
Save time & money by
reducing marketing
& sales costs
Solve Your
Challenges
Co-innovate with other
innovators to solve
your challenges
Enjoy Special
Rewards
Get your private code &
earn points, discounts, commissions & more
Enhance Your
Brand Equity
Make a difference
& get recognized
as a star innovator
HOW TO JOIN CENERGIM INNOVATION ECOSYSTEM
WHO SHOULD JOIN AS AN INNOVATOR?
Experts
Consultancies, domain experts,
scientists, and problem-solvers
who have expertise in solving
complex business challenges
Agencies
Firms specializing in innovation-related services such as digital marketing, creative, content, media, and more
Technologists
Technology providers offering automation solutions, tools,
data analytics, monitoring services, and devices
Start Ups
Original thinkers, inventors, and
pioneers who generate novel
ideas, methods, processes,
technologies or solutions
HOW TO GET REWARDS & PERKS
Participating in the Cenergim Rewards Program is very easy. By accepting our invitation and building your profile you automatically enroll into the program and get your private ID code (see the bottom left corner of your profile) that entitles you to receive rewards every time you engage in a qualified activity. For the program details, please visit the resource page on our website.
