2. X PRIZE Foundation & Singularity University
The X PRIZE Foundation
and Singularity University
have teamed up to deliver
an extra ordinary Innovation
Partnership Program (IPP).
IPP is designed to drive innovation and breakthroughs in companies
that are scalable, repeatable, and applicable to your needs. To help
companies transition from “linear” “exponential” organizations
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3. Why Do Large Companies Have
Difficulty Innovating?
1. Technological change is too fast &
accelerating
2. True innovation comes from
“orthogonal thinking”
3. Companies are too risk averse, and
breakthroughs require significant risks
4. Breakthroughs disrupt current lines of
business
5. Companies have too many “experts”
who are typically stove-piped and linear
thinkers
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4. What is Singularity Univ?
Singularity University (SU) is the leading
institution for teaching exponentially
growing technology. SU focuses on what’s
in the lab today and coming to market in 2,
5 and 10 years.
Founding Partners: Autodesk, NASA,
Google, Cisco, Nokia, Kauffman
Foundation, Genentech
Programs: Graduate Studies Program &
Executive Programs
Faculty: A deep network of technologists
and innovators from the top labs,
“If I were a student, this is where I companies and entrepreneurial groups.
would want to be.”
- Larry Page, CEO, Google
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5. What is X PRIZE?
The X PRIZE Foundation: World
leader in incentive competitions and
crowd sourced innovation. X PRIZE
partners with leading companies to
drive global competitions for the
radical benefit of humanity.
Focus Areas: Life Sciences; Energy;
Exploration; Education, Global Dev.
“Every time I come to an X PRIZE event I
am high for days afterwards. There is Headquarters: Los Angeles, CA
nothing like hearing so many great ideas
and looking into the eyes of people that Prize Sponsors & Partners: Google,
really are making such a huge difference.” Qualcomm, Nokia, NASA, Cisco,
- James Cameron, Filmmaker,
Explorer, XPF Trustee
Shell, DOE, Express Scripts,
Progressive.
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6. What is Innovation Partners Program (IPP)?
IPP is the best of SU & X PRIZE, put together into a powerful,
inspiring, results-oriented program designed for C-suite and
innovation executives.
Meets 2x per year, for 4 Days (Thurs – Sun)
Goal: Change the way we think from Linear Exponential
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7. The Program Overview
Day 1&2: Exponential Thinking – Growth of 7 Key Technology Areas
• Understand the velocity of key technologies (in the lab, coming to market)
• Empowered with the understand that “Anything is Possible”
Day 3 & 4: Incentivized Competition & Crowd-Sourced Innovation
• Understand how the Crowd can help you innovate & remain cutting edge
• Reduce your R&D costs 100-fold by taping into surplus cognitive genius
• Come away with clear, objective targets and a Plan to implement
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8. Day 1 & 2: Exponential Technologies Content
Day 1 & 2 is focus on delivering a coordinated overview of 7 key
exponentially growing technologies. Providing insight into what is in
the lab today, and coming to market over the next 2, 5, and10 years.
ARTIFICIAL NETWORKS & 3D PRINTING &
INTELLIGENCE SENSORS MANUFACTURING
& ROBOTICS
DIGITAL ENERGY SECURITY SYNTHETIC BIOLOGY
MEDICINE
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9. Day 1 & 2: Objectives - Thinking
• Exponential Thinking: Understand the power of
exponentially growing technologies
• Exponential Trends: Recognize exponential trends and learn
how to apply them.
• Convergence: Where will
convergence create opportunities?
• Discussion/Reflection:
How will this technology affect our key
products and growth? Solve key
corporate challenges?
How will this technology help us solve
Grand Challenges that our company,
employees and customers care about?
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10. Day 1 & 2: Curated Teaming
• IPP matches each company with two “teaming
partners” from other industries to facilitate the
discussion/reflection time;
• This curated effort provides insight & perspective
as colleagues from outside your industry help you
look at problems/opportunities in a new light.
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11. Day 3 & 4: Incentive Competitions &
Crowd Sourcing
• Day 3 & 4 are modeled after the X PRIZE Visioneering
process – an effective way to identify market failures, set
audacious/achievable goals and drive radical
breakthroughs. Educational content focuses on:
– Incentivized Competition: Learn how to design an
Incentive prize and how such a prize can be used to drive
desired breakthroughs in your company or industry;
– Crowd-sourced Innovation: Learn how to leverage “Global
Genius” – How do you get the world’s smartest people to
help you solve your problems at 1/100th the cost in a
fraction of the time?
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12. “No matter who you are, most of the
smartest people work for someone
else.” - Bill Joy, 1990
Following are the “Exponential Organization tools” now
available for companies to leverage global genius to solve their
problems at a fraction of the time and cost, with no overhead.
(1) Incentive Competitions (5) Gamification
(2) DIY Communities (6) Microwork
(3) Machine Learning Data Competitions (7) Crowd Ideation
(4) Crowd Wisdom
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13. DIY Community
Incentivized for R&D
Competitions • R&D at factions
• Prizes for breakthroughs of traditional costs
• Data competitions • Tapping into the
passion of the maker
movement
Crowd Wisdom
• Prediction market
The Latest Landscape:
Crowdsourcing
Crowd funding Models, Ideas & Cases
• Product presale
• Market testing
Cloud Workforce
Social Ideation & Operations
• New product development • Global micro-workers
• Community feedback • Outsourcing via competitions
and engagement • Distributed manufacturing
• Sales of spare resources
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14. Day 3 & 4: Objectives
• Each participating company will
identify 2 or 3 areas where a
breakthrough would create maximum
benefit. These target areas would then
drive:
Generate ~2 X PRIZE Concepts that
could drive meaningful breakthroughs
for your company and industry.
Evaluate the top “Exponential Organizational Tools” of
use to your company to solve your top problems. Then
learn the tools, meet the implementers and use the
solutions.
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16. Opportunity – 30 Innovation Partners
• 30 Select Companies
• 3 Executives per
company
• Total of 90 industry
leaders
• Collaboration to drive
breakthroughs
• Cross industry expertise
and pollination
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17. What Will You Get Out of the
Innovation Partnership Program?
Key Benefits:
1. Access & Connection: SU’s deep network of technologists,
innovators, faculty and alumni can be brought to bear on specific
challenges and issues of interest to your company (an “on-demand
network”)
2. Solution Focused “Turn-key” Approach: Show up with your
biggest problems and we will take you through a process to help
drive new solutions, and turn then into your biggest opportunities.
3. Maximize ROI on Your Sr. Executive’s Time: The 4-day IPP
represents one of the most efficient and powerful ways to deliver
tools and a vision to very busy Senior Executives.
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18. What Will You Get Out of the
Innovation Partnership Program?
Key Benefits: (continued):
4. IPP offers a platform to educate up to 18 Senior Executives
(over a 3 year period) in a consistent and immersive fashion
5. Offers the opportunity to develop powerful collaborations with 29
other innovation Partners.
6. Will result in concrete “innovation objectives/techniques” for
your industry, company & key product lines.
7. A set of educational products that can be brought back to HQ to be
shared; (Option for a 1-day “overview” at HQ)
* 7 Key Tech Areas: AI & Robotics, Networks & Sensors, Digital Medicine, 3D Printing/Manufacturing, Synthetic
Biology, Security and Energy.
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19. Linear Exponential
Exp. - Technology Exp. - Organization
1. Computation & 1. Incentive
Infinite Computing Competitions
2. Networks 2. Gamification
3. Artificial 3. DIY Communities
Intelligence 4. Machine Learning
4. Robotics Data Competitions
5. Synthetic Biology 5. Microwork
6. Digital Medicine 6. Crowd Ideation
7. 3D Printing 7. Crowd Wisdom
Innovation Partners Program (IPP)
21. Membership Level Options
Level 1
- Term: 3 years (2 sessions/year, Fall & Spring)
- 3 Executives per session (can be a mix of
executives & clients)
- Total of 18 Execs over 3 years
- Price: $250,000 / year
Level 2
- Term: 3 years (2 sessions/year, Fall & Spring)
- 5 Executives per session (can be a mix of execs & clients)
- Total of 30 Execs over 3 years
- Corporate HQ Session: SU & X PRIZE Foundation
will come and provide a 1-day session (once per year)
at your Corporate HQ, with the support of your attending
executives to help share the program knowledge.
- Price: $375,000 / year + Travel/Accommodations
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22. Thank you.
For more information, please contact:
Peter H. Diamandis
310.741.4880
xprize.org
singularityU.org
Editor's Notes
X PRIZE Foundation and SU have come together to form a unique organization to allow you engage your senior and executive staff in this unique process
Technological change is accelerating at an exponential rateHow do we keep up?
What is Singularity University?
Who: X PRIZE FoundationNotes:Ansari X PRIZEProgressive Automotive X PRIZE Wendy Schmidt Oil Cleanup X CHALLENGENorthrop Grumman Lunar Lander X CHALLENGEGoogle Lunar X PRIZEQualcomm Tricorder X PRIZEArchon Genomics X PRIZE
What you learn about is what’s in the lab today and what will be in 2, 5, 10 years from now so you can anticipate and leverage to make you a leader in your industry List Faculty?Robotics & AI, Computing & Sensors/Network Systems, 3D Printing Nanomaterials, Energy & Environment, Medicine & Neuroscience, Security & Future Crime, Synthetic Biology & Bioinformatics
Two essential net takeaways from Days 1 & 2You will learn about the power of exponential technologySolve entrenched obstacles for decades to come
Leveraging the art of crowdsourcing Learning about the power of incentivized competitionWhich will benefit your company + the world, both of which are interconnected
World’s biggest problems equal the world’s biggest market opportunitiesCSR - help you connect with your customers on the issues that are important to them
The first 6 charter members.
After our Visioneering events, people always ask how they can share this experience with their other senior level executives?Copy per Peter was this but if we are using the cover, it would be redundant: A Joint effort of the X PRIZE Foundation & Singularity University