When solutions are submitted to the Hypios website, one of our team members reads through each of them to determine which of those submitted are potential winners, which are missing information or do not meet all criteria, and which are not applicable to the problem. If there are improvements to be made, the solver will be contacted to modify their submission. When the deadline for submission is reached, each solution is evaluated and a winner is chosen. To optimize your chances of being chosen, there are a several guidelines that should remain in consideration throughout this process.
No winning solution has ever been explained in a sentence. Take the time to fully explain your solution in a format that is organized, may be easily read, and easily understood. If there is a language issue, communicate with a member of the Hypios team if you have concerns.
Submissions must offer not only a solution but also information on how and why it solves the problem. Use supporting evidence and references to explain your idea. Including a bibliography is a welcome addition but this need not be exhaustive and it is not mandatory ; include relevant sources if any. Even if your solution is relatively simple it is important to be concise. The length of your solution is not as important as the quality of its content.
Use relevant images, charts, graphs, and examples to support your points. The clearer your explanations are, the more likely your solution will be chosen.
It is in your best interests to submit a solution prior to deadline. Submitting a solution well before the deadline allows Hypios to give you feedback, making sure that your solution meets the Seeker’s needs. With the exception of the rare occasion that a Seeker requests a deadline extension, submissions beyond the original deadline are not accepted.
Carefully read the problem and its constraints. If a solution does not meet the criteria, a member of the Hypios team will contact you to suggest modifications. To avoid any set backs, be aware of any and all requirements in advance. Any solution submitted that does not meet the criteria provided by the Seeker will not be chosen.
Know if you are using someone else’s intellectual property. If your solution is chosen as the winner but is found to be in violation of intellectual property laws, your solution is void and you will not be compensated. Hypios operates in full compliance with the law.
The purpose of open problem solving is to think outside the box and offer a solution that may have otherwise been unrealized. Even if a problem is not in your realm of expertise, there may be a way to apply your knowledge to find a completely new solution using less conventional methods. In the past, there have been winning Hypios solvers who were experts in a range of subjects completely unrelated to the challenge. Anything is possible in the world of open problem solving.
Hypios combines intelligent crowdsourcing, competency discovery technology, and human outreach to deliver an optimal open problem-solving service. “Seekers” post R&D problems to the network and select a deadline and a price for the successful “Solver.”
Seekers are companies that want to accelerate their R&D with open innovation services like open-problem solving platforms. Being able to access a large pool of Solvers for any given problem guarantees both speed and relevant expertise in fields that are often not the core business of the Seeker. This most often results in novel concepts or the discovery of existing processes that the Seeker can use immediately.
Solvers are experts, researchers, specialists, students, or dedicated amateurs who submit solutions to problems on our platform. For each problem, Hypios sounds its 800,000+ database, contacts relevant experts and invites them to register on our platform to solve it. Hypios works with institutions and individuals to ensure a large and diverse Solver base that captures as many industries and disciplines as possible. Top solver countries are the US, France, India, and Italy, but our solvers reside in 180+ countries worldwide.
Initially the Solver will receive a confirmation email within a few days of their submission. Once the Solver knows that their solution has been received, the process begins. The solution process is conducted in phases. The first phase is the submission phase in which Solvers have time to read the problem and work on solutions. Once the deadline is reached, all submitted solutions are reviewed during a selection phase. The Seeker then decides whether or not to retain a solution and award the prize.
If selected as the winner of a problem challenge, the solver is asked to sign a contact details release form, where he(she) is reminded of his engagement regarding intellectual property. Hypios will also ask for an IBAN, full contact details, and a copy of his work contract (if currently employed). Once all these documents are received, Hypios then credits the solver’s bank account. When paid, the solver loses all rights to the intellectual property of his(her) solution.
Due to the vast number of various tax codes and systems applicable in each country, the solver is the sole responsible for taking the VAT amount into account when he (she) invoices Hypios to claim the award. For all intent and purposes, the award prize put up by the Seeker is “all taxes included.” The invoice has to automatically deduce the tax percentage
Payment can usually can take between 30-60 days after the selection phase is completed.
For a full description of your intellectual property rights, please refer to the Hypios Solver Terms. Throughout the entire solving process, Solvers retain original ownership of their solution until one is chosen by the Seeker. If a solution is retained, the Seeker pays the agreed price to purchase all intellectual property rights from the Solver to use the solution. If a solution is not selected, Hypios reserves the right to keep it in our database in the event that another Seeker becomes interested in purchasing a solution for a similar problem. However, we protect the privacy of the Solver and we do not under any circumstances allow for the distribution, use, or unauthorized sale without prior consent. If an offer for a previously submitted solution is made, the owner must be fully compensated. For further information, please see our About IP feature in this menu read our IP Guidlines.
Your ability to submit a solution may depend on the contract signed with your employer.
Solutions are only accepted before the deadline. The only exception to this rule is if the Seeker decides to extend the deadline.
Yes, deadlines may be extended if requested by the Seeker. For more information, please refer to, Why Hypios sometimes extends its deadlines.
The Seeker is the only one to decide whether or not to purchase one (or many) solution(s).
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