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Open Innovation: Fueling the Automotive Industry’s Transformation 🚗

Open Innovation: Fueling the Automotive Industry’s Transformation 🚗

By: Batya Mor, Talya Ohana, Maayan Sharon and Peter Edelstein

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The automotive industry has undergone profound transformations driven by the global imperative to reduce carbon emissions and mitigate climate change. This ongoing revolution has given rise to new challenges, prompting automotive and mobility companies to develop innovative solutions that will drive future growth.

As the industry advances, established automakers like Mercedes-Benz, BMW, General Motors, and Tesla recognize the importance of integrating startups to remain competitive. This form of strategic collaboration allows major automakers to tap into novel concepts and products that would otherwise take these corporations years to develop independently. Simultaneously, startups gain invaluable access to resources, manufacturing expertise, and vast market reach. This symbiotic relationship not only infuses fresh perspectives and breakthrough technologies into the traditional automotive landscape, but also nurtures a culture of entrepreneurship and dynamism within these industry giants.

As part of their commitment to accelerating the Electric Vehicle (EV) revolution, the European Union has set an ambitious target of installing 1 million electric and hydrogen vehicle charging stations by 2025. This regulatory push presents both challenges and opportunities for automakers, who must now adapt their strategies and invest in EV technology and infrastructure. Through innovation in the automotive and mobility spaces, companies can effectively address these challenges, embrace emerging technologies, and develop sustainable solutions to achieve ambitious emission reduction goals.

To effectively bridge the gap between regulation, innovation, and the startup ecosystem, here are five essential considerations when engaging in open innovation:

🚘 Ensure strategic alignment between your company and the startup
🚘 Carefully select your innovation partners based on expertise and compatibility
🚘 Establish a robust framework for collaboration and knowledge exchange with your open innovation partners
🚘 Engage with a broader ecosystem of stakeholders
🚘 Be flexible and agile – startups thrive on agility and speed

Electrification is a transformative journey that, at times, may appear daunting. However, with the support of a skilled and dedicated team, we can streamline the process and introduce new technologies to revolutionize the automotive and mobility sectors. By leveraging the expertise of our team, we can disrupt and propel the industry forward at a faster pace than anticipated via open innovation. Together, let’s develop a transportation ecosystem that prioritizes sustainability and efficiency, ensuring a brighter and greener future for all.

To learn more about how EIT Hub Israel can accelerate your company’s growth through open innovation journey, take the next step and apply to the Disrupt Me programme here: https://go-eit.eu/eit-israel-hub/disrupt-me/

#AutomotiveIndustry #MobilitySector #Innovation #Electrification #Tesla #EURegulation #Sustainability #TransportationTrends

Unlocking New Horizons: The Impact of Horizon Europe’s Expansion

The recent expansion and geographical growth of Horizon Europe’s international cooperation marks a significant shift in the EU’s approach to research and innovation collaboration, and opens up exciting possibilities for the EIT Global Outreach.

By: Adi Barel and Adina Beer

Navigating Global Teams in Today’s Dynamic Work Space

Here at EIT Global Outreach we have the privilege to work with team members literally from across the globe on daily basis, and we are here to share with you the main challenges that we have identified, and the basic do’s and don’ts to turn global teams into a strategic advantage and propel you to international success.

By: Adina Beer

2023-24 Innovation Trends & Forecasts

May 2022, Y Combinator Advises Founders to ‘Plan for the Worst’. The leading worldwide startup accelerator recently provided founders with valuable guidance to navigate unprecedented trends in order to ensure the survival of their companies.

By: Maayan Sharon

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Unlocking New Horizons: The Impact of Horizon Europe’s Expansion

The recent expansion and geographical growth of Horizon Europe’s international cooperation marks a significant shift in the EU’s approach to research and innovation collaboration, and opens up exciting possibilities for the EIT Global Outreach.

By: Adi Barel and Adina Beer

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Here at EIT Global Outreach we have the privilege to work with team members literally from across the globe on daily basis, and we are here to share with you the main challenges that we have identified, and the basic do’s and don’ts to turn global teams into a strategic advantage and propel you to international success.

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Shedding Light on an Often-Overlooked Aspect of the Global Economy: Ports⚓️

Ports must embrace the opportunities offered by technological advancements in order to enhance their operations and contribute to greater economic growth in today’s rapidly changing world. 

By: Batya Mor, Talya Ohana, Maayan Sharon and Shaked Helft

Global Connections as Rocket Fuel for Ecosystems

Innovation ecosystems are a great thing, we all know that. Being an active and connected part of your local ecosystems brings many opportunities, collaborations, investments, and clients.

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Full access to the community network

Connect & Experience offers more than training. The C&E community network is an active EU online and offline community offering easy access to opportunities, curated content, matchmaking, soft landing services, and support. The community provides a space for community builders from Europe and Horizon Europe associated countries to interact, share best practices, and collaborate to enhance your startup community.

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Access to Healthcare

The Health not The Death is a fundamental human right. A healthy population is not to be seen as human and social capital, an input, or by-product, towards economic growth. Alongside a healthy and sustainable environment, a solidarity, a healthy population must be the ultimate goal especially nowadays in helping Ukrainian migrants with cancer and their families.

Solidarity in health is a cornerstone of EU health policy. There are wide disparities in many health outcomes across the region and those outcomes. The access rules dramatically affect healthcare systems which are at the forefront of the migrant way, the people who are searching for help and the way how we could enhance and support their healthier and wellbeing status.

In order to ensure their access to care and continued cure in need, the probability of receiving a timely diagnosis and of surviving differs greatly from country to country where they are now. There is lack of information, help and inequalities in access. People need help in navigating cancer knowledge, diagnostics, secondary monitoring and prevention, way of treatments, and care.

Shifting our mindset, supporting healthcare connectivity, removing inequalities overall across Europe is our mission and even more now in a time of crisis, helping the Ukrainian people dealing with cancer is a good place to begin this transformative revolution.

1) Whether we have a chance to foster more holistic and integrated approaches to receive information and care, by supporting coordination and maximising an enabling and health-enhancing effect of care across services from different countries?

2) Whether actions should address the social determinants of health, the countries where they are now, the health need which they have, the social and language barriers are the conditions which have to be taken into consideration in a coordinated manner?

How might we improve patients and /or people who seek healthcare support, access to healthcare services at an EU & the Member States Healthcare systems level? Especially in a time of crisis in Europe.

How might we support refugees fleeing from their countries by navigating them to medical centres to receive best available care?  

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Predictive Treatment

Precision medicine aims to personalise care for every individual. Nongenomic and genomic determinants, combined with information from patient symptoms, clinical history, and lifestyle (nutrition, physical activity, stress etc.), can facilitate personalised diagnosis and prognostics. Yet this goal requires access to massive amounts of data which may come from different structured and unstructured sources; these can be our medical records, laboratory testing, a range of medical devices as well as from the patient himself. AI & ML can combine input from these multiple sources, analyse them and identify biomarkers that can support health professionals make more informed decisions. The convergence of precision medicine with the advanced AI capabilities will improve the ability to personalise care – improve diagnosis, risk prediction as well as therapy planning.  

HCPs want to better predict treatment response, given uncertainty around which treatment to prescribe to which patient and when to prescribe. How do we risk assess the patients, match them with the right treatment (personalised). How can we transform the wealth of data and link it to the predictive nature of how the patient will respond?

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Patient Journey Navigation

Being diagnosed with cancer is overwhelming and comes as a blow. Patients may feel on a roller coaster of emotions—they are scared, lost & confused not knowing what to expect, who to refer to, what to do and how to tell their loved ones.  They directly refer to “Dr. Google” to look for information about their disease, possible treatments, QoL strategies with the aim to have better understanding of their disease and learn how to better cope with their disease & treatment, yet information is not always valid, accessible, nor personalised or tailored to the patient’s status and needs therefore left with huge amounts of non-relevant information. Coming to the doctor, the physician’s time is limited and mostly focusing on the physical aspects of the disease & treatment, not leaving much time to ask questions nor discuss more holistic aspects of the disease such as emotional, psychological, social aspects. The patient (& caregiver in many cases) leaves the room with unanswered questions, doesn’t remember much of what has been said, and feels he is not heard, nor seen as a whole.

The need for navigating this journey along the emotional psychological stress is overwhelming & patients and their caregivers look for support (case manager/companion/partner) to help manage their disease holistically – starting from having clarity around their disease and treatment by having access to reliable and personalised information during their journey as well as having an integrated holistic care system , supporting them and their loved ones to navigate through the different aspects of their disease – medical, emotional, logistical, psychological, social, rights.

How can we support patients to navigate through the complexity of their disease and treatment ensuring they have validated holistic information about their disease journey & treatment and be empowered to  effectively manage their care 

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Peer-to-Peer Medical Exchange

As medical events pivoted from conference centres and meeting rooms to the virtual settings, learning opportunities continue. Lectures and presentations are translated to the new digital world, yet the ability to connect and network is relatively lost. Peer interaction is essential not only for information exchange but to share practical insights, allows consultation & in-person experience cross country and across borders leading to better disease management.

This peer-based learning/ consultation is highly valued amongst practising clinicians and was generally achieved when HCPs and KOLs met their peers in national & Intl conferences, group debates, advisory boards and even during quick corridor conversations. Attempting to replicate these in-person experiences into the digital space creates challenges and are not effective nor impactful as face-to-face engagements. 

How might we improve HCP medical exchange enabling physicians to easily communicate, consult, exchange opinions leveraging individual experts & centres of excellence knowledge, experiences, and practices?

How can we leverage the technological expertise to allow HCPs to connect with leading experts across countries to get advice / counselling for their cases?

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Application for 2022Calling2Scale is closed.
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