Total Launches a “Plant 4.0” Corporate Incubator
OREANDA-NEWS. Total is launching a “Plant 4.0” corporate incubator to support deployment of digital technologies in its industrial activities.
Digital innovations — sensors, automation, big data, the Internet of Things (IoT) and cloud computing, to name just a few — optimize the design, operation and organization of a “Plant 4.0”. The resulting transformations drive operational performance, enhance safety, increase the reliability of industrial units and boost the operational excellence of industrial assets.
This open innovation initiative aims to identify and attract the most groundbreaking Industry 4.0 start-ups from around the world, and allow them to test their technology, products or services in Total's own operations.
The shortlisted candidates will be presented between March and April 2016 to a panel of managers and experts from Total and its partner Impulse Labs, a specialist in accelerating the growth and success of energy and manufacturing start-ups. The start-ups selected will be incubated for a period of six months in France and the United States1 at Impulse Labs. This call for international projects focuses on two areas:
Asset Optimization |
Augmented Operator |
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The businesses will benefit from joining other start-ups accelerated by Impulse Labs, be able to take advantage of the expertise of both Impulse Labs and Total, and receive incubation-related financing. They will be able to work on concrete applications and, if the project advances well enough, proof of concept at Total.
The incubator adds to Total’s other in-house and external open innovation initiatives. The Group is also planning a preferential contract between the start-ups and Total Energy Ventures, Total’s venture capital arm, and Total Developpement Regional, the organization that provides financial and other support to small businesses.
About Total
Total is a global integrated energy producer and provider, a leading international oil and gas company, and the world’s second-ranked solar energy operator with SunPower. Our 100,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.
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