Revised: Jan 23, 2015 Stevens Institute of Technology Howe School of Technology Management Syllabus MIS 699 Managing Emerging Technologies Fall 2014 Professor Michael Frank mafrank@verizon.net Wed, 6.15-8.45PM, Babbio 320 Office Hours: Before –After class and by Appointment Schedule appointments via email: mafrank@verizon.net Course Room/Web Address: http://www.stevens.edu/moodle Overview The opportunities to introduce new and exciting technology into our businesses and lives have never been greater. Using industry forecasts, current events and parallel historical introductions of disruptive technology; we will explore the Who, What, Where, When and Why’s of Emerging Technologies. By the end of the course, students will better understand how to identify new technologies and assess the applications and benefits to be derived from such technologies. We will examine tools such as the Gartner Hyper Cycle, Forrester Wave and Gartner Magic Quadrant analyses to understand the “typical” life cycles of how new technologies are discovered, perfected and brought into common use. Using case studies, lectures, individual student presentations and a final group project, this course provides the student with the tools necessary to identify a potential business opportunity and to provide a feasibility analysis of such an opportunity. Students will select one emerging technology and provide an individual assessment of the potential of this technology on its own and features which can be enhanced by integrating that technology with other technologies. We will cover dozens of emerging technologies including 3D Printing, the “Internet of Things,” Sensory technologies, the Semantic Web, Massively Open Online Courses (MOOCs), Big Data, and Virtual Economies. Students will learn techniques leading to break-through ideas. They also will become sensitive to the importance and impact of industry technology standards and methods for making the business case for trying new technologies. Prerequisites Admission requirements for the BI&A program. Course Objectives The learning goals of this course are ordered according to Bloom’s Taxonomy: Knowledge: They will learn about emerging technologies and the latest design trends in data and knowledge, networks and applications in terms of what issues they address and in particular, how organizations can exploit them for competitive advantage. . Comprehension: Students will be able to separate the “hype” of new technology from the underlying business opportunities and technical challenges for introducing such technologies into organizations and into the marketplace. Application: Students will present a full business case related to one particular project, utilizing one or more emerging technologies. Analysis: Students will be able to identify the requirements for a specific information system and express these requirements in a form usable by Information Technology professionals. Synthesis: Students will be able to apply the concepts learned during the lectures and cases in their final project. Evaluation: Students will be able to determine the advantages and disadvantages of different technology, information systems and business structures for a specific application. Students will improve their ability to communicate in group and presentation settings. Relationship of Course to Rest of Curriculum MIS 699 is a core course in the MS in System curriculum. Prerequisite course: MIS501 or equivalent. List of Course Outcomes: By the end of this course, the students will be able to: 1. Understand the foundations of statistical learning algorithms 2. Apply statistical models and analytical methods to several business domains using a statistical language. 3. Recognize the value and also the limits of statistical learning algorithms to solve business problems. Additional learning objectives include the development of: 1. Written and oral communications skills: students are required to communicate properly during the class discussions and project class presentations. Homeworks and project report should be presented “as if” they were submitted to a senior manager of a major corporation. 2. Solve a major analytical problem using large and heterogeneous datasets in a group project and communicate its results in a professional way. Pedagogy Students will hav will be used in th Lectures Case Studies Guest speakers from industry (if available) Student individual assessment of an emerging technology they select Student must read publications to stay abreast of emerging technologies/events Student contribution to discussions related to current events and other course materials Final team project providing an in-depth analysis of an emerging technology Readings from texts and selected relevant articles and publications Readings Required: Geoffrey A. Moore, Crossing the Chasm. HarperCollins Publishers. (Paperback) Required: Peter Schwartz, The Art of the Long View, Random House LLC. (Kindle or Paperback) Recommended: The Back of the Napkin (Expanded Edition): Solving Problems and Selling Ideas with Pictures by Dan Roam (Kindle or Paperback) Recommended: Why Not?: How to Use Everyday Ingenuity to Solve Problems Big And Small Paperback – December 1, 2006 by Barry Nalebuff (Author), Ian Ayres (only 18 copies available on Prime) Readings are merely representative and may be replaced, updated or supplemented by newer material. Example Gartner and Forrester analytic material as well other representative surveys and studies. Professor’s slides (will be updated throughout the semester) TED Talks – specific, short (10-15 minute) videos will be assigned in advance of classes Current event articles presented by the professor or introduced by the students. Software – Microsoft Office: Excel, PowerPoint, Word – Firefox or Chrome Web Browser Assignments Assignments Individual Emerg.Tech. Review Midterm Final Project – Group Project using one or more expansive emerging technology Due Throughout First Part of Course Week 8 Week 15,16 Grades Grading for each deliverable will be done on a scale from 0-100. The final grade will be computed based on the weighting of the deliverables according to the following resolution: Points (100 scale) 95-100 90-94 85-89 80-84 Grade A AB+ B Types of Assignments Individual Assignments Midterm Final Project Reliability and Participation Final Grade Weight 20 10 40 30 75-79 70-74 65-69 60-64 50-59 0-49 BC+ C CD F Total Grade 100 Software Microsoft Office: Excel, PowerPoint, Word Firefox or Chrome Web Browser Class policy Late Policy: 1 point lost for each day late. No assignments accepted after 3 days. Cooperation: You are allowed to discuss lecture and textbook materials, and how to approach assignments. You cannot share ideas in any written form: code, pseudocode or solutions. You cannot submit someone else's work found through internet or any other source, or a modification of that work, with or without that person's knowledge, regardless of the circumstances under which it was obtained, copied, or modified. Of course, no cooperation is allowed during exams. Re-grades: If you dispute the grade received for an assignment, you must submit, in writing, your detailed and clearly stated argument for what you believe is incorrect and why. This must be submitted by the beginning of the next class after the assignment was returned. Requests for re-grade after the beginning of class will not be accepted. A written response will be provided by the next class indicating your final score. Be aware that requests of re-grade of a specific problem can result in a regrade of the entire assignment. This re-grade and written response is final; no additional re-grades or debate for that assignment. Ethical Conduct The following statement is printed in the Stevens Graduate Catalog and applies to all students taking Stevens courses, on and off campus. “Cheating during in-class tests or take-home examinations or homework is, of course, illegal and immoral. A Graduate Academic Evaluation Board exists to investigate academic improprieties, conduct hearings, and determine any necessary actions. The term ‘academic impropriety’ is meant to include, but is not limited to, cheating on homework, during in-class or take home examinations and plagiarism.“ Consequences of academic impropriety are severe, ranging from receiving an “F” in a course, to a warning from the Dean of the Graduate School, which becomes a part of the permanent student record, to expulsion. Reference: The Graduate Student Handbook, Academic Year 2003-2004 Stevens Institute of Technology, page 10. Consistent with the above statements, all homework exercises, tests and exams that are designated as individual assignments MUST contain the following signed statement before they can be accepted for grading. ____________________________________________________________________ I pledge on my honor that I have not given or received any unauthorized assistance on this assignment/examination. I further pledge that I have not copied any material from a book, article, the Internet or any other source except where I have expressly cited the source. Signature _________________________ Date: _____________ Please note that assignments in this class may be submitted to www.turnitin.com, a webbased anti-plagiarism system, for an evaluation of their originality. Course/Teacher Evaluation Continuous improvement can only occur with feedback based on comprehensive and appropriate surveys. Your feedback is an important contributor to decisions to modify course content/pedagogy which is why we strive for 100% class participation in the survey. All course teacher evaluations are conducted on-line. You will receive an e-mail one week prior to the end of the course informing you that the survey site (https://www.stevens.edu/assess) is open along with instructions for accessing the site. Login using your Campus (email) username and password. This is the same username and password you use for access to Moodle. Simply click on the course that you wish to evaluate and enter the information. All responses are strictly anonymous. We especially encourage you to clarify your position on any of the questions and give explicit feedbacks on your overall evaluations in the section at the end of the formal survey which allows for written comments. We ask that you submit your survey prior to end of the examination period. COURSE SCHEDULE Lecture/ Lab Title Description Assignment Due Reading Lecture/ Lab Title Week 1 08/27/14 Lecture Introduction Week 2 09/03/13 Lecture "Objects you View Through Your Windshield May Appear Further than they Actual Are" or Are we there yet? Week 3 09/10/13 Lecture Week 4 09/17/14 Lecture “Try it … You’ll Like It” “You say “Potato,” I say “Potaaato” – let’s call the whole thing off” 09/24 Week 5 10/01/14 Lecture Reschedule for Tuesday “It’s a Generational thing” Week 6 10/08/14 Lecture “Dave, I’m afraid I can’t do that” Week 7 10/15/13 Lecture If it doesn’t work, is there a Plan B? or Plan C? Description Assignment Due Reading What will you learn? Introduction Overview history of change and disruptive technologies "The Victorian Internet" How do I spot emerging Trends? When is the right time to invest in new technology? What is your appetite for taking risk? Which firms/products should I examine? Gartner Hype Cycle Forrester Wave Frost & Sullivan Emerging Technology Survey Gartner Magic Quadrant Moore's Crossing the Chasm adoption mode How do I Spot the Emerging Technologies. When is the right to utilize this technology Moore's Crossing the Chasm Moore's Crossing the Chasm adoption mode "The Who & Which organizations are willing to try new technologies? Breakthrough thinking - applied science versus the ”aha” moment? Can you formalize the innovation process and effective use of new technologies/ways of doing business? How much money? How much risk? Standards wars - who sets the standards? How are standards set? – What is the process? “DeJure” (Formal) vs DeFacto Standards? Historical/Current Standards Wars (AC/DC, Bar Code, Monolithic (control all) systems vs Heterogeneous (linked) systems Examination of standards behind some key emerging technologies Standards in Financial Systems (authentication), Transportation Systems (EZ-Pass) and Unicef (using standards in a non-standard way) Protocols NO CLASS – I WILL NOT BE AVAILABLE ON WEDNESDAY – 9/24 What is the organization of the future going to look like? How will that effect how new technologies are brought into the organization? The psyche of the generations (ex. Millenials vs others) Handling change The mobile mentality Different communication/collaboration models Privacy attitudes The introduction of automated technology? Reliability and “Trust” in automation technology? The age of Semantic Technologies and Thinking machines Autonomous transportation (Airtrain, Google cars, Robots/Drones IBM Watson Planning for the unexpected? Scenario Planning Big bang versus incremental strategy Social Networks and Network Data Micro-blogging and its application Innovator's Dilemma" Excerpt from AC/DC: The Savage Tale of the First Standards War Pew Research Pew Internet and American Life Project Art of the Long View Lecture/ Lab Week 8 10/22/14 Lecture Week 09 10/29/14 Lecture Week 10 11/05/14 Lecture Week 12 11/12/2014 Lecture Week 13 11/19/14 Lecture Week 14 12/03/14 Lecture Week 15 12/10/14 Exam Week 16 12/17/14 Title Description “The whole is greater than the sum of its parts” “Everything makes SENSE” “Opinions DO count!” Or “I Know What You Did Last Summer” “Look Ma, no hands” “I’ll have my phone give your PC a call and make all the arrangements” “Now you see it – now you don’t!” and visa-versa How do Information Systems support Business Processes? CRM, SCM, and PLM Processes Workflow Systems Big Data Structured Data / Unstructured Data Case examples – Amazon, Otis Elevator, Zipcar Sensory systems – measuring the world around us Sight, sound, motion, heat, touch, taste, smell Our multi-instrumented devices – our phones Wearable Technology Assignment Due Midterm The mobile worker/consumer? Wireless technologies impact on systems. Mobile systems and infrastructure The BYOD challenge Software development models Requirements Engineering Software re-use How does the Age of Machines and machine to machine communications change the world The Internet of Things Scada Systems RFID and NFC GPS / Micro GPS Automobile technology Authentication Technologies How will a virtual world change our understanding of value – opportunities out of Thin Air” Artificial Currencies (Bitcoin) Avatars The Compressed design, prototyping and production cycle 3D Printing Virtualization of Servers and Desktops Your team will make its case for their emerging technology. Final Project Presentations This week will probably be needed because of class size. Selections from Eric Siegal’s Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die Selections from Nate Silver’s ww.fivethirtyeig ht.com blog How have Information Systems been used in political campaigns? Data Mining E-mail marketing Micro-targeting Social networking/media Business Analytics Final Project Presentations Reading Final Project Presentation (In Class) Final Project Presentation (In Class) All assignments are due as noted on Moodle. In fairness to others, late work will be penalized 10% per day overdue.