What is Hy.OpenInnovation ?

Hypios Hy.OpenInnovation combines crowd-sourcing, discovery technology and human outreach to deliver an optimal open problem-solving service. Through this service, “Seekers” post challenges on the Hypios website, select a deadline and a monetary prize for successful “Solve(s).” Hypios CI, draws from a network of over 950,000 experts across the world and has been solving hundreds of complex challenges for a variety of companies ranging from start-ups to large global Fortune 2000 companies.

Step 1: You submit your challenge(s) to Hy.OpenInnovation

With the help of one of our consulting partners (click here), you solidify the challenge(s) you would like to be solved. Our partners help you formulate the challenge, set a reward prize and a deadline. The anonymized challenge is then posted on the Hy.OpenInnovation solving platform. Your company’s identity remains confidential during the entire process, from challenge posting to solution acquisition.

Step 2: Hypios CI identifies key specialists

Using our powerful semantic analysis software, Hypios CI creates a conceptual graph of the problem to extract and suggest relevant keywords. These keywords are then used by our marketing team to search the web using a search engine that identifies potential experts. From a database of approximately 1 million solvers, the candidates that match the problem’s prerequisites are invited by our Solver Relations team to develop and submit solutions.

Step 3: Hypios CI maximizes resolution probability

During the submission period, solvers may ask us to clarify aspects of the challenge. Hypios CI works as an intermediary for all communication between Seekers and Solvers, but Seekers can make public updates to their problem to reflect the feedback they get from Solvers. Over this period, a dedicated Hypios CI team works with solvers to enhance the quality of solutions, and “narrowcast” the problem to more specialists if not enough valid solutions have been submitted.

Step 4: You choose the solution(s) that best fit(s) your needs

Your team reviews the solutions. You are under no obligation to purchase one (or more) solutions if they do not meet your requirements. If you choose one (or more) winning solution(s), your company acquires the copyright of the solution and the Solver(s) is/are paid accordingly.

Find out more!

For further information on Hypios products and services, or to launch an open-problem solving campaign to accelerate and expand your innovation process, please register and contact us. A representative will guide you through the process and answer any questions you may have.