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Unleashing PHYSICS potential through open innovation

FaaS is the most central technology in serverless architectures, which allows organisations to focus on code and not on infrastructure. During pandemics, data traffic increased a lot, and major cloud providers put the focus on FaaS as the next technical trend.

PHYSICS takes advantage of this situation, providing a FaaS platform to operate, orchestrate and deploy applications on different infrastructures. However, for getting a real success, it is not only a matter of developing novel technologies or covering current technical/market gaps. However, to determine PHYSICS success it is important to measure its real impact. And this can only be done engaging different stakeholders.

Open innovation is not a new concept as it has been around for more than 20 years. However, it has gained importance in the last years with the digital transformation processes and new user-centric business models. It basically consists of opening the innovation processes to any external expert or researcher who can provide valuable feedback to improve the ongoing work.



Closed vs. Open Innovation funnel

It is, per se, cost-saving as well as an accelerator of time-to-market as it supports the creation of a key differentiation factor for any kind of product.

Focusing only on EU projects, one of their main handicaps is to get out of the research bubble, identifying topics not yet addressed and real-world user needs far beyond the consortium expectations. This will help to better eliminate the boundaries between business and research activities in collaborative environments, reducing risks and better using funds while focusing on results with a wider end user scope. There are several types of innovation according to its inclusion level (intercompany, intracompany, for experts, publicly open), and the purpose of use (marketing, gathering insight, finding talent, R&D). PHYSICS follows an open innovation strategy for maximising its adoption impact, providing tailored messages and offerings according to users’ needs, and not only from the consortium perspectives. Furthermore, it is open to different external stakeholders, with or without a technical background, that can provide valuable feedback about current technical challenges and market gaps while validating the proposed project results and exploitation strategy. With the main goal of attracting and engaging external stakeholders by involving them in the project R&D processes, aiming to maximise impact and foster the adoption of results.

Stay tuned, as everything will be documented in the PHYSICS Handbook, including a replicability plan.


[1] Viima, Open Innovation, https://www.viima.com/blog/open-innovation

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