
What does «data-driven» mean
Data management for efficient decision-making
Open innovation
Explore beyond reality
Science and technology are fundamental pillars in the transition towards a more environmentally friendly energy model. However, the development of disruptive solutions depends on cooperation and open innovation. By joining efforts and capabilities among various actors, both from the public and private sectors, the search for efficient technological solutions that accelerate the energy transition is expedited.
What is open innovation?
Open innovation is a paradigm that suggests that companies cannot generate all innovations internally, but must collaborate with external agents to access knowledge, ideas, and technologies, which is essential in a global and changing environment.
Professor Henry Chesbrough, of the University of California, Berkeley (USA), popularized this concept in his book “Open Innovation: The New Imperative for Creating and Profiting from Technology” (2003). In this work, Chesbrough argues that, in the age of information and globalization, companies must adopt an open innovation strategy to remain competitive.
In practice, open innovation is implemented in a variety of ways, such as: collaborating with startups, universities, and research centers, partnering with other companies, or participating in industry events and conferences.
Open innovation is characterized by a number of key elements that differentiate it from traditional closed innovation models.
Characteristics of open innovation
Open innovation is characterized by a number of key elements that differentiate it from traditional closed innovation models.
Advantages of open innovation
Adopting an open innovation approach offers multiple advantages to organizations:
Examples of open innovation
Open innovation has become a common practice in various industries, including the energy sector. Let's look at some examples:
Solar energy companies partner with tech startups to develop new photovoltaic solutions. These collaborations facilitate the integration of innovative technologies, such as more efficient solar panels and energy storage systems.
Another example of open innovation are collaborations with academic institutions and research organizations to develop renewable fuels. These projects convert organic waste into energy sources, promoting the circular economy.
In the development of smart grids, energy companies work together with technology providers and local governments. These collaborations make it possible to implement advanced sensors and data analysis software to optimize electricity distribution and consumption, improving energy efficiency and resource management.
Repsol and open innovation
At Repsol, we follow an open innovation strategy that facilitates collaboration with the best talent, both internal and external. This allows us to develop more efficient solutions in the field of energy, through partnerships and strategic collaborations.
Our open innovation model is based on 10 pillars, distributed in 3 fundamental areas: Repsol's own initiatives, participation in external projects, and strategic collaborations and investments. This structure allows us to detect emerging technologies early, validate and scale external developments, and accelerate innovation cycles so technological solutions reach the market as soon as possible.
1. Repsol's own innovations
2. Repsol's participation in external companies
3. Strategic collaborations and investments
Join our team!
Launch your career in big data and help us to create the future of energy.