New York City Transit

Innovation and TechnologyPartnering Opportunities

Open Innovation : Needs and OpportunitiesOpen Innovation : Needs and Opportunities

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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

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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

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Changes to Foster PartneringPre 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 DevelopmentsExternal Technology EvaluationBest Practices and Technology

Implementation

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Definition

Open Innovation:Systematic use of external resources to supplement internal innovation and development efforts

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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.

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Strategic Areas of Technology “Needs”

Strategic Areas:

Sustainability– Energy– Environment

Capacity Improvements

Maintenance of facilities in “Good Repair”

Revenue Generation

Customer Service

Safety & Security

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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

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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

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Needs: Capacity Improvements

Transit System Automation– Operations, Facilities and Equipment– Fare Collection

Regional and Inter-modal Growth

Station and Equipment Design

Passenger Logistics Management

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Durable Building Materials

New Cleaning Solutions and Equipment

Elevator & Escalator Improvements

High Performance Materials of Construction

Vandal resistant systems

Needs: Facilities in “Good Repair”

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Public/Private Partnerships

Creative Alliances for Value Sharing

Entrepreneurial Business Development

Needs: Revenue Generation

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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

Needs: Customer Service

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Passenger Safety

Transit Worker Personnel Safety

Vehicle, Facility and Engineered Systems Safety

Non-destructive Testing Technology

Fire Safety

Needs: Safety and Security

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Potential Partnering Examples

SBIR Letters of Interest and Support Letters

Contract Research: University Alliances, Federal Lab CRADA,

Technology Subject Matter Experts

Licensing

Joint Development Agreements

Minority Equity Investment

Joint Venture

Acquisition

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How NYCT can Partner :Global Technology Insourcing

Within Worldwide TransitCommunity

External Sources– Small Companies– Universities– Institutes– Government Agencies– Large Companies

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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

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University Partnering

Consider Strategic Alliance– Framework agreement

Fast, low-cost access toresources, experienceand skills

Challenges – IP terms– communications

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Partnering with Government Agencies

State and Federal agencies

Funding supplementsstrategic programs

A dedicated effort– Identify funding opportunities– Proposal preparation– Contract administration

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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

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