Ocyan was recognized as one of the five companies most engaged with open innovation practices in the Oil&Gas industry in the Ranking TOP Open Corps 2024, this Thursday (October 10th). The award certifies organizations that stood out in open innovation with startups in Brazil and Latin America. This recognition reassures the commitment of the company with innovation, collaboration and excellence in the development of technological solutions.

“We, from Ocyan, are extremely honored with the opportunity of being awarded again a position in the ranking 100 Open Corps. This recognition reflects our continuous commitment to innovation. Our actions are grounded in strategic relationships with startups, which include hirings, partnerships and development of innovative solutions. We seek not only to satisfy the needs of our industry, but also to contribute to a more efficient and sustainable future”, says Patrícia Grabowsky, Executive Manager of People and Innovation.

The award analyzed companies’ initiatives from June 2023 to June 2024. Ocyan has implemented a series of strategical initiatives to foster open innovation. Among them, the closure of the Ocyan Waves Booster, a program that had as objective the acceleration of startups, developing them as potential partners in the offer of innovative solutions to the Oil&Gas industry. All four startups selected in the 2023 cycle moved towards structuring a partnership with Ocyan. In addition, the company has relaunched Ocyan Waves Challenge, which received more than 180 applications for the 2024 edition, aiming at connecting with more mature startups to solve internal challenges. Another milestone was the release of the brand Nexio, in partnership with the EloGroup consultancy, a digital services and products platform that through startup connections offers integrated technological solutions to manage assets performance, operational intelligence and energy efficiency. Such actions have allowed Ocyan to not only improve its internal processes, but also actively collaborate with the development of the industry as a whole.

Ocyan started its interactions with startups in 2019 by means of the Ocyan Waves program, which, since its launching, has already mapped more than 500 startups and hired more than 30 pilots. In 2023, demonstrating a significant advance in maturity in its relationship with startups, Ocyan signed an investment agreement with Vidya Technology, a startup specialized in assets integrity. “Vidya came to us through the Ocyan Waves Challenge a few years ago. Our partnership evolved and, last year, Ocyan made an investment, acquiring a minority stake in the startup. Hence, Vidya will also be able to use Ocyan's assets and technical knowledge to execute new innovative projects”, comments Patricia Grabowsky, Executive Manager of People and Innovation.

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Award History

In 2021, when Ocyan applied for the first time, in addition to appearing in the ranking 100 Open Corps, it also reached the top 3 of the Oil&Gas category.

In 2022, the company was included in the Top 50 list, an improvement in relation to the position achieved in 2021. The company remained in the select Top 3 group in the Oil&Gas category and, last year, it was in second place in the category.

“The ranking 100 Open Corps has become increasingly competitive, highlighting the improvement of open innovation practices in Brazil. However, Ocyan continues to maintain a relevant position, reassuring our commitment to innovation and collaboration. We will continue to invest in strategic partnerships and the development of innovative solutions that boost our growth and contribute to a more sustainable future", concludes Patricia.

About the Ranking

Published since 2016, the Ranking 100 Open Startups has consolidated as reference to the market. Built based on objective criteria, the Ranking recognizes and awards leading corporations in open innovation with startups and the most attractive startups for the corporate market. (https://www.openstartups.net/site/