InnoVenture – Engineering Leadership – Institute for Engineering Leadership http://ielstaging.net Wed, 14 Nov 2018 18:00:58 +0000 en-US hourly 1 https://wordpress.org/?v=4.4.16 InnoVenture Solutioning Workshop – Ideas for Ideas http://ielstaging.net/iv-2018-solutioning-workshop/ Sat, 15 Sep 2018 15:01:36 +0000 http://ielstaging.net/?p=8335 The post InnoVenture Solutioning Workshop – Ideas for Ideas appeared first on Engineering Leadership - Institute for Engineering Leadership.

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InnoVenture Customer Focus Workshop – Question, Question, Question http://ielstaging.net/innoventure-customer-focus-workshop-question-question-question/ Mon, 03 Sep 2018 05:10:32 +0000 http://ielstaging.net/?p=8068 The post InnoVenture Customer Focus Workshop – Question, Question, Question appeared first on Engineering Leadership - Institute for Engineering Leadership.

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InnoVenture 2018 Kickoff! @ E-Cubes http://ielstaging.net/innoventure-2018-kickoff-e-cubes/ Tue, 21 Aug 2018 07:45:53 +0000 http://ielstaging.net/?p=7947 The post InnoVenture 2018 Kickoff! @ E-Cubes appeared first on Engineering Leadership - Institute for Engineering Leadership.

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Spotlight on Justerra: Aligning containers hassle-free http://ielstaging.net/spotlight-justerra-article/ Tue, 17 Apr 2018 15:48:18 +0000 http://ielstaging.net/?p=7315 The post Spotlight on Justerra: Aligning containers hassle-free appeared first on Engineering Leadership - Institute for Engineering Leadership.

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InnoVenture 2017/2018 IDEALAUNCH http://ielstaging.net/innoventure-20172018-idealaunch/ Wed, 01 Nov 2017 07:56:02 +0000 http://ielstaging.net/?p=3870   InnoVenture 2017/2018 IdeaLaunch 1 Nov 2017 Phase 1 of InnoVenture cumulates at IdeaLaunch. All teams will pitch to a panel devised of the company representative and 2 other judges coming from industry/university. Selected teams will advance to the 2nd phase of InnoVenture and receive prototyping grants.    

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InnoVenture 2017/2018 IdeaLaunch
1 Nov 2017

Phase 1 of InnoVenture cumulates at IdeaLaunch. All teams will pitch to a panel devised of the company representative and 2 other judges coming from industry/university. Selected teams will advance to the 2nd phase of InnoVenture and receive prototyping grants.

 

 

SEE ALL INNOVENTURE EVENTS

GO! >>

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InnoVenture 2017/2018 How To Pitch Workshop http://ielstaging.net/innoventure-20172018-pitch-workshop/ Wed, 25 Oct 2017 07:55:12 +0000 http://ielstaging.net/?p=3867   InnoVenture 2017/2018 How To Pitch Workshop 25 Oct 2017 This workshop focuses on preparing the team for IdeaLaunch. Participants will learn the contents and process of a 7 minute pitch. Teams will be given the time to start on their pitches. The workshops are extremely hands-on as teams will be actively working together at the whiteboard while mentors are […]

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InnoVenture 2017/2018 How To Pitch Workshop
25 Oct 2017

This workshop focuses on preparing the team for IdeaLaunch. Participants will learn the contents and process of a 7 minute pitch. Teams will be given the time to start on their pitches. The workshops are extremely hands-on as teams will be actively working together at the whiteboard while mentors are readily available to help you.

 

 

SEE ALL INNOVENTURE EVENTS

GO! >>

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InnoVenture 2017/2018 Business Workshop http://ielstaging.net/innoventure-20172018-business-workshop/ Sat, 14 Oct 2017 07:53:24 +0000 http://ielstaging.net/?p=3865   InnoVenture 2017/2018 Business Workshop 14 Oct 2017 The Business Workshop picks up from the customer discovery and will focus on (financial) business concepts that are essential for successful product design. A product that merely adheres to the customer requirements, but is not within the financial means of the customer is a failed product. The workshop is extremely hands-on […]

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InnoVenture 2017/2018 Business Workshop
14 Oct 2017

The Business Workshop picks up from the customer discovery and will focus on (financial) business concepts that are essential for successful product design. A product that merely adheres to the customer requirements, but is not within the financial means of the customer is a failed product. The workshop is extremely hands-on as teams will be actively working together at the whiteboard while mentors are readily available to help you.

Participants will tackle business questions such as:

  • What price should I be charging for my solution?
  • What is the unit margin of my solution?
  • What is the market size for my solution? Is it scalable?

 

 

SEE ALL INNOVENTURE EVENTS

GO! >>

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Tackling Fatigue Detection for PSA Truck Drivers – An InnoVenture Team’s Success Story. http://ielstaging.net/tackling-fatigue-detection-psa-truck-drivers-innoventure-teams-success-story/ Wed, 20 Sep 2017 13:03:45 +0000 http://ielstaging.net/?p=4983       Tackling Fatigue Detection for PSA Truck Drivers An InnoVenture Team’s Success Story   By Chua Zhijie, Student Writer   PSA unboXed is PSA International’s corporate venture capital arm that invests in start-ups with innovations that bring strategic value to PSA. As their secondary mission is the cultivation of the next generation of entrepreneurs […]

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Tackling Fatigue Detection for PSA Truck Drivers

An InnoVenture Team’s Success Story

 

By Chua Zhijie, Student Writer

 

PSA unboXed is PSA International’s corporate venture capital arm that invests in start-ups with innovations that bring strategic value to PSA. As their secondary mission is the cultivation of the next generation of entrepreneurs by working with institutes of higher learning, they offered their office & co-working space as venue for the pitch. As one of the problem statement providers for InnoVenture 2016, PSA was interested in seeing the winning team pitch their solution. The panel consisted of Mr. Oh Bee Lock (PSA’s Head of Group Technology), 2 Managing Directors in charge of the terminals in Singapore, and several heads of departments who are vital in the continuation and realization of solution.

The invited team, Subtle Safety, is composed of Jaipal Singh and Christoph Zimmermann. Both Year 2 Material Science undergraduate students, Jaipal and Christoph signed up individually for the competition, attracted by the structure of the competition and challenging problem statements. The budding entrepreneurs hit it off very well after attending one of the InnoVenture Bootcamps and hence decided to embark on a shared InnoVenture journey – they have never looked back since.

PSA’s terminals in Singapore run 24/7 and port workers have to cope with 8-12 hour shifts. Many port workers have jobs that are physically demanding and require mental focus . For example, truck drivers complete thousands of trips every day in Singapore’s port alone to ensure a smooth flow of containers to destinations worldwide. Mental alertness is critical to do a job well and to respond quickly in any circumstance. PSA is keen to explore systems that would detect and warn truck drivers and fleet managers of signs of fatigue, so that steps can be taken before mishaps occur. Avoiding accidents reduces the costs incurred and improves the overall efficiency of the company.

The team pitched their solution clearly outlining the problem, how their solution would differentiate itself from competitors in terms of technology and value, the product development timeline, and most importantly the market size and relevance for PSA. What impressed the panel most was the team’s analysis and subsequent rephrasing of the problem statement. Rather than focus on symptoms of fatigue in drivers, the team focused on “irregular driving patterns” which they could pick up with various sensors for the driver and the truck. Based on the data gathered, a more accurate analysis as to the cause and recommendations to prevent reoccurrences can be made. A driver falling asleep, being distracted, drunk, or a truck with a punctured tire will show similar irregularities, but they are definitely not the same! The team further impressed the panel by showcasing a self-made truck cabin simulator in which they can test their solution.

Being impressed by the team’s creativity, perseverance and enthusiasm for solving the problem, and appreciating that the team’s lab-scale prototype would need further validation on technological feasibility and business viability, PSA offered the team the opportunity for incubation through their PSA unboXed’s Technology Incubator Program! The program includes use of PSA unboXed facilities (workspace and mentors), access to port resources (truck drivers and equipment) and as well as S$50,000 in funding to continue the project.

The team has accepted the offer and is excited and eager to take their solution forward and apply their solution in a live port environment. Congratulations to Subtle Safety!

 

InnoVenture

InnoVenture, the annual technopreneurship competition of the Faculty of Engineering at the National University of Singapore, challenges students to solve real engineering problems faced by real companies (www.innoventure.com.sg). Students from all faculties and graduate levels are allowed to participate in the  competition. They are guided through the process of creating successful products and potentially companies in hands-on experiential learning workshops and one-on-one mentor sessions. The process and methodology focuses on demonstrating solutions that are Customer Desirable, Technologically Feasible and Business Viable.

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InnoVenture 2017/2018 Design Workshop http://ielstaging.net/innoventure-20172018-design-workshop/ Sat, 16 Sep 2017 07:51:18 +0000 http://ielstaging.net/?p=3861   InnoVenture 2017/2018 Design Workshop 16 Sept 2017 Following on from the Maker Workshop, we encourage you to attend the Design Workshop intended to help you brainstorm and start tinkering with solutions for the problem statements. Specific technical and industry mentors will also be available so that you can actually get designing on the spot!   […]

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InnoVenture 2017/2018 Design Workshop
16 Sept 2017

Following on from the Maker Workshop, we encourage you to attend the Design Workshop intended to help you brainstorm and start tinkering with solutions for the problem statements. Specific technical and industry mentors will also be available so that you can actually get designing on the spot!

 

 

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InnoVenture 2017/2018 Maker Workshop http://ielstaging.net/innoventure-20172018-maker-workshop/ Sat, 09 Sep 2017 00:01:59 +0000 http://ielstaging.net/?p=3629   InnoVenture 2017/2018 Maker Workshop 9 Sept 2017 Everyone can be a maker! The Maker Workshop aims to teach students how and when to use particular machinery and prototyping techniques. You will participate in hands-on workshops on 3D printing, wood working, creative drawing, Arduino etc. Learn the skills, practice them on the spot and apply […]

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InnoVenture 2017/2018 Maker Workshop
9 Sept 2017

Everyone can be a maker! The Maker Workshop aims to teach students how and when to use particular machinery and prototyping techniques. You will participate in hands-on workshops on 3D printing, wood working, creative drawing, Arduino etc. Learn the skills, practice them on the spot and apply them in your solutioning!

Furthermore, we will introduce the problem statements and provide you with simple frameworks that will help you to analyze the problem better from a customer perspective.

 

 

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