Open innovation is a new relationship model for companies with external agents (universities, startups, research centres, other companies in the same or another industry…) which promotes collaboration and the exchange of ideas.
Endesa has adopted this open model to find high-quality ideas that enable us to grow. We have entered this new culture with the purpose of developing innovative ideas capable of transforming the current energy model.
How do we apply open innovation at Endesa?
In recent years, we have opened various channels to promote communication and partnership with start-ups and entrepreneurs.
One of the most recent initiatives is opening of the Enel Innovation Hub Madrid, the sixth Enel innovation centre in the world. These centres are created as a result of the company’s desire to innovate in the world of energy and its desire to achieve its environmental goals by working with the best and brightest emerging companies.
The Enel Innovation Hub Madrid aims to create a network of knowledge, ideas and business opportunities, to work hand-in-hand with emerging European companies (especially in Spain and Portugal) and to promote those with a greater relevance and impact as regards the group’s strategy. It is located in The Cube, a space created by and for entrepreneurs specialising in the Internet of Things (IoT), which will be one of the main areas of this new initiative of the group.
On the other hand, we participate in initiatives and events to promote innovation and support for entrepreneurs, such as the South Summit – the largest entrepreneurial exhibition in Southern Europe - or the European accelerator INCENSe – dedicated to promoting innovation and the use of advanced technology.
Open Innovability, the digital door, open to sustainable innovation
With the aim of promoting a culture of innovation inside and outside of the Enel Group, the Open Innovability platform was created, where both employees and startups, independent innovators, universities and research centres, enterprises, NGOs and associations can propose innovative and sustainable ideas or projects that seek to address a number of challenges for the future of the company.
The project is divided into two parts: ‘Challenges’ and ‘I have a Project’. The former focuses on the search for ideas designed to address the business’ requirements. The latter accepts all forms of initiatives, even if these do not coincide with any of the active “challenges” at that time.
The energy of the new generations
At Endesa we never forget the new generations. We collaborate with PANGEA, the world’s largest young talent platform and we have joined the PANGEA A Team, a programme designed to resolve problems within the energy sector with the collaboration of young innovative minds.
We also want children to get involved, which is why we held the Hackateen, a competition aimed at introducing children to the different disciplines related to robotics, programming and 3D printing.