Criteria
What are the awards focused on?
By submitting an entry, you are confirming that you have the permission of any third party or contributing partner, mentioned in the application, to enter the awards.
Commercial success
Judges will review what commercial success looks like for your organisation, your export potential and success stories within the international marketplace. We want to see evidence of your company’s track record in creating a product or service, then effectively selling to domestic and/or international markets. It’s a Commercial Disco(very)!
Translation of intellectual property
Intellectual property (IP) is developed in different environments and there are many strategies to successfully bring the research outputs to market. Judges will reward excellence in the translation of IP – through programs that enable successful research collaborations across various sectors as well as those companies that continue to develop IP internally.
Impact
What is your company’s impact on its sector? Does your product or service take Australian smarts and create new jobs and wealth for the nation, or make the lives of citizens better? Does your innovation inspire through originality and ambition? Judges will review how entrants are aligning their success measures –such as addressing the UN Sustainable Development Goals or CSIRO’s Challenge Missions.
Non-R&D innovations
We will also be looking for business innovations that have helped your organisation translate its IP for commercial or societal success. Elements will include your organisation’s business strategy, a successful pivot, or its adaptability to major challenges, risk or unexpected outcomes. It will look at your leadership and human resources strategy and all the other nonR&D factors that are vital to successful growth.
Applied technologies
Judges also want to hear stories of organisations that have adapted or pivoted research and innovations to build a product or service for an entirely different sector. What horizonal applications of these particular technologies have been used to solve a challenge? How are they themselves consumers of emerging tech to create new products?
AI Technology Award CRITERIA
Commercial success
Judges will review what commercial success looks like at your organisation, your export potential or success stories within the international marketplace. We want to see evidence of your company’s track record in creating a product or service, then effectively selling to domestic and/ or international markets. It’s a Commercial Disco(very)!
Innovative AI technology
We are looking for AI solutions that address market challenges with a unique approach, creating a competitive advantage or ‘moat’ for the product. While not all components of your solution need to be entirely new, we are particularly interested in how your innovation introduces novel AI capabilities, tools, or methods that contribute to your competitive differentiation and strengthen your intellectual property (IP) portfolio.
Impact
What is your company’s impact on its sector? Does your product or service take Australian smarts and create new jobs and wealth for the nation, or make the lives of citizens better? Does your innovation inspire through originality and ambition? Judges will review how you’re aligning your success measures – for example, addressing challenges facing Australians.
Safe and responsible AI
Judges will evaluate your commitment to responsible AI practices. This includes fairness, transparency, accountability, and the mitigation of potential biases in the development and deployment of AI technologies. The extent to which you incorporate responsible AI principles into your business strategy and decision-making processes will also be considered.
Scalability and sustainability
Judges will assess the scalability and sustainability of your AI technology and business model, including the potential for your company to grow its operations, expand into new markets, and sustain its success over the long term. Factors including scalability of the technology, ability to adapt to changing market conditions, and efforts to minimise environmental impact and resource usage will be considered.