Computer engineering commercialization and innovation
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Computer Engineering Commercialization and Innovation. Prof Doug Lyon, [email protected] ECE – The new Programs June 2012. 2.4. The ECE 5 Year MS Program. Proposal is “under consideration” 2 degrees in 5 years • Computer Engineering BS + ECE MS OR • Electrical Engineering BS + ECE MS

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Computer engineering commercialization and innovation

Computer Engineering Commercialization and Innovation

Prof Doug Lyon, [email protected]

ECE – The new Programs

June 2012

2.4


The ece 5 year ms program

The ECE 5 Year MS Program

  • Proposal is “under consideration”

  • 2 degrees in 5 years

    • Computer Engineering BS + ECE MS OR

    • Electrical Engineering BS + ECE MS

    CE and EE are ABET accredited

    The MS is the NEW NORMAL in Engineering!


Computer engineering commercialization and innovation

Computer Engineering Commercialization and Innovation

5MB, 1975, $5000 ($20,000)

5GB, 1998,$100

100MB, 1988, $250

RAMAC 305 5MB, 1956, $200,000 ($1.5mm)

100MB, 1992

64GB, 2012,$40


M windows growth

M$ Windows growth

  • ‘92 - 3.1 – 9MB

  • ‘98 – 355MB

  • ‘00 – 650MB

  • ‘09 - W7 – 20GB

HD

w/hd


Fulfilling student needs

Fulfilling Student Needs

  • Simplified graduate school admission

  • 10 Domain areas

    • Product Design, Architecture, Systems,

    • Communication, Power, Biomedical, Nano,

    • Signals, Embedded Systems, Enterprise Computing


Knowledge for a new age

Knowledge for a new age

  • Technological Leadership

  • Engineering Entrepreneurship

  • Provides intellectual capital

  • 13.6% in 25-34 age group has MS

  • CT ranks 3rd in country


Cost analysis

Cost Analysis

  • financial advantages - $38k/yr (excluding r&b, full-time)

  • Avg Salary by education level

  • HS - $67k

  • BS - $79k

  • MS - $93k

  • SRC: Dice.com(each degree worth 17%).

  • Work for 40 years, earn an extra $1MM over a person with a HS degree, on AVG


Roles

Aerospace

Computer Industry

Finance Industry

Manufacturing Industry

(Active placement of interns and graduates)

Almost all placed before graduation

Roles


298 me 297 ee 258 cs 170 cpe 73 bme 21 se

298 ME

297 EE

258 CS

170 CpE

73 BME

21 SE

How many ABET programs in USA?


What do computer engineers learn src 2011 dice com

What do computer engineers learn? (src: 2011;Dice.com)

  • Java Pro (14.7k jobs up 50% YOY, avg earner: 91k$)

  • Project Mant (12.5k jobs, up 50% yoy,avg $100k) (Avg slry in CT:83k$)

  • avg 4-year engineering degree, 78k$

  • Bus degree: 42k$(src CNN)

    liberal arts graduates - $32(src CNN)


Ct the place to be

CT, The Place to be:

  • The total gross state product for 2010 was $237 billion.

  • The per capita income for 2007 was $54,117, ranking first among the states.

  • Computer Engineers - $92k

  • Computer Programmers - $90k

  • Mechanical Engineers - $83k

  • Electrical Engineers - $82k

  • BLS.gov


For 2011 what s the biggest concern you have about your career

For 2011, what’s the biggest concern you have about your career?

  • Keeping Skills Up-to-Date / Being Valuable to Employer14%

  • Increased Outsourcing5%

  • SRC: Dice.com

  • Dice Salary Survey was administered online with 19,798 employed technology professionals from the Dice community responding between August 31 and November 15, 2010.


Crowdfunding the new model of entrepreneurship

CrowdfundingThe new Model of Entrepreneurship

Innovation+Commercialization


Computer engineering commercialization and innovation

Crowdfunding

  • Make a prototype: Make a video: File a patent application.

  • Post on internet with pricing, funding goal, and funding deadline (e.g. 30 – 60 days).

  • Promote it: Promote it: Promote it!!!!!

  • Take committed orders guaranteed by credit card.

  • If you do meet your funding goal by funding deadline, everyone gets charged, you get $, you make and deliver the product.

  • If you don’t meet your funding goal, no one gets charged, you cry in your beer, and it’s back to the drawing board.


Computer engineering commercialization and innovation

Example:


Computer engineering commercialization and innovation

What Does it Take to be Successful?

  • Planning & Preparation – perhaps for a year

    • Prototype made

    • Production facilities lined up

    • Video – good but not too good

    • Business plan – break even, make money on licensing

  • Media coverage

    • Social Network – blogs/forums/moderators

    • Commercial – Gizmodo/Techcrunch /FastCompany/Huffpost /NYT

  • Wide range of award offerings ($1 to $1,000) with good rewards

  • Cool Factor – Inspiration Factor – Public Service Factor

  • Already be successful

  • If at first you don’t succeed, try try again.


Computer engineering commercialization and innovation

Backcountry Boiler:

Hot water from found fuel

Devin Montgomery

Pittsburgh PA

Recent graduate

563 Backers

$60,642 pledged of $20,000 goal


Computer engineering commercialization and innovation

TiGr: Titanium Lock as Cool as your Bike

Bob and John Loughlin, Inventors, Engineers, Entrepreneurs, Lock Enthusiasts, Bike Riders, Father and Son

740 Backers

$108,065 pledged of $37,500 goal


Computer engineering commercialization and innovation

TikTok+LunaTik Multi-Touch Watch Kits

Scott Wilson is the founder of Chicago-based MINIMAL, a studio whose diverse work spans industries ranging from technology, interaction and consumer products to fashion, furniture and environments.

Original $50

13,512 Backers

$942,578 pledged of $15,000 goal

Licensed to Apple

Chinese knockoff $20


Computer engineering commercialization and innovation

Bottom Line

  • Crowdfunding is an effective new way to raise money for initial product production.

  • Success depends upon good product design, meticulous planning, extensive promotion, and, as with many things in life, tireless persistence.


Fundamental laws

Fundamental Laws

  • Moore’s Law – computer speed increases T n

  • Metcalf’s Law – network value increase N x

  • Reed’s Law – Group of size n will have subgroups of 2n


Computer engineering commercialization and innovation

ASIA

132

118

135

NAFTA

193

191

158

EUROPE

163

177

189

Fortune 500

2000

2005

2009


Computer engineering commercialization and innovation

Intelligence is a Global Resource

  • Crowdfunddoes to VCs what

  • The Web did to the Newspaper

  • Speed=the killer app

  • Paul Julius Reuter used homing pigeons (filling a gap in the telegraph network)

  • FREELANCER.COM – the global meat market!


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