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Bringing new technology to market. Technology Advisory Committee ITF The members Operational Management Enhancing Governance Members Council Board of.

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Presentation on theme: "Bringing new technology to market. Technology Advisory Committee ITF The members Operational Management Enhancing Governance Members Council Board of."— Presentation transcript:

1 bringing new technology to market

2 Technology Advisory Committee ITF The members Operational Management Enhancing Governance Members Council Board of Directors Stakeholders

3 1 x Admin/Secretarial 1 x Book keeper Accountancy Support 1 x CEO 2 x Technology Analysts IT Services 3 x Technology Brokers 1 x Technology Transfer 1 x UK Assist 1 x EPSRC Prog.. Mgr 3rd Party Funded Outsourced / / Inkind Staff Project Mgt ITF - Proposed Structure

4 TAC TWG SUBSURFACE TWG SUBSURFACE TWG WELLS TWG WELLS TWG SURFACE TWG SURFACE TWG ENVIRONMENTAL? DECOMMISSIONING? TWG ENVIRONMENTAL? DECOMMISSIONING? Corresponding Members Corresponding Members Corresponding Members Corresponding Members Corresponding Members Corresponding Members Corresponding Members Corresponding Members ELECTRONIC LINKS – Intranet and The Technology Advisory Committee and Work Groups TechnologyWorkGroups Meets 3x Yr Future

5 Stakeholder Representation

6 REVIEW IDEAS DATABASE DECIDE INDUSTRY THEMES DEVELOP THEME PROJECTS RUN PROJECTS ITF maintains the industrys ideas database. The Technology Advisory Committee reviews the non confidential information held on the database on a 6 monthly basis and updates. Industry themes for potential collaborative technology development are reviewed annually by the Technology Advisory Committee and proposed to the Board for endorsement. Drawing from the ideas & supply side database, ITF develops and markets projects in line with industry themes. The sponsors decide on how they will manage their projects. ITF will not manage projects Government invited to provide part funding, including field trial funding, for theme projects. The Process in Practice

7

8 COMPLETED Articles of Association Agreed New Accountants Appointed TAS set-up team in place 16 Operators committed support Agreed annual budget of £¾ million

9 PLANNED New CEO appointed 1st December 1999 Brokers on board January 2000 Process in place January 2000


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