Ocyan Waves Challenge Holds Final Pitch for Presentation of Pilot Projects

Rio de Janeiro, November 26, 2020 – The second edition of Ocyan Waves Challenge took place this week with the virtual presentation of the four startups that reached the pilot project development stage. Throughout the event, the entrepreneurs presented their projects, showing positive results and encountered difficulties.

“It was enriching to get here, in such an adverse year, relying on the entire support structure and team from Ocyan. Innovation at the company has been accelerating, and in two years with Ocyan Waves, we have found great solutions to improve our operations. The program will go into its third edition in 2021, and we only have reasons to be proud,” said Jorge Mitidieri, vice president of Ocyan.

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Throughout the event, the Ceará startup Delfos, the Paraná startup Vidya Technology, the São Paulo startup XMachina and the Rio de Janeiro startup PhDsoft explained the entire process of the last 90 days leading up to the pilot finalization. The goal is to address the internal challenges proposed by Ocyan.  After each presentation, an evaluation of each startup was sent to the members who proposed the challenge.

Among the challenges proposed by the company were the search for solutions for alarm management, by Delfos; the digital twin of the BOP (Subsea Blowout Preventer), by Vidya; real-time fluid analysis of the BOP, by XMachina; in addition to failure prediction and top drive hose management by PhDsoft. All challenges relate to technical issues concerning the operations of vessels in offshore drilling and production activities.

“In this last stage, Ocyan will define which startups will become the company’s suppliers. There were 106 entries, 20 of which were selected for the initial Pitch Day, five for immersion, and four for the pilot phase. The strong mobilization of the innovation sector already shows the success of the program,” highlights Maximiliano Carlomagno from Innoscience, the innovation consultancy hired to support Ocyan Waves.

According to Rodrigo Lemos, director responsible for Ocyan Waves, the path of the program is always to seek experience and learning, regardless of the errors or successes and whether or not to proceed with the pilot presented by the startup. “What we saw only demonstrates how important synergy with the startups is. Engagement makes us think of solutions differently than initially defined, which will ensure a long life for Ocyan Waves,” concluded the executive.

If Ocyan decides to move forward with the startups, the effective application of the solution begins, hiring the startup as a supplier for Ocyan and the perspective for development for 2021.