TECHNOLOGY LICENSING OPPORTUNITY SIMPLE: Strategic Innovation Methodology for PLanning Effectively SIMPLE is an innovative software that optimizes the modernization process for industrial plants, improving operations effectively and efficiently. Overview: In today's rapidly evolving industrial landscape, it is crucial to have a systematic approach to modernization. Traditional methods often lack a holistic view and fail to consider the overall impact of individual upgrades. This gap in the market, combined with the increasing demand for efficient and cost-effective modernization, has led to the development of INL's innovative tool. This tool addresses the need for a comprehensive and automated solution in industries such as nuclear power utilities, where existing tools do not offer such extensive capabilities. Description: SIMPLE utilizes a unique tree-structure model to analyze and suggest optimal scopes and sequences for modernization. It incorporates different components such as hardware, software, and human activities to create a comprehensive plan. Through computational operations, it evaluates objectives and provides solutions that maximize return on investment, minimize risk, and shorten deployment time. Its distinctive approach encompasses a wide range of metrics, mathematical frameworks, and an optimizer for thorough analysis. Benefits: Automated and Systematic Approach: Streamlines the modernization process, ensuring all aspects are considered. Customizable Metrics: Adapts to specific industry needs and changing technology landscapes. Cost-Effective Solutions: Maximizes ROI with low capital investment and risk. Efficient Deployment: Shortens the time frame for implementing modernization projects. Versatile Application: Suitable for various industries beyond plant modernization. Applications: Utilities and Energy Sector: For modernizing operations and infrastructure. Management Consultants: To provide strategic guidance to clients . Government Agencies: In policy-making and subsidy management. Research and Development: To prioritize impactful technologies. Net-Zero Initiatives: To plan and track sustainable objectives. Development Status: Technology Readiness Level (TRL) 1: Basic principles observed and reported. IP Status: Provisional Patent Filing No. 63/515,835, “Systems and Methods for Objective Management,” BEA Docket No. BA-1494. Partner with Idaho National Laboratory (INL) for Access to Pioneering Technology and Mutual Growth Managed by Battelle Energy Alliance, LLC, INL offers unique opportunities for businesses to access and license advanced technology. Our agreements are tailored to provide flexibility and affordability, particularly supporting small businesses in their growth and innovation endeavors. By licensing our intellectual property, you not only gain access to groundbreaking technology but also contribute to economic development and public welfare. We invite you to explore our technology portfolio, designed to give your organization a competitive edge in the market. Learn more about our licensing opportunities and the support we provide at: https://inl.gov/inl-initiatives/technology-deployment . For specific discussions on how your business can benefit, please contact Andrew Rankin at
[email protected] . INL’s Technology Deployment department focuses exclusively on licensing intellectual property and partnering with industry collaborators capable of commercializing our innovations. Our goal is to commercialize the technologies developed by INL researchers. We do not engage in purchasing, manufacturing, procurement decisions, or providing funding. Additionally, this is not a call for external services to assist in the development of this technology.