• KUALA LUMPUR, MALAYSIA 20 - 23 MARCH 2018

Spotlight on New Technology Award

OTC Asia recognises innovative technologies with the Spotlight on New Technology Award. This recognition programme is exclusively for OTC Asia exhibitors. The programme recognises the latest and most advanced technologies from the region that are leading the industry into the future.

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Small businesses (fewer than 300 employees) are also recognised with the Spotlight on New Technology Small Business Award. 

Put a spotlight on your company and nominate innovative technologies here. The extended deadline for submissions is 27 October 2017

Find out who the OTC Asia 2016 Spotlight on New Technology Award winners here

Benefits of Participation

  • Spotlight on New Technology AwardsAcknowledgement in an OTC Asia press release
     
  • Advanced recognition on the OTC Asia website
     
  • Acknowledgement at an on-site awards event with press invited
     
  • Recognition in a special 4-color, multi-page section of the OTC Asia conference program
     
  • Designation on the exhibit floor with a customized Spotlight banner

Criteria

Technologies to be considered for the OTC Asia Spotlight on New Technology must meet six general criteria: new, innovative, proven, broad interest, significant impact, and address a uniquely regional industry need. Both hardware and software technologies are applicable.
 
A committee made up of representatives from the OTC Asia Oversight Committee and program committee will judge the applications. Only information submitted in writing will be considered by the judges.
 
New. The technology must have been offered to the marketplace in a ready-for-commercialisation state less than two years prior to the application date (between 23 September 2015 and 23 September 2017). If previously advertised at OTC, it must not have been displayed for more than one conference. The technology must not infringe any known patents or other intellectual property rights of any third party.
 
Innovative. The technology must be original, ground-breaking, and capable of having a major impact on the offshore E&P industry. For example, an improvement in efficiency of an existing motor would not be considered unless it had the potential to change the way in which the motor would be used in the industry.

Proven. The technology must be proven, either through full-scale application or successful prototype testing. For example, a proposed new type of software in the development phase would not be considered applicable to this programme.

Broad Interest. The technology must have broad interest and appeal for the industry. For example, a new type of valve would not be considered new technology or of broad interest if it were simply a replacement of a previous valve at lower cost. However, the new valve might be considered to have broad interest if it had the potential to change the way in which valves impact or are used in the wider system that utilises the valve.
 
Significant Impact. The technology must provide significant benefits beyond existing technologies. Environmental impact is an important judging criterion.

Regional ImpactThe technology must address an issue unique to the Asia Pacific region.

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