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The marketplace for scientific experiments                Elizabeth Iorns Co-Founder & CEO                   elizabeth@scie...
INTRO        2
WHAT IS SCIENCE EXCHANGE?Science Exchange is a marketplace forscientists to list, discover, access and payfor scientific se...
WHAT IS SCIENCE EXCHANGE?Science Exchange makes it easy for researchers to connectwith specialist contract research provid...
WHAT IS SCIENCE EXCHANGE?Science Exchange provides open access tospecialized research infrastructure andexpertise at top r...
HOW SCIENCE EXCHANGE WORKS1. Search for an experiment type.•   Search for a scientific service, by experiment type.•   1100...
HOW SCIENCE EXCHANGE WORKS2. Choose a service provider.•   Compare service offerings from 1000+ core facilities and CROs.•...
HOW SCIENCE EXCHANGE WORKS3. Submit a service request.•   Request an estimate from your chosen facility.                  ...
HOW SCIENCE EXCHANGE WORKS4. Accept a service quote.•   Get notified of service offerings via email, and our online system....
HOW SCIENCE EXCHANGE WORKS5. Communicate with your provider.•   Receive updates, ask questions, exchange data.            ...
HOW SCIENCE EXCHANGE WORKS6. Easily pay for services.•   Easy payment via Science Exchange.•   We accept credit cards and ...
SCIENCE EXCHANGEProviding efficient access to the world’s scientific expertise                                              ...
SCIENCE EXCHANGE BENEFITS           Do research in parallel. Focusing on the stuff you do Speed           well + using exp...
SCIENTIFIC COMMUNITY SUPPORT         It could transform the current very inefficient use             of funds and dramatic...
WHAT IS RESEARCH?                    DISCOVERY      REPUTATION                COLLABORATION                    RESEARCH   ...
WHAT IS RESEARCH 2.0?                    DISCOVERY                        2.0       REPUTATION               COLLABORATION...
SCIENCE EXCHANGE & RESEARCH 2.0Discovery 2.0 and Collaboration 2.0•   Discovery and collaboration becoming even more inter...
SCIENCE EXCHANGE & RESEARCH 2.0Providing access to previously hidden resources                                            ...
SCIENCE EXCHANGE & RESEARCH 2.0Providing transparency about the cost of research                                $500   $1,...
SCIENCE EXCHANGE & RESEARCH 2.0Saving researchers money                              “BY USING SCIENCE EXCHANGE WE        ...
SCIENCE EXCHANGE & RESEARCH 2.0Funding 2.0•   How can we improve access to research funding?•   Support alternative models...
WHAT IS RESEARCH 2.0?                    DISCOVERY                        2.0       REPUTATION               COLLABORATION...
THANKS!              Please feel free to reach out:          elizabeth@scienceexchange.com                         @elizab...
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Elizabeth Iorns (Science Exchange) - Research 2.0 presentation

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Transcript of "Elizabeth Iorns (Science Exchange) - Research 2.0 presentation"

  1. 1. The marketplace for scientific experiments Elizabeth Iorns Co-Founder & CEO elizabeth@scienceexchange.com @elizabethiorns /ScienceExchange
  2. 2. INTRO 2
  3. 3. WHAT IS SCIENCE EXCHANGE?Science Exchange is a marketplace forscientists to list, discover, access and payfor scientific services from any institution inthe world. COMPANY VITALS COMPANY METRICS Inception: May 2011 1100+ experiment types Headquarters: Palo Alto, CA 1,000+ providers Investors: Andreessen Horowitz, angel investors 35,000+ researchers 3
  4. 4. WHAT IS SCIENCE EXCHANGE?Science Exchange makes it easy for researchers to connectwith specialist contract research providers DEMAND SIDE SUPPLY SIDE 1.4 million 15,000 US Researchers US Contract Research Providers RESEARCHER VALUE PROPOSITION PROVIDER VALUE PROPOSITION • Access to 1000s of research providers • Access to new business • Save time and money => get more • Platform to market services & build research done reputation • Easy payment for services • Management, billing and reporting tools 4
  5. 5. WHAT IS SCIENCE EXCHANGE?Science Exchange provides open access tospecialized research infrastructure andexpertise at top research institutionsCurrently 1,000+ providers from 400+ US research institutions Sample facilities 5
  6. 6. HOW SCIENCE EXCHANGE WORKS1. Search for an experiment type.• Search for a scientific service, by experiment type.• 1100+ different services currently listed. 6
  7. 7. HOW SCIENCE EXCHANGE WORKS2. Choose a service provider.• Compare service offerings from 1000+ core facilities and CROs.• Pricing information and ability to filter by location is provided. 7
  8. 8. HOW SCIENCE EXCHANGE WORKS3. Submit a service request.• Request an estimate from your chosen facility. 8
  9. 9. HOW SCIENCE EXCHANGE WORKS4. Accept a service quote.• Get notified of service offerings via email, and our online system.• Accept an estimate from your chosen provider. 9
  10. 10. HOW SCIENCE EXCHANGE WORKS5. Communicate with your provider.• Receive updates, ask questions, exchange data. 10
  11. 11. HOW SCIENCE EXCHANGE WORKS6. Easily pay for services.• Easy payment via Science Exchange.• We accept credit cards and are an approved vendor within university purchasing systems. 11
  12. 12. SCIENCE EXCHANGEProviding efficient access to the world’s scientific expertise 12
  13. 13. SCIENCE EXCHANGE BENEFITS Do research in parallel. Focusing on the stuff you do Speed well + using experts for the other stuff = Getting more research done. Use specialists for specialized research. Most Quality techniques have a steep learning curve. No one can be a master of all techniques. Take advantage of economies of scale. Even Cost without taking account of your time, experts can do specialized experiments more cheaply due to economies of scale 13
  14. 14. SCIENTIFIC COMMUNITY SUPPORT It could transform the current very inefficient use of funds and dramatically change the way in which scientists do research. --Nature News 14
  15. 15. WHAT IS RESEARCH? DISCOVERY REPUTATION COLLABORATION RESEARCH COMMUNICATION FUNDING 15
  16. 16. WHAT IS RESEARCH 2.0? DISCOVERY 2.0 REPUTATION COLLABORATION 2.0 2.0 RESEARCH 2.0 COMMUNICATION FUNDING 2.0 2.0 16
  17. 17. SCIENCE EXCHANGE & RESEARCH 2.0Discovery 2.0 and Collaboration 2.0• Discovery and collaboration becoming even more intertwined due to specialization. • no single scientist can master all techniques or purchase all equipment • no single university can provide all core facilities• Discovery 2.0 will be more efficient: • Greater transparency about cost (e.g. P212121) • Greater access to expertise will lead to more collaboration • No requirement to purchase duplicate equipment • No need to learn highly specialized one-off techniques 17
  18. 18. SCIENCE EXCHANGE & RESEARCH 2.0Providing access to previously hidden resources 18
  19. 19. SCIENCE EXCHANGE & RESEARCH 2.0Providing transparency about the cost of research $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 SNP Array for GWAS NGS library generation NGS paired end HiSeq 2000 Sanger DNA sequencing Illumina microarray Affymetrix microarray Bioinformatics IHC of tissue sections Transgenic mouse production 19
  20. 20. SCIENCE EXCHANGE & RESEARCH 2.0Saving researchers money “BY USING SCIENCE EXCHANGE WE WERE ABLE TO SAVE HALF THE COST ON THIS PARTICULAR TYPE OF EXPERIMENT” 20
  21. 21. SCIENCE EXCHANGE & RESEARCH 2.0Funding 2.0• How can we improve access to research funding?• Support alternative models of funding e.g. Crowdfunding (e.g. Microryza); Bootstrapping (e.g. Tom Voss at Tulane University)Reputation 2.0• How can we measure true impact?• Develop alternative metrics to researchers (e.g. Mendeley stats, Total Impact score) and providers (e.g. Science Exchange reputation)Communication 2.0• How can we shorten the communication cycle?• Make it easier for researchers to “publish” (e.g. integration with figshare) 21
  22. 22. WHAT IS RESEARCH 2.0? DISCOVERY 2.0 REPUTATION COLLABORATION 2.0 2.0 RESEARCH 2.0 COMMUNICATION FUNDING 2.0 2.0 22
  23. 23. THANKS! Please feel free to reach out: elizabeth@scienceexchange.com @elizabethiorns /ScienceExchange 23
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