Computer Engineering
Commercialization
and Innovation
2.4
Prof Doug Lyon, dlyon@fairfield.edu
ECE – The new Programs
June 2012
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!
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Computer Engineering
Commercialization
and Innovation
5MB, 1975, $5000
($20,000)
100MB, 1988, $250
100MB, 1992
64GB, 2012,$40
RAMAC 305
5MB, 1956,
$200,000
($1.5mm)
5GB, 1998,$100
M$ Windows growth
‘92 - 3.1 – 9MB
‘98 – 355MB
‘00 – 650MB
‘09 - W7 – 20GB
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HD
w/hd
70000
25000
60000
20000
50000
40000
15000
Series1
30000
Seri
10000
20000
5000
10000
0
1
2
3
0
1
2
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4
Fulfilling
Student Needs
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Simplified graduate school admission
10 Domain areas
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Product Design, Architecture, Systems,
Communication, Power, Biomedical, Nano,
Signals, Embedded Systems, Enterprise
Computing
Knowledge for a new age
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Technological Leadership
Engineering Entrepreneurship
Provides intellectual capital
13.6% in 25-34 age group has MS
CT ranks 3rd in country
Cost Analysis
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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.
Backcountry Boiler:
Hot water from found fuel
Devin Montgomery
Pittsburgh PA
Recent graduate
563 Backers
$60,642 pledged
of $20,000 goal
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
Original $50
Chinese knockoff $20
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
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
• 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
ASIA
132
118
135
NAFTA
193
191
158
EUROPE
163
177
189
Fortune 500
2000
2005
2009
Intelligence is a
Global Resource
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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!