ONS 2020 Innovation Awards – objectives, criteria and jury assessment - ONS
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ONS 2020 Innovation Awards – objectives, criteria and jury assessment

Objectives

The ONS Innovation Awards address the energy sector in general and the offshore petroleum sector in particular. ONS offers a unique marketing opportunity for enterprises, small and large, to present new solutions to all types of customers in these sectors. The main objective of the ONS Innovation Awards is to promote efforts to improve or replace current solutions that will make the global offshore petroleum sector more competitive and sustainable at all stages in the value chain.  The ONS Innovation Awards are intended to encourage inventors, operators, entrepreneurs, suppliers and contractors, large and small, to promote their products or services by entering them for this high-profile contest.

General Rules and Criteria for the ONS innovation awards

Innovations accepted for consideration by the jury, and thereby for publication on the ONS web site, should relate to industry requirements as outlined above, and:

  • constitute products, services or process solutions and/or applications, including management systems and work processes, which are new/newly developed
  • be accompanied by enough information about the company behind the innovation so that the innovation can be easily placed in the correct category
  • be accompanied by a concise description of the innovation involved and answer clearly to all the criteria listed
  • be written in English and in layman’s terms so that it is understandable to those outside of one’s own field of technology discipline/subject. Some of the jury members are specialists, others are generalists, the descriptions must therefore be easy to understand for all
  • be submitted via the internet to the organiser with full documentation at any time up to application deadline

In order to achieve an effective and fair evaluation, the information requested must be submitted strictly in accordance with the specified format, which can be found on the ONS Innovation Awards website.
Nominations that do not follow the formal requirements as outlined in the online portal will be rejected.

Jury assessment

The jury will allocate entries to the relevant awards (Innovation or SME Innovation) based on the information provided by the applicant. The following criteria will apply when evaluating the entries for both awards:

  • Level of innovation involved (innovation in the specific enterprise, in a specific industry or sector, national or global market)
  • Market readiness – whether any further development or demonstration is required in order to achieve market penetration. The applicant should clearly describe whether the innovation is fully developed, has been demonstrated or has reached first commercial sales. The EU TRL (Technology Readiness Levels) scale can be used if applicable.
  • The local and worldwide market potential of the innovation (annual sales, etc)
  • The added value by the introduction of the new product, service or process and its likely business benefit to the enterprises involved (both innovator and users of the innovation)
  • Environmental impact – whether the technology, process or services reduces environmental impact compared to existing solutions

Applicants must cover the above issues in their application.
The jury deliberation is confidential.
The decision is made by simple majority vote. The chair has a double vote.