Ideas without borders
At EQUIP Electronics, we firmly believe that the best ideas have no borders.
From startups and universities to research centers and customers, we work together to overcome the challenges of today and design the technologies of the future.
KEY BENEFITS
PROCEDURE
TYPES OF OPEN INNOVATION
Advantages of our Open Innovation
Why choose this model?
Open Innovation not only positions us as technology leaders, but also offers key benefits that directly impact the quality and efficiency of our solutions:
ACCESS TO OUR IDEAS AND TALENT
Collaborating with a diverse network of external experts, such as universities, startups, and research centers, allows us to incorporate fresh and innovative perspectives into our processes. This not only expands our knowledge but also facilitates the adoption of emerging technologies that can give our products a competitive advantage. By integrating external talent, we accelerate the creation of disruptive solutions and strengthen our ability to solve complex problems.
REDUCED TIME AND COST
We leverage pre-developed technologies and shared resources to reduce the time required to develop products from scratch. This approach not only reduces costs associated with internal research and development, but also allows us to bring solutions to market more quickly, which is key to remaining competitive in a constantly changing technological environment.
FLEXIBILITY AND ADAPTABILITY
Open Innovation fosters an environment in which ideas evolve agilely through iterative processes. This means our solutions can quickly adapt to changing market needs, integrating constant improvements and responding effectively to new customer demands and industry trends.
RISK MITIGATION
Sharing efforts with strategic partners reduces the financial and technological burden of projects. Diversifying our sources of innovation reduces the impact of potential failures, allowing us to experiment with new technologies or approaches without compromising our operational stability. This shared approach also fosters mutual learning that benefits all parties involved.
Our procedure
A structured approach to maximize impact
OPPORTUNITY IDENTIFICATION
We analyze the market to identify unmet needs, emerging trends, and areas for improvement in our current products. This process includes market research, competitive analysis, and gathering feedback from our customers, allowing us to focus our efforts on projects with high potential for success.
SEARCH FOR STRATEGIC PARTNERS
We identify and select key partners that complement our capabilities. These can be technology startups, universities, research centers, or specialized suppliers. Selecting the right partners ensures that each project has the experience and resources necessary to achieve its objectives.
CO-DEVELOPMENT
Once the teams are established, we work together to develop functional prototypes and conduct extensive testing. During this phase, we combine internal and external expertise to ensure that the solutions meet quality and technical feasibility standards.
SCALING AND IMPLEMENTATION
After validating the solutions in prototypes, we focus on scaling up their production and bringing them to market. This stage involves optimizing processes, integrating with our supplier network, and preparing to efficiently meet demand, while always ensuring the quality of the final product.
FEEDBACK AND CONTINUOUS IMPROVEMENT
We monitor the performance of implemented solutions and gather information from stakeholders to identify opportunities for improvement. This feedback loop ensures that our solutions continually evolve to remain competitive and relevant.
Types of Open Innovation that we implement
COLLABORATIVE INNOVATION
In this model, we work together with companies, academic institutions, and research centers to develop shared technologies. The sharing of knowledge and resources is at the heart of this approach, enabling joint breakthroughs that would be difficult to achieve individually.
USER-BASED INNOVATION
Through direct customer feedback, we identify areas for improvement and design solutions that specifically address their needs. This model ensures that our products are aligned with market expectations and offer high added value.
INNOVATION THROUGH STRATEGIC ALLIANCES
We form partnerships with renowned technology companies to develop joint projects. These partnerships generate synergies that accelerate development and improve the quality of solutions, leveraging the strengths of both parties.
INNOVATION WITH STARTUPS
We actively collaborate with startups to integrate disruptive technologies into our solutions. These partnerships allow us access to innovative and cutting-edge approaches, strengthening our technological offering and our ability to quickly adapt to emerging trends.
Two-time winners of the ANCES Open World Innovation 2025 challenges!
Our company had the honor of participating in the grand finale of the eighth edition of Ances Open Innovation, organized by the National Association of CEEIs (ANCES) at the Google for Startups headquarters in Madrid. At this event, focused on open innovation and collaboration between startups and large corporations, we presented our solutions to several of the challenges posed by leading companies.
Out of 183 participating companies, we were one of the 27 selected for the final, and we achieved double recognition by winning two of the challenges launched by Orenes Group and Cojali S.L.
