Innovation can kill companies’ business models. At Enel we are aware of that

In 1997 mobile leaders were…

Innovation is a great opportunity

2012

2.4 $ mln

raised on Kickstarter

2014

2,000 $ mln

sold to Facebook

How to turn a threat into an opportunity?

Can we do it on our own?

NO!

Who can help us?

Microsoft corporation, 1978

Small

companies,

with BIG

ideas

Innovative

universities

and

research

centers

Venture

capital

Startups

Pipe LineTechnical

SpecificationPrototype Test Phase

Commercial Pilot

Market Phase

1.200 startups screened

20 ongoing projects

14

Partners104 running innovation partnerships

13 Partnerships executed in the last year

Innovators

Customers

Colleagues

E. Chesbrough

“Firms can and should use external ideas as well as internal ideas,

and internal and external paths to market, as the firms look to advance their technology”

outsideEnel

People inside

Spreading the open innovation culture for the Group’s benefit…

19

My Best Failure69 posts, 379 votes and comments, +5000 visitors

Do you have an idea113 ideas since Aug ‘15

Innovation World Cup398 Teams competing805 colleagues11 Countries

Makers lab, innovation sandboxInnovation based induction program designed with HR2 editions in 2015

Innocentive Enel Pavilion7 challenges published1 preparation ongoing1 under definition

Project portfolioDashboard and monitoring tool online290 projects41 project dissemination cards

Open Innovability plafformDesign ongoing

GP ideation space43 ideas since Oct ’15

Innovation by vendors60 participants21 proposals, 9 selected

19

…boosting ideas generation to solve markets’ and business lines’ challenges

23Creative

brainstorming sessions

446Ideas generated

Creative ProblemSolving

andLEGO®

SERIOUSPLAY®

500Participants

7Projects resulting

81External

Participants(in addition to

the 500 internal)

4Creative Problem

Solvingdisseminations

6Countries

25Departments

Involved

Enel Idea Factory main numbers

We have set up a new process that turns the ideas collected into real projects and partnerships

Enel Innovability: a step beyond Open Innovation

#InnovationAndSustainability

« We aren’t sustainable unless we innovate..

to innovate we have to be sustainable, since the

best minds out there aren’t doing it for money…

They’re doing it to be part of a bigger project to

better mankind..»

23

&

Kumi NaidooGreenpeace's International Executive Director Nov 2009 - Dec 2015

Backup diesel

Mini Wind

Ropatec

Solar PV Plant

Batteries

More than 200 people getting energy access from RES in

a remote location

Just one, clear Example of innovation for people’s benefit

Ollagüe - Chile

We got structured to work as

an Innovability Hub

Innovation Managers and Sustainability managers

in all the Business lines and Countries

Is this enough?

NO!

29

It’s up to us to innovate as much as we can

to let Enel being sustainable

in an ever changing world

Enel seems to be on the right path…

30

Among the Top 5 “Change the

World” Companies

Listed in the guide “Winning

together” as example of

successful collaboration model

with startups

Listed in Bloomberg’s list “50

Companies to Watch in 2016”