At Xinova, we innovate on behalf of our many customers in a variety of industries, ranging from leading multinational food and beverage companies to start-ups and small businesses. Today, we are proud to share some information about our work with Cotton Research and Development Corporation (CRDC).
CRDC was established by the Australian Government to work with industry to invest in research, development and extension (RD&E) for a more profitable, sustainable and dynamic cotton industry. The Australian cotton industry has always placed great emphasis on the value of its RD&E. Over the past 10 years alone, RD&E has helped cotton growers reduce their insecticide use by 87 percent, and increase their water use efficiency by 40 percent.
Working in partnership with CRDC, Xinova is exploring new technologies and breakthrough inventions to improve the control and management of cotton color, including reducing or eliminating the risk of cotton discoloration around harvest time. Successful commercialization of a solution would reduce the risk of significant economic losses from color grade penalties and increase the reliability of supply of premium quality Australian cotton. By potentially solving an otherwise “intractable” problem that reduces the economic viability of cotton production, the Australian cotton industry will become more sustainable and competitive.
As stage one of this project, Xinova has undertaken a technology and IP review, including a review of Xinova’s existing patent assets, in search of innovative solutions to the problem of cotton discoloration due to three major contributors – honeydew deposits, microbial action, and moisture damage. Download the report here.
Why Xinova
Innovation thrives on the unimpeded exchange of ideas, talent and capital. We have built a trusted global network with an incentive system that shares upside among all participants. Xinova has developed this structure in its global innovation market network with innovators, technologies, investors and startups in over 120 countries with world-class capabilities in finding, assessing, licensing, and developing international technologies. By aligning talent, technology, capital and demand through the first-of-its-kind innovation market network, which utilizes machine learning, distributed computing and modern technology platforms, Xinova connects global innovation supply to project demand for global customers such as PepsiCo, Funai, CRDC, and an array of small companies and governments around the world.
Xinova accelerates innovation end-to-end. With unique digital tools and unprecedented business intelligence, we are automating the process of innovation, de-risking and unblocking it to drive growth at all points of the innovation lifecycle. We’ve created networks supporting each pillar of innovation, complete with tools and proprietary organizational structures essential to a distributed model. The end result aligns and connects:
- Capital: funding resources such as Arcnet
- Technology: established public and private IP and new inventions
- Talent: inventors, designers, bankers, engineers, consultants, business developers, entrepreneurs including teams from leading institutions, such as CalTech, China Academy of Sciences, IITs in India
- Demand: MNCs, SMEs, governments, startups, including companies such as Pepsi and Hyundai