AN OPEN INNOVATION PLATFORM FOR BLUE GROWTH
photo by Jackie Chou | Unsplash
What is SARGASSO?
SARGASSO is an open innovation platform building on maritime skill, needs and competencies. It is a free of charge service that matchmakes between those with a challenge or an idea and those with a solution.
The so called Blue Growth* is on the rise. So is the urgent need for new innovative solutions that address environmental concerns and a sustainable development of products, goods and services. As a result, the maritime industry is changing suits, getting more connected, automatized and dressed with new materials and energy carriers. It is an expanding market expected to grow by
USD 3 trillion** by 2030 according to the OECD’s Ocean Economy Database in a business-as-usual scenario (compared to 2010 levels). Several areas of blue industry segments are expected to grow faster than the global economy in general such as port activities, aquaculture and offshore wind to name a few.
*Blue Growth entails, but is not limited to; fisheries and aquaculture, shipping, shipbuilding and marine equipment, marine extraction of oil and gas, maritime transport, coastal tourism, marine biotech, desalination and use of fresh water sources, ocean renewable energy and seabed mining.
** The Ocean Economy in 2030, OECD Publishing
New opportunities on the horizon
As the transformation progresses the sea and landbased technology development gets increasingly intervened and the gap between the two shrinks. The growth rate of blue sectors will be dependent on the ease of cross-sectorial co-operation and the capability of incorporating and
adapting trends and know-how from tangent industries. A successfull outcome opens up for new innovations and business opportunities between industries with completely different skill sets. This is where SARGASSO fills its purpose – to
matchmake between the blue industry and solution providers from a wide range of different business segments. Please join the Friends of SARGASSO-community and sign up to receive proposals and requests. All sectors are welcome – we like diversity.