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New York City Transit Innovation and Technology Partnering Opportunities

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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New York City Transit Innovation and Technology Partnering Opportunities

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  1. New York City Transit Innovation and Technology Partnering Opportunities Open Innovation : Needs and Opportunities

  2. 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

  3. 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

  4. 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

  5. Definition • Open Innovation:Systematic use of external resources to supplement internal innovation and development efforts

  6. 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.

  7. Strategic Areas of Technology “Needs” Strategic Areas: • Sustainability • Energy • Environment • Capacity Improvements • Maintenance of facilities in “Good Repair” • Revenue Generation • Customer Service • Safety & Security

  8. 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

  9. 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

  10. Needs: Capacity Improvements • Transit System Automation • Operations, Facilities and Equipment • Fare Collection • Regional and Inter-modal Growth • Station and Equipment Design • Passenger Logistics Management

  11. Needs: Facilities in “Good Repair” • Durable Building Materials • New Cleaning Solutions and Equipment • Elevator & Escalator Improvements • High Performance Materials of Construction • Vandal resistant systems

  12. Needs: Revenue Generation • Public/Private Partnerships • Creative Alliances for Value Sharing • Entrepreneurial Business Development

  13. 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

  14. Needs: Safety and Security • Passenger Safety • Transit Worker Personnel Safety • Vehicle, Facility and Engineered Systems Safety • Non-destructive Testing Technology • Fire Safety

  15. 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

  16. How NYCT can Partner :Global Technology Insourcing • Within Worldwide TransitCommunity • External Sources • Small Companies • Universities • Institutes • Government Agencies • Large Companies

  17. 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

  18. University Partnering • Consider Strategic Alliance • Framework agreement • Fast, low-cost access toresources, experienceand skills • Challenges • IP terms • communications

  19. Partnering with Government Agencies • State and Federal agencies • Funding supplementsstrategic programs • A dedicated effort • Identify funding opportunities • Proposal preparation • Contract administration

  20. 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

  21. 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

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