Portuguese 
English 
Spanish 
5 min of reading 
0 comments 
Ocyan Waves Challenge Connects Startups To Solve Internal Challenges Through Rigorous Selection Process And Immersion In Pilot Projects.
In the electrifying landscape of corporate innovation, the Ocyan Waves Challenge stands out as a crucial platform for fostering partnerships with startups, creating innovative solutions that overcome internal challenges. The latest edition, held in February 2024, witnessed an incredible festival of new ideas, where startups from diverse backgrounds actively participated in the search for pilot projects that would revolutionize industrial processes. This context offers the perfect opportunity for startups to demonstrate their value, bringing to light innovations that transform the paradigms established by large corporations.
The mining sector, often seeking technological innovations to meet its complex demands, thus gains a powerful ally in this challenge. In this scenario, the Ocyan Waves Challenge stands out by seeking solutions that improve, accelerate, and make operations in oil exploration more sustainable. With a continuous commitment to sustainable growth, the initiative is aligned with the current demands of the industry. During the Demoday event, which takes place on February 19, startups present their projects, bringing creative and technological solutions that promise to transform the dynamics of the extractive industry.
Innovative Solutions: Building The Future of Mineral Exploration
Since its first edition, the Ocyan Waves Challenge has been a vehicle for innovation, catalyzing changes in the extractive sector by connecting the experience of large companies with the agility of young startups. This meeting is a true testament to the collaborative power among different market players, generating innovations that go beyond the obvious. For 2025, the focus remains on automation and energy transition, a demand that increasingly reflects the expectations of the global mining market.
-
Smaller packaging, more affordable prices, and a curious strategy: Coca-Cola, led by a Brazilian CEO, is trying to understand how far consumers are willing to pay less for less.
-
Nike initiates strategic move by laying off 1,400 employees, reorganizes global technology, and intensifies restructuring to respond to declining sales and the advance of competitors.
-
Apple announces John Ternus as new CEO in place of Tim Cook after a long era of billion-dollar growth, but the most striking detail is not the change itself, but rather what this change may reveal about the company’s next step.
-
A billion-dollar lawsuit against Microsoft in the United Kingdom is advancing and challenges the Windows Server cloud pricing policy that may have impacted thousands of companies and favored Azure in the global market.
With each edition, valuable insights are generated, with innovative solutions causing a significant impact in practice. This collaborative model creates fertile ground for new technologies to be introduced, optimizing processes and promoting efficient ESG practices. In a sector as dynamic as mining, being a leader in innovation is crucial to maintaining relevance in a highly competitive market.
The connection between startups and large corporations fostered by the Ocyan Waves Challenge is not limited to a simple exchange of knowledge. It drives a true industrial revolution, as digitization and automation become buzzwords, ensuring new jobs and growth expectations worldwide. According to Ocyan data, the demand for leaders who combine expertise in ESG and digital is high, promising a new era of opportunities by 2025.
The Ocyan Waves Challenge, embedded in the context of the company’s internal challenges, brings a new wave of innovation. The event anticipates the presentation of the promising results of seven startups that stood out in a rigorous selection process. This process, initiated with the mapping of 188 startups in April 2024, concluded that 87 were deserving of in-depth evaluation. Of these, 26 advanced to participate in the pitch week, an intense week of presentations that took place in June of last year. A significant number of startups passed through a rigorous filter, and from these, the seven best were chosen to advance to the immersion and execution phase of pilot projects, a three-month cycle that involves direct collaboration with Ocyan.
Open Innovation Program: A Path to Innovative Solutions
During this immersion period, the startups teamed up with the company’s internal challenges. Ocyan’s open innovation platform has proven effective in driving innovative solutions that directly meet the company’s needs. Each startup presented at Demoday is a reflection of this enthusiasm for innovation. The solutions brought include: automation of historical bidding analysis and optimization of document translation by Tools.aw; agility and traceability in contract management and signing flow through netLex; and integration and intelligence in health, safety, and environmental data by Simple Safety. Additionally, we tackled the automation of warehouse processes with Ledcorp and implemented engagement solutions in health and wellness practices with Avatar da Saúde. The digital transformation of offshore work permits is led by Prothera, while Beedoo strengthens the engagement platform for Ocyan members.
Immersion and Execution of Projects: Mutual Transformation
The Ocyan Waves Challenge transcends the mere connection between the large company and mature startups to resolve internal challenges. It is a true open innovation platform that offers unique opportunities to test technologies in a real environment, providing startups with practical knowledge of the demands of a large company in the sector. This symbiotic relationship goes beyond innovation; it paves the way for mutual transformation, with the potential for startups to become suppliers or co-develop products of strategic relevance with Ocyan. The central vision of Ocyan’s open innovation program is focused on finding innovative solutions that can generate a tangible positive impact on the company’s processes.
Mutual Transformation with Concrete Results
Each pilot executed is a chance for the company to assess the fit of the solution offered against the challenges faced. Patricia Grabowsky, Executive Manager of Innovation and People at Ocyan, emphasizes the mutual nature of the transformation enabled by this program. ‘Our goal is to discover innovative solutions that truly meet our needs and bring tangible results for both parties’, she reports. The fruits of this initiative are tangible: over 80% of the startups that conducted pilots were contracted. Grabowsky adds, highlighting that the results of the program not only reflect its success but also the substantial value it brings to all stakeholders.
Recognition and Expansion of the Open Innovation Platform
The Ocyan Waves Challenge, since its launch in 2019, has accurately mapped more than 800 startups and executed over 30 pilot projects. Of these, notably, 80% progressed to the contracting stage. As an open innovation platform, Ocyan seeks to foster a constructive relationship with the startup ecosystem, facilitating the acceleration of innovation through the Ocyan Waves Challenge and Ocyan Waves Booster programs. Thanks to the substantial results achieved by these initiatives, Ocyan received recognition from the TOP Open Corps Ranking 2024 starting in 2021, placing it among the 100 companies that best relate to startups. In 2023, Ocyan achieved second place in the oil and gas sector and, also last year, was acclaimed as one of the five companies most engaged in open innovation practices in the sector.
Source: Press Ocyan
Be the first to react!