Corporate Open Innovation
Corporate Open Innovation
Connecting the Supply & Demand of Corporate Innovation
Corporate Open Innovation offers the best of both worlds: harnessing the size and processes of larger corporations, with the nimble and innovative approaches of successful startups.
We follow a unique, structured in-house process. First, we work closely with our corporate partners to unravel their pain points, challenges and anticipate upcoming needs – aligned with their core strategic vision. Next, we screen the market for relevant technologies and match the best tech solutions to our corporate partners’ needs and requirements, in a structured deal flow process.
Our multifaceted approach to Corporate Open Innovation creates a pathway to meaningful interactions and extraordinary growth opportunities that lie off the beaten track. Encompassing scouting and deal flow, industry introductions, corporate innovation training, branding and positioning, as well as a state-of-the-art work space, this approach has positioned SOSA as one of the world’s leading Corporate Open Innovation platforms.
Enel is a multinational energy company and one of the world’s leading integrated electricity and gas operators, working in 37 countries with around 64 million end users in 5 continents. Enel has placed environmental, social and economic sustainability at the center of its corporate culture and aims to find the most innovative solutions to the challenges faced by its business lines. Since Enel opened their first innovation hub in SOSA Tel Aviv, SOSA have helped them establish their open innovation infrastructure and exceed their goals, by curating highly relevant deal flow, positioning, meetups and industry introductions – from day one. Due to its success, Enel is now duplicating this model to other countries around the world.
HP Tech Ventures is the venture capital arm of HP Inc. specializing in startups and early venture investments. HP Tech Ventures pursues strategic investments and partnerships in disruptive technology areas, including: 3D transformation, immersive computing, hyper-mobility, Internet of Things, artificial intelligence, and smart machines. SOSA has helped HP Tech Ventures initiate curated events while hosting senior executives from HP’s headquarters, as well as bringing the best innovative opportunities based on its defined verticals.
Munich Reinsurance is a Risk Management group that offers insurance and reinsurance services. The largest reinsurer in the world, Munich Re has partnered with SOSA for the past two years and will soon be entering its third year of partnership.
SOSA has helped Munich Re access the best technologies based on their criteria, and has provided ecosystem insights and relevant information about specific verticals. In addition, SOSA, together with Munich Re’s innovation team, have hosted senior managers from the organization, and put them in touch with key people from the Israeli ecosystem.
SOSA continues to spread disruptive business values to its corporate partners, through the unique format of innovation bootcamps. In different locations worldwide, from Tel Aviv to Europe and New York, we are developing new value propositions in global industries, such as Insurance, Supply Chain & Logistics, Finance and Energy.
We ensure that our corporate partners are positioned at the top of innovative thinking, by leading their teams through 4 intense days of R&D using the Design Thinking Toolbox, together with the injection of technological solutions and external expertise.
Our tailor-made bootcamps offer a unique combination of a human-centric approach together with the latest cutting edge technologies available.
By the end of the innovative week, 20-50 executives participating in the program deliver their top management with their validated prototypes, supported by a business model to ensure practical deployment and implementation of an MVP.
Research & Insights
Our Innovation Analysts produce up-to-date insights and reports, providing our global partners a better understanding of the innovation market. This, in turn, supports our partners in setting a well thought strategy for corporate innovation and investments.
Check Out Our Industrial AI & Cyber Security Reports:
With the increased efficiency that Artificial Intelligence (AI) technologies can provide, implementation of these technologies...
With the increased efficiency that Artificial Intelligence (AI) technologies can provide, implementation of these technologies has a huge effect on industrial sectors.
In industrial settings, AI is a powerful tool for predictive maintenance, helping owners plan for breakdowns in machinery, minimize waste, improve overall optimization of production, and strengthen the cyber security of IT and OT systems. That’s because AI technology has the ability to recognize image and sound patterns, for example, and respond quickly and intelligently to situations that arise.
In virtually all factories, poor demand forecasting and capacity planning, unexpected equipment failures and downtimes, supply chain bottlenecks, and inefficient or unsafe workplace processes can lead to resource wastage, longer production periods, low yields on production inputs, and lost revenue. Industrial AI is addressing all of these problems and several forward-thinking manufacturers are already relying on AI to tackle these issues.
The need for strong protection against cyber-attacks has never been greater, as the complexity and...
The need for strong protection against cyber-attacks has never been greater, as the complexity and cost of cyber-crime damage keeps increasing every year. This space is seeing frequent and profitable M&A deals, equally attracting the attention of both investors and entrepreneurs.
Israel attracts 15% of the global investment in cyber security, considered as one of the strongest cyber-security clusters globally, with top talent being produced at the intelligence units of the IDF.
New York City is the financial capital of the United States and has the largest customers in financial services in the Western World. While this marks New York as the prime target of cyber attacks, many stakeholders, including the city’s municipality, are pushing to make it into the cyber security leader, respectfully to the value in stake.