StartupChallengeProgram:ACollaborativeWaytoFosterDigitalInnovation
SOCARWennovationChallengeacutting-edgeonlineopeninnovationinitiative–welcomesentrepreneursandgame-changersallaroundtheworld,whoareshapingtechnologiesofthefuturetodayinrefineryandpetrochemicalindustries.
TheinnovationprogramprovidesanopenandcollaborativeapproachforbuildingpartnershipstosolvedigitaltransformationchallengesofSOCARTürkiyebyfosteringdigitalinnovationtogether.
What Drives Us
Key milestones of the challenge
Program Launch & Initiating Application Period
Startups are invited to submit their applications for the challenge. The application period lasts for one month, closing on February 5, 2023.
Online Meetup
A virtual gathering where the challenge details, rules, and expectations are presented. The full version of the online meetup is available on YouTube. Watch it at your convenience to catch up on all the information and insights shared during the event. Here’s the YouTube link: https://youtube.com/watch?v=GjRzW3Pyj6U
Application Deadline
Last day to submit startup applications for the challenge. The jury members will begin the evaluation process after the application deadline.
Pre-selection Day
The 22 pre-selected startups will have the opportunity to pitch their ideas. Each startup is allocated 5 minutes to present their digital solutions. After each pitch, the SOCAR Türkiye Digital Transformation Team will ask questions to gain a deeper understanding of the startups’ projects.
Final Challenge Day
The top 10 finalists from the pre-selection day compete in the final challenge. Jury members engage with the startups in a Q&A session to delve into the details of their digital solutions. The winners are announced at this event. The full version of the Challenge Day is available on YouTube – check link below. https://youtube.com/watch?v=GjRzW3Pyj6U
AreaofInterest:WhatAreWeLookingfor?
Throughcollaborationwithstartups,weaimtoembracethemostinnovativesolutionswhichaddressoneofthefollowingcategories.
Refinery and
Petrochemical Operations
- Real-time-optimization and economic model predictive control (yield/throughput)
- Pooling optimization (refinery products) via mixed-integer / linear programing
- Digitization & automation of work processes – use of applications in mobile devices/tablets for more efficient execution of operations
- Adoption of wearable technologies including AR/VR
- Real-time locating systems – scaleable, low investment and network-independent solutions that are fast enough to pilot
- Robot/drone-assisted inspection / data collection that can delivery financial value
Asset Management
& HSE
- Predictive Maintenance/Anomaly Detection – Specific equipment and failure mode based wide experience/use cases
- Digitization & automation of work processes – use of applications in mobile devices/tablets for more efficient execution of operations
- Adoption of wearable technologies including AR/VR
- Real-time locating systems – scaleable, low investment and network-independent solutions that are fast enough to pilot
- Robot/drone-assisted inspection / data collection that can delivery financial value
- 3D printing – especially use cases in printing spare parts of critical equipment in large industries
Fintech & Other
Opportunities
- AI-based compliance & regtech
- Smart and dynamic cash flow analysis & management
- Blockchain based business processes for O&G industry
- Automated budget forecasting & management
- Innovative digital HR solution
- SaaS solutions with low or no need of system integration
Energy Efficiency
& Sustainability
- Real time energy optimization
- Digital carbon footprint / emission tracking
- New tech in sustainable energy resources
- Digitalization for cleaner production
Collaborating with Flyability: Turning Innovation into Impact
As a finalist of SOCAR Wennovation Startup Challenge program, Flyability partnered with us to conduct a successful Proof of Concept. Watch how cutting-edge drone technology met real-world industrial needs.
Shaping the Future:
SOCAR Wennovation Startup Challenge Finalists and Winners
Alloy Additive
Industrial 3D printing for metals.
CYC International
Autonomous cleaning robots for industrial sites.
Delivers AI
Autonomous robotics for logistics and operations.
F-Ray Fintech
Innovative enterprise fintech solutions.
Finboot
Blockchain solutions for secure processes.
Flyability
Collision-tolerant drones for industrial inspections.
GOARC
AI-powered robotic inspection systems.
Offsetted
Smart product design and digital innovation.
RoT Studio
Smart product design and digital innovation.
Visionaize
Industrial AI and computer vision analytics.
Frequently Asked Questions
Let's co-create the future of energy.
Submit your digital innovation and become part of SOCAR’s digital transformation journey.