Computer Engineering Commercialization and Innovation Prof Doug Lyon, ECE – The new Programs June

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!

5MB, 1975, $5000 ($20,000) 100MB, 1988, $ MB, GB, 1998,$100 64GB, 2012,$40 RAMAC 305 5MB, 1956, $200,000 ($1.5mm) Computer Engineering Commercialization and Innovation

M$ Windows growth ‘ – 9MB ‘98 – 355MB ‘00 – 650MB ‘09 - W7 – 20GB HD w/hd

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 Technological Leadership Engineering Entrepreneurship Provides intellectual capital 13.6% in age group has MS CT ranks 3 rd in country

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

How many ABET programs in USA? 298 ME 297 EE 258 CS 170 CpE 73 BME 21 SE

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: 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? Keeping Skills Up-to-Date / Being Valuable to Employer 14% Increased Outsourcing 5% 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 Innovation+Commercialization

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.

Example:

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.

Devin Montgomery Pittsburgh PA Recent graduate 563 Backers $60,642 pledged of $20,000 goal Backcountry Boiler: Hot water from found fuel

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

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. 13,512 Backers $942,578 pledged of $15,000 goal Licensed to Apple Chinese knockoff $20 Original $50

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. Bottom Line

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 2 n

NAFTA ASIA EUROPE Fortune

Crowdfund does 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! Intelligence is a Global Resource