Open innovation for India
The GE Edison Challenge is an open innovation challenge for the university student community in India, organized by the GE India Technology Centre (GEITC). This is an exciting technical competition where your imagination, analytical skills and technical expertise will be challenged and stretched. GEITC started the GE Edison Challenge as part of its University Relations program to promote technology and product innovation and encourage young minds towards research and development. Participants will be competing with India’s finest technical minds and will have the opportunity to present their mettle before senior scientists and engineers from GE as well as innovation thought leaders from the industry.
The 2016 Challenge
The digital and physical worlds are converging to create the Internet of (really important) Things. Things like energy, healthcare, transportation and water. If you have a digital-physical solution for India, sign up for the GE Edison Challenge 2016.
The Industrial Internet opens up a plethora of opportunities by connecting the physical machine with the digital world. A vast array of industrial machines – jet engines, power generators, oil & gas pipelines, locomotives, medical devices – are increasingly getting connected through the Internet. It is estimated that 50 billion machines will be connected by 2020. With the amount of data generated by machine sensors rising exponentially, coupled with big data analytics, the physical-digital convergence in the Industrial Internet can help solve pressing challenges in Energy, Healthcare, Transportation and Water, such as:
- 30% of the 300GW of power generated in India is lost due to transmission-distribution loss, thermal loss and AC-DC conversion issues: Can micro-grid, smart grid or off-grid solutions help meet the demands in the power sector?
- 1 million out of 30 million babies born across the world each year are victims of infant mortality: Is there a predictive technology to help save the lives of these babies?
- 20% of the diseases in India are caused due to unsafe drinking water with diarrhea alone causing 1,600 deaths daily: Is there a digital technology to predict and prevent the pandemic?
- Over INR 60,000 crore is lost annually due to traffic congestion, fuel wastage and operational inefficiencies in Indian rail, road, and flight transportation: Is there a digital-physical solution to bring in productivity and fuel efficiency?
Digital-physical solutions empower the end user with better knowledge and drive outcome-based services. They also optimize the operations of the end user ecosystem. If you have a digital-physical Industrial Internet solution on any of the above areas or beyond, sign up for the GE Edison Challenge 2016. Join us in developing a sustainable eco-system for the 1.2 billion lives in India.
|Technical Feasibility of Idea (40%)||The idea should be workable, practical for implementation, technically and economically feasible. Teams will be required to present information and data supporting feasibility of solution in terms of prior art in their area, jugular experiments / simulation / prototype models / software solutions, etc.|
|Commercial Feasibility (40%)||The idea will be evaluated on the basis of scalability and affordability of the solution. Teams shall present detailed costing analysis, price benchmarking and data supporting the scalability and overall business case.|
|Innovation and Novelty (20%)||The ideas will be evaluated based on their originality in all the applicable areas including technical solution, commercialization or implementation. Teams must demonstrate that they have knowledge of existing technologies and how their idea is novel.|
In addition to the above criteria, the finalists will be further assessed on their ability to demonstrate the key features of their ideas through level of completion, sophistication and ability to communicate their idea in a clear and creative manner.
Preliminary Round: The GE Edison Challenge 2016 is structured in two rounds. In the first round, you are required to submit a detailed project report (see Guidelines) describing your idea in detail. Each team will be assigned a dedicated technical coach to guide them. Teams will need to submit the detailed project report by 15 February 2016.
The results of the first round will be declared on 22 February 2016, on the GE Edison Challenge website. The shortlisted 25 teams will be invited for the finals. They will be notified through email. The final round will be held on 9 and 10 March 2016 at GE John F. Welch Technology Centre, 122, EPIP Phase 2, Whitefield Road, Bangalore 560066. Travel and accommodation will be provided for the finalists.
Final Round: In the final round, 25 shortlisted teams will be invited to the GE John F. Welch Technology Centre, Bangalore. This round will include a competitive technical challenge followed by presentation of the detailed project report which was submitted in the first round. The top 25 teams attending the finals will get an opportunity to visit the GE R&D labs, interact with GE experts and leadership, and attend a Predix platform workshop during their visit. Finalists will be evaluated based on the performance in both the first and final rounds of the Challenge. Finalists are expected to demonstrate their ability to build on their idea and develop a model concept during the final round.
The winning team will receive an award of INR 2 lakh and incubation grant of INR 8 lakh for their university and one runner-up team will receive an award of INR 1 lakh and incubation grant of INR 4 lakh for their university.
The top 25 finalist teams will get an opportunity to visit GE John F. Welch Technology Centre in Bangalore and see the R&D labs, interact with GE experts and attend a Predix platform workshop during their visit.