maxine smith 19 may v final
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Smart Meter, Smart Homes Competition BriefingTRANSCRIPT
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Driving Innovation
Applicants Optional BriefingLondon – 19 May 2010
Maxine SmithTechnology Strategy Board – Operations Manager – CR&D Competitions
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Driving Innovation
Health and Safety
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Driving Innovation
All presentations will be available on the innovate website
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Driving Innovation
You should, with confidence and knowledge, be able to:
• Understand the scope and objectives of the competition
• Understand the two different competition options
• Understand the competition process and criteria
• Make a competent application submission
• Be clear on the timelines & deadlines
By the end of the day
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Driving Innovation
Technology Strategy Board Activities...
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Driving Innovation
Our vision...
for the UK to be a global leader in innovation and a
magnet for innovative businesses, where
technology is applied rapidly, effectively, and
sustainably, to create wealth and
enhance quality of life.
To deliver, partnership is key
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Driving Innovation
A national body supporting business innovation
for business benefit
for economic growth
for quality of life
The Technology Strategy Board is…
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Driving Innovation
Who we are as an organisation…• An arm’s length executive body guided by business-led Governing
Board
• Sponsored by the Department for Business, Innovation and Skills (BIS)
• We work across government in partnership with the research councils, regional development agencies and the devolved administrations
• Focused on business innovation and the application of technology
• Staff of around 120 based in Swindon
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Driving Innovation
Our strategy
www.innovateuk.org/ourstrategy/connectandcatalyse
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Driving Innovation
What are we funding?• Over a 1000 Business-focused R&D Consortia• Usually Business led• 3000 business partnerships • 826 academic partnerships – 98 HEIs• £540m invested – of total £ 1,200m
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Driving Innovation
£1 billion investment over 3 years
The innovation climate
Challenge-led innovation
Technology-inspiredinnovation
2008-9
2010-11
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Driving Innovation
Competition Process
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Driving Innovation
TSB Strategic Criteria• Does the UK have the capability?
Significant research capability/capacity to exploit opportunities,
• Is the idea “ready”? Clear opportunity to which this is a timely response. Speed progress towards more sustainable economic growth.
• Is there a large market opportunity? What is the size of the global market opportunity? Will it create added value in the UK, taking into account the global market
potential?
• Can the Technology Strategy Board make a difference? Can we add value? Will our investment promote sustainability and quality of life?
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Driving Innovation
The “Ideal Project”• A clear commercial opportunity to open up or exploit a
significant growth market.• A technical challenge that requires the creation of an
industrially driven consortium and innovative and risky research and development to solve.
• A realistic project with deliverables and applications that are innovative, commercially exploitable and of wider benefit.
• A demonstrable need for support.
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Driving Innovation
BAS APP EXP
Market readiness
ResearchCouncils
Commercial InvestmentVenture Capital
TSB and its co-funders funding
Blue sky
Feasibility
Technology Demo
System Dev.
System Qual.
Technology Development
Prod. Prototype
Commercialisation
Types of Project
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Driving Innovation
Application process
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Driving Innovation
All applications are assessed by independent reviewers drawn from industry and academia
Application Assessment
What do they look for?
•Clear and concise answers•The right amount of information – don’t give too much detail or making assumptions •Quantification and justification where required•That you’re the right people with the right bright idea and the means to exploit its potential
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Driving Innovation
Gateway Review Process Does the application pass the Scope Gateway question?
YesProceed to review process...
No
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Driving Innovation
Application criteriaThe criteria is broken down into 4 sections:
Gateway: Scope• Is the project fully aligned to the scope?
Section One: Business Proposition• Business opportunity• Market opportunity• Exploitation & dissemination• Sustainability benefits
Section Two: Project details :• Technical approach• Innovation• Risks• Skills & experience of consortium
Section Three: Value Add• Financial commitment required?• Why should the Technology Strategy Board fund the project?
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Driving Innovation
Very important document – cannot proceed through the competition without it – each section has specific relevance – it is not words for words sake.
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Driving Innovation
Abstract of proposed project
Key Points:• Opportunity for publicity and show casing for successful applicants.• Must be de-sensitised – no exposure to Intellectual Property
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Driving Innovation
Scope Gateway
Key Points:• “must align”• “clear
majority of the projects objectives and activities”
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Driving Innovation
All questions are equally weighted
Section 1:
The Business PropositionQuestion 1 What is the business opportunity that this project
addresses?
Question 2 What is the size of the market opportunity that this project might open up?
Question 3 How will the results of the project be exploited and disseminated?
Question 4 What economic, social and environmental benefits are the project expected to deliver to those inside and outside of the consortium and over what timescale?
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Driving Innovation
Key Points:• What are the
business opportunities?
• What is the clinical need the project will fulfil?
• Evidence of potential competitors.
Question 1: Business Opportunity
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Driving Innovation
Key Points:• “size of
the market” requires quantification and if possible, evidence
• Describe the potential return numerically too.
Question 2: Market Size
“If no-one in the consortium knows the market, you haven’t got the right consortium!”
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Driving Innovation
Key Points:• What is the project expecting to produce or achieve?• How do you plan to exploit the results?• If the intended outputs are sustainability based, what are they and how will the
benefits be achieved?
Question 3: Exploitation and Dissemination
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Driving Innovation
Key Points:• Must be able to identify the triple bottom line (Economic, Social and
Environmental benefits.• Who else will benefit from the project and how?• Will there be any social or environmental impacts? If these are negative how will
they be mitigated?
Question 4: Sustainability and Wider Benefits
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Driving Innovation
All questions are equally weighted
Section 2:
The Project DetailsQuestion 5 What technical approach will be adopted and how will
the project be managed?
Question 6 What is innovative about the project?
Question 7 What are the risks (technical, commercial and environmental) to project success? What is the project’s risk management strategy?
Question 8 Does the consortium have the right skills and experience and access to facilities to deliver the intended benefits?
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Driving Innovation
Key Points:• A range of considerations the reviewers will apply to this section.• Describe the main technical objectives and the basic work plan?• Is the technical and methodological approach appropriate?• Will it fly?• Identify and expand on key milestones
Question 5: Technical Approach
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Driving Innovation
Key Points:• “both commercial and scientific innovations”• “Evidence” such as patent search• Impact on Trusted Services environment?
The UK Intellectual Property Office says 80% of published patents are lapsed and estimates that 30% of European R&D expenditure is wasted!
Question 6: Innovation
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Driving Innovation
Key Points:• Must address all risks technical, commercial and environmental.• Rate the main risks: high / medium / low• How will the risks be managed / mitigated? Is there a ‘show-stopper’? • Key project management tools to provide control and confidence.
Question 7: Risk
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Driving Innovation
Key Points:• Describe the team you have created to carry out the project and exploit the
results.• If there are gaps in the consortium, say so and how you intend to fill them
before the main application deadline
Question 8: Consortia
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Driving Innovation
All questions are equally weighted
Section 3:
Funding and Added ValueQuestion 9 What is the financial commitment required for
the project?Question 10 How does the financial support from the
Technology Strategy Board and its funding partners add value?
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Driving Innovation
Key Points:• Explain the funding model for the project and how the money will be spent.• If the project spans more than one type, explain the reasoning behind this
decision. Do not just write out the finance table!
Question 9: Financial Commitment
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Driving Innovation
Funding Thresholds
• Academic costs are based on 80% FEC and must be submitted through Je-S
• SMEs can received up to 60% of their cost in grant however the total project cannot exceed 50% (for applied research)
• Projects can span more than one type, calculate the grant on a work package by work package basis.
• The exact spread of grant between partners is up to the consortium to agreement
Science to Business Business to Business
Basic Research 75% 50%
Applied Research 50% 50%
Experimental Research 25% 25%
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Driving Innovation
Question 10: Value Add
Key Points:• “will increase the amount of money”• “why not funding the project themselves”• “how undertake the project differently”• “why beneficial to the UK”• What are the implications of the TSB funding – the so what question… if
you will be able to undertake the project quicker – so what? What does that actually mean to the project , idea and exploitation.
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Driving Innovation
Appendix – Trusted Services ONLYOne Appendix provided
Up to 4 sides of A4 – word doc
Research content – specific questions Summary – describe the proposed research (1 side A4) Objectives – list the main objectives (1 side A4) Methods to address objectives (1 side A4) Pathways to Impact (1 side A4)
HEI provide to lead applicant must upload with main submission
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Driving Innovation
Finance & Funding Rules
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Driving Innovation
Finance Guide
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Driving Innovation
Competitions Overview – Trusted Services• Mainstream CR&D projects
– Minimum of £150k total cost. – 50% grant support expected - industry led consortia– 12 – 36 months – project duration
• Total Project Cost funded up to 25 - 50% (robust case for 75%)
• Grants – – SMEs up to 60%– Large business up to 50%
• Academic costs based on 100% FEC (80%)
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Driving Innovation
Worked example – mainstream CRD
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Driving Innovation
Competitions Overview – Trusted Services• Fast Track
– Up to £150k total cost. – 75 - 25% grant support, industry led consortia – can span
across BAS, APP and EXP levels– 12 months project duration
• Total Project Cost funded between 50% - 25%• Grants –
– SMEs up to 60%– Large business up to 50%
• Academic costs based on 100% FEC (80%)
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Driving Innovation
Worked example – Fast-track CRD
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Driving Innovation
Competitions Overview – Smart Meters, Smart Homes• CR&D projects
– Anticipated at £400k - £2m total project cost– Industry led consortia– MUST complete by end March 2011 – project duration
• Total Project Cost funded at 50%• Grants –
– SMEs up to 60%– Large business up to 50%
• Academic costs based on 100% FEC (80%)
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Driving Innovation
Worked example – mainstream CRD
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Driving Innovation
Collaborative Research & Development• 75% for Basic Research projects,• 50% for Applied Research projects,• 25% for Experimental development projects. • Business to Business projects (50%, 50%, 25%),• Projects can span more than one type, calculate the grant on a work
package by work package basis.
Additional constraints:-– Academic costs are based on 80% FEC– No Industrial partner can receive more than 50% of their costs in grant (SMEs
can receive 60% but at the same total project rates above)– The exact spread of grant between partners is up to the consortium to agree– Each participant must take at least 10% of their eligible total cost in grant
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Driving Innovation
What is collaboration?
For Collaborative R&D:• For two partners - one must undertake at least
30% of the work (in terms of eligible cost).
• For more that two partners then any one partner cannot carry out more than 70% of the work (in terms of eligible costs).
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Driving Innovation
What does this mean for the grant?
The share of the grant can be determined by agreement between the partners subject to the following criteria:
• The project must be business led i.e. the lead partner must be a business/industry partner.
• The project must be business driven i.e. the industry partners must together receive at least 20% of the grant.
• Each industry partner must receive at least 10% grant against their eligible cost
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Driving Innovation
Grant Distribution (S2B projects)• Calculate total project costs (sum of costs of all partners)
• Calculate the maximum grant available; 75, 50, or 25% of total project costs depending on project type)
• Grant available is divided between partners
• Division of grant is agreed by consortium, but usually the academic partners require a 100% grant
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Driving Innovation
APPS2B Example• Academic 1 has ‘80% FEC figure’ of £100,000
• Academic 2 has 80% FEC figure’ of £50,000
• Company 1 has project costs of £300,000
• Company 2 has project costs of £200,000
• Total project costs for consortium of £650,000
• Total grant available to consortium £325,000 (50%)
• Academics receive 100% funding, £150,000 in total
• £175,000 grant remains for companies
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Driving Innovation
S2B Example continued• £175,000 can be divided between the two companies in various ways, but
no partner can receive >50% grant, e.g. • Both companies receive same percentage grant:
company 1 receives £105,000 (35% of their total costs)company 2 receives £70,000 (35% of their total costs)
OR• Companies receive different percentage grants:
company 1 receives £150,000 (50% of their total costs)company 2 receives £25,000 (12.5% of their total costs)
OR• Companies receive different percentage grants:
company 1 receives £55,000 (18% of their total costs)company 2 (SME) receives £120,000 (60% of their total costs)
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Driving Innovation
Eligible Costs (Industry Partners)• Labour Costs• Overheads• Materials• New Capital Equipment• Existing Capital Equipment Depreciation• Sub-Contracts• Travel & Subsistence• Other Costs
– Other eligible direct costs not included in the above headings
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Driving Innovation
The top 3 financial issues:A. Overhead rates – too high, not justified, containing illegal
items such as sales and marketing expenses, audit costs, etc.
B. Academic 20% - the difference between FEC and the Grant available total generated by Je-S is not a contribution from the academic partner
C. Software licences supplied by from project partners or collaborators within the project should be priced at the actual cost of supplying the software and not at the normal or even discounted commercial licence rate
Financial Issues
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Driving Innovation
A note on Project Management• It is up to the project to develop and implement a sound project
management system.• Implications of project management
– Ensure that you have identified a suitably experienced individual to act as project manager
– Ensure that you have provided them with sufficient time to carry out the role, for example:
• A typical 3 year £1m project with 5 partners will need an experienced project manager with 50% FTE available to run the project. (~350 days!)
– Include this resource in the labour costs of the lead partner.
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Driving Innovation
Eligible as overhead Additional Costs incurred when you
employ someone.
Board & senior management – where they are not productive / fee earning and are not included as individuals in the direct Labour costs
Admin and support staff – where not included in direct labour costs
Recruitment costs
General supplies and IT – not linked to production or service delivery
Corporate fees and expenses – auditing, IPR maintenance, insurance, photocopying
Site expenses – building rental, taxes, security and cleaning
Utilities – careful not to include production equipment energy or supply costs
Ineligible as overhead
Costs involved in satisfying customers and those that are being claimed as a
direct cost to the project.
Production or service delivery costs – any costs associated with the way in which the company makes it’s money. This would include all items used to calculate gross margin and cost of sale.
Marketing and Sales Costs – these again count in the cost of sales
Non-bookable R&D time – non productive time or non-chargeable time of technical or support personnel
Entertainment and Hospitality
New IP protection costs
Any headings that are being charged for directly within the project – such as training, T&S
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Driving Innovation
Ineligible Costs• Input or Output VAT• Interest charges, bad debts, profits, advertising, entertainment• Hire purchase interest and associated service charges• Profit earned by a subsidiary or by an associate undertaking work sub-
contracted out under the project• Inflation and contingency allowances expressed as an overall arbitrary
percentage• The value of existing assets such as IPR, data, software and other
exploitable assets that are contributed to the project by any collaborator• Project Audit Fees
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Driving Innovation
Grant Claims & Payments• All grants are claimable quarterly in arrears• Claims can only be made for costs incurred and defrayed between the
project start and end dates• All claims will eventually be subject to an independent audit (including all
academic partners)• In most cases audits are required with the first and last claim• Claims are only paid once quarterly reporting and necessary audits are
complete.
• All projects are monitored on a quarterly basis including a visit from the appointed Monitoring Officer
• The monitoring will be carried out against a detailed project plan
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Driving Innovation
Finance review• Single stage projects - applicants can submit finance summary
to the Technology Strategy Board for review up to noon.
• We cannot review value for money as that is down to the assessors.
• Mainstream collaborative R&D applicants will have this opportunity at the full stage only
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Driving Innovation
Academic Costs
& JeS Form
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Driving Innovation
Eligible Costs (Academic Partners)• Eligible costs are based on
FEC calculation• RC Contribution is the total
eligible cost of academic partners.
• The 20% difference between this and the FEC total DOES NOT represent a contribution to the project and should not be included anywhere within the application.
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Driving Innovation
• The Research Councils Joint Electronic Submission System is being used to collect ALL academic finance forms, also to collect project finance details from non-HEIs (e.g. RTOs) that are claiming they are carrying out academic quality work and want to be funded on an FEC basis.
• The Je-S system automates the collection of Full Economic Costs (FEC) based costs from academic partners and tells them exactly what numbers should be used in the application form for their costs.
• Using Je-S enables Research Councils to consider co-funding of Technology Programme projects
Why Je-S?
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Driving Innovation
Using the RCs Joint Electronic Submissions System (Je-S)
• Each Academic Partner must complete a separate Grant Proposal form via the Je-S system.
• Notify your research office early to avoid delays.
• Ensure it is submitted by deadlines stipulated – noting they are earlier than the Technology Strategy Board main competition deadline.
https://je-s.rcuk.ac.uk
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Driving Innovation
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Driving Innovation
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Driving Innovation
The lead partner is provided with this number when the Technology Strategy Board application form is obtained. The HEI will be required to input this number onto the online Je-S proposal form in the Project Details section currently under Your Reference
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Driving Innovation
Key Points:• Each academic
organisation completes their own form
• The title must match the application form
• Select the appropriate competition
• The start date and duration should match the application form
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Driving Innovation
Key Points:• Only enter Investigators for this organisation
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Driving Innovation
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Driving Innovation
Transferring to Finance Form
Key Points:• Send this data to the lead applicant for inclusion in
the main application form – together with you Je-S reference number (must have submitted to Council)
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Driving Innovation
• Pathways to Impact (Two sides A4 maximum font size 10 Arial)
• Justification of Resources (Two sides of A4 maximum font size 10 Arial)
• CVs (up to 2 sides of A4 font size 10 Arial minimum margin of 2cm in all directions)
• Quotes for Equipment (all equipment over £25k incl. VAT – 3 quotes required)
Je-S attachments
• Must have the T.SB application number
• Must have the Je-S submission number
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Driving Innovation
P.I.
Research OfficeHoD
Je-SAcceptance
R.O Submission to meet deadline
Submitter Pool
Technology Strategy Board
Submission
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Driving Innovation
Je-S / TSB submission requirements
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Driving Innovation
if TSB Funded:1 Grant paid quarterly in arrears through Lead partner.2 Normal quarterly reporting to the Monitoring Officer and
financial disclosure to the project Leader
if RC Funded:1 Grant paid each quarter over period of proposal.2 Index linking automatically applied.3 3.5% withheld until receipt of Financial Expenditure
Statement and Final Report.4 Final Report subject to Peer Review and ranking
published.5 Normal quarterly reporting to the Monitoring Officer and
financial disclosure to the project Leader
Academic Claims and monitoring
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Driving Innovation
Je-S Help• E-mail: [email protected] • Phone: +44 (0) 1793 44 4164* • Staffed Monday to Friday 9am - 5pm UK time
(excluding Bank holidays and other holidays) • Out of hours: leave a Voice Mail message • https://uat.je-s.rcuk.ac.uk/jesHandBook/jesHelp.asp
x?m=s&s=743
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Driving Innovation
IT
Joe Maguire
Operations Manager - Competitions
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Driving Innovation
Your competition page
Competition Brief
Register to receive other documents
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Driving Innovation
Competition email
From: TSB Competitions Sent: 28 April 2010 12:59To: ‘[email protected]'Subject: User log in details for 1003_FT1_MED_DT Regenerative Medicine Programme (RMP) Developing Therapeutics (DT) Fast-track (FT) Hello XxxxPlease find your log in details below:- https://tsbcomnn.ftpstream.com Please copy the address and paste it into your browser address bar User name = applicant99999 Password = A5GyuBpj You will be asked to change your password on your first log in
Many thanks The competitions team at the Technology Strategy Board
Unique application will be attached
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Driving Innovation
Competition Documents
Upload
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Driving Innovation
Competition Entry InstructionsBeginning the process
1. If you do intend to make an application, you must first register for the competition. You will need to register separately for each differentiated application you wish to make.
2. You will receive an email with your username and password along with a link to the secure upload area. This email will also contain your application form with unique application number.
3. Please allow yourself at least 24 hours before the competition deadline. Any later than that and we cannot guarantee turnaround, in time to allow you to upload your application.
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Driving Innovation
Competition Entry InstructionsGeneral NotesYou will be uploading either:
1. a document on which you wish to receive feedback - DRAFT
2. your completed application &/or finance form(possibly with appendices) - FINAL
Therefore please ensure that:
a) your file is named as instructed:a) Documents in an optional review period and for review must begin with DRAFTb) Your fully completed submission documents must begin with FINALc) Any requested appendices begin with APPENDIX
b) the application form is of the correct format: it should be a 97-2003 Word file (.doc) and not a later version (.docx)
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Driving InnovationThe public area holds generic documents and full instructions on the use of the site. Click to download.
To access your personal space, click on the login tab
Press to login to your secure areaCheck the competition name !
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Driving Innovation
Enter your login details and click the check box to accept the terms and conditions. Click the login button at the bottom
If this is your first login, you will be required to change your password. This must be at least 8 characters long
You will need to tick the T&C’s Box each time you enter the site.
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Driving InnovationYou will see a list of files that exist in the folder (if any)
Click the upload tab to open the file upload application
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Driving Innovation Click Select Files to show the file browser
Select Your file and click Open
Files waiting to be uploaded will be shown with a pending status Click Start Upload to upload the
file(s)
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Driving Innovation Once uploaded, the files will appear in the list.
satisfy yourself that your submission has the right name and file type/size.
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Driving Innovation
Offer Letter & Collaboration Agreement
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Driving Innovation
Offer Letter
• A conditional offer• One month of the date of the offer letter• Signed declaration at the end of the letter duly signed and
completed by the Lead Participant• Signed copies of the attached declarations by all of the other
Participants
Remember….• Must be returned within 30 days of issue.
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Driving Innovation
Collaboration Agreement• A copy must be provided within 30 days of the offer
letter issue for both competitions.• The original agreement signed by all participants to
be returned with the signed Grant Offer Letter• A financial forecast for each Participant showing the
anticipated spend of the project broken down by quarters throughout the life of the Project
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Driving Innovation
Key Dates and Deadlines – Network Security – mainstream CR&D - EOI
• 10 May – Competition opens• Register – obtain application form and TSB
Application Number• HEIs – Research Office notification – immediate• 8 July – EOI close
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Driving Innovation
Key Dates and Deadlines – Network Security – Fast-track - all rounds
•Round OneCompetition Opens – 10 May 2010Competition Closes – 17 June 2010 (Je-S application submission closes 10 June 2010)
•Round TwoCompetition Opens – 5 July 2010Competition Closes – 29 July 2010 (Je-S application submission closes 27 July 2010)
•Round ThreeCompetition Opens – 16 August 2010Competition Closes – 8 September 2010 (Je-S application submission closes 2 September 2010)
Register for application form and TSB application numberHEI notifications for Je-S submissionOptional Finance ReviewJe-S submissions to lead applicantCompetition close and final submissions
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Driving Innovation
Key Dates and Deadlines – Integrating smart meters into smart homes
• 19 May – Competition opens• Register – obtain application form and TSB
Application Number• HEIs – Research Office notification – immediate• 17 June – Optional finance review• 8 July – Competition close• 31 March 2011 – Projects MUST complete
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Driving Innovation
• Read the literature, Guidance for Applicants and Finance Guide• Get the right people together – it must be a true collaboration! • Understand your ultimate Market – if you don’t know the
market you don’t have the right people in your project!• Complete the application forms as instructed • Check the deadlines – all deadlines are 12 noon unless
otherwise specified• And finally...... Talk to the Technology Strategy Board, we’re
here to help!
Technology Strategy BoardDriving Innovation
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Driving Innovation
C.O.M.P.E.T.E.• Collate• Organise • Manage• Partners• Evaluate• Time sensitive• Enter
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Driving Innovation
Questions?
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Driving Innovation
Break – out groups
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Driving Innovation
Trusted Services
COMPETITION FOR COLLABORATIVE R&Dand FAST-TRACK FUNDING
Briefing event, 19th May 2010
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Driving Innovation
Competition Background
Andrew Tyrer, Leader Network Security Innovation Platform
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Driving Innovation
Trusted Services
Why are we doing this?
We have the ability to drive innovation in this area to:
•Create Wealth for UK Companies
•Encourage collaboration and Knowledge Transfer
•Accelerate solutions to a societal challenge
•Link Business to Business, Academia & Government
•Provide Sustainable solutions
•Add Value to the market for Trusted Services
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Driving Innovation
Trusted Services
Who are we working with?
•Research Councils (Digital Economy)
•ESRC and EPSRC
•Directgov
•NHS Choices and Business Link
•OGD’s
•YOU
•Business and Academia
•Directly and via KTN’s
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Driving Innovation
Trusted Services
What is Trust?
1. Firm reliance on the integrity, ability, or character of a person or thing.2. Custody; care.3. Something committed into the care of another; charge.4. a. The condition and resulting obligation of having confidence placed in one: a public trust.b. One in which confidence is placed.5. Reliance on something in the future; hope.6. Reliance on the intention and ability of a purchaser to pay in the future; credit.
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Driving Innovation
The value of the TSB competition to the UK
The pace of change is rapid:– New technologies, devices & channels– New social behaviours– New forms of fraud
Fraud – and the fear of fraud – deters people from using new technologies
In the physical world we have some basis for establishing trust
We need to establish ‘trust infrastructures’ that gives people confidence to use electronic transactions
Trusted Services
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Driving Innovation
Establishing trust with another party online is a problem common to all
• Security mechanisms must be simple but secure
• Customers want to use something they already have to hand at the point of need
• We don’t want to increase the number of user names and passwords that internet users have – and we’d like to reduce them.
• The customer needs help to establish a digital identity
• Organisations with a regular and on-going relationship with a customer are better placed to help the customer to detect fraud
Trusted Services
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Driving Innovation
Solutions must be based around the needs of the customer
• Choice of digital ‘channel’ – one size does not fit all• ‘Assisted’ self service – most people need help• Privacy and data protection – increasingly important• Multi-channel – customers do not use one channel exclusively • Convenience – how much is convenience worth?• Restitution – who will assist the customer when things (inevitably) go
wrong• Standards – what should customers expect?• Costs – who should bear them?• Benefits – to whom do the benefits accrue?
Trusted Services
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Driving Innovation
Competition Scope
Paul Lewis, Lead Technologist, Network Security Innovation Platform
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Driving Innovation
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Driving Innovation
Competition Scope
This competition will address :
•Development of trusted and trustworthy products, services and architectures.• Implementation (Proof of Concept stage) of developed ideas.• System integration of ‘existing’ security technologies in new and innovative ways.• Specific interest in understanding human trust models and interaction.
Remember we are looking 5-7 years into the future, not next week.
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Driving Innovation
7
6
5
4
3
2
1
Key trends impacting Information Security to 2020
5
Infrastructure revolution
Data explosion
An always-on, always-connected world
Future Finance
Tougher Regulation and Standards
Multiple Internets
New Identity and Trust Models
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Driving Innovation
For example…
Increase understanding and improved management of trusted and trustworthy digital systems.
•How do we establish and preserve digital trust relationships.
•What are the next generation reputation systems.
•Location based authentication and verification in a cyber domain.
•User centric design needs to be included as a lot of problems occur because of poorly designed interfaces.
•Architectural step changes (Security as a services, cloud computing etc)
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Driving Innovation
And…
Form new or expand existing ‘trust’ business models and acceleration to market.
•What are the cognitive choice and consumer behaviour models applicable to this area.
•Can we Integrate existent privacy and trusted computing technologies.
•Any learning from safety and high integrity engineering.
•Supply chain (or networks) of assurance.
•Safe. dependable and trustworthy systems is the goal.
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Driving Innovation
Also…
Project partners are also welcome who bring ‘real-world’ testbeds which could be used for testing complex trust scenarios.
We encourage innovative projects building on the supporting research or transfer of techniques from other domains such as psychology, economics, mathematics,sociology, financial risk modelling, consumer complexity, and sales and marketing.
Address a real world challenge…..
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Driving Innovation
In Scope…
•Biometrics.•Identity and Access Management.•Public Key Infrastructures.•Client Access (NAC & NAP).•RFID / Smart Cards.•Trusted platform module (TPM).•Next generation cryptography.•Data Leakage Protection.•Unified threat management.
Yes these are in scope, however all must be part of a bigger integrated system not just point solutions….
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Driving Innovation
_Connect Portal A portal has been set up to help you collaborate
https://ktn.innovateuk.org/web/trusted-services
It contains
• All information from previous events •A facility to meet other collaborators•Links to further events and information
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Driving Innovation
Finally… The following collaboration workshops are scheduled:
1. Bristol – 25th May2. London – 27th May 3. Barnsley – 3rd June4. Edinburgh – 10th June
Please email - [email protected]
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Driving Innovation
Integrating Smart Meters into systems for Smart Homes
Graham Hitchen [email protected]
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Driving Innovation
Background – Smart Meters, Smart Homes
• 80% reduction in carbon emissions by 2050
• 15% of energy from renewable sources by 2020
• Roll-out of Smart Meters into every home by the end of 2020
• Broadband in every home by 2012
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Driving Innovation
• Follows standard Technology Strategy Board process for collaborative call– Competitive process– Projects must have at least two partners – at least one company– Lead partner must be a company
• £4.5m Technology Strategy Board funding• 50% match funding required – therefore total funding approx. £9m
Integrating Smart Metersinto systems for Smart Homes
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Driving Innovation
Informal briefings
Prepare Full Application
Assessment Contract negotiation
Project delivery
May
8 JulyFormal opening 19 May
Process for Smart Meters, Smart Homes Competition
June Sept-Mar
31 March 2010
July/Aug
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Driving Innovation
Challenges• Shifting demand-supply patterns and
diversifying value chain• Suppliers becoming service providers, and
new entrants into market• Untested technology-based solutions• Uncertain business models• Unknown changes in consumer behaviour
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Driving Innovation
Competition scope
Applications invited that:
• develop and trial new business propositions for how a smart meter can be integrated with communications into a system within the home in a way which will impact on the demand for and usage of energy
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Driving Innovation
Competition scope Applications invited that involve:• testing new ways of integrating technologies
and devices
• facilitate and/or accelerate the development of new supply chain relationships in a domestic setting
• help to understand the way in which consumer demand for energy might change in the light of the integration of smart home technologies.
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Driving Innovation
Might include, for example• Integration of all white goods into a home-
based energy management system
• Integration of micro-generation systems and capabilities into an individual home or group of homes
• Connections between energy devices and in-house communications and entertainments systems
• Connections between energy devices and telecare and telehealth systems.