MeetingMarch 17th Meetings are always open to the public and are held on the 3rd Tuesdays of the odd-numbered months at the beautiful lakefront Doubletree Club Hotel Orange County Airport, 7 Hutton Centre Drive, Santa Ana, CA 92707. (Free parking for Sigma Xi meeting attendees. Identify yourself as such to the parking attendant.) Note that we are back at the Doubletree.
8:00 PM: Product Development Process (PDP) for IoT-ready Products During late 2000s, integrated intellectual property (IP) became popular to generate, protect, and monetize IP and AI in products, processes, and software tools through licensing and sale. In the early 2010s, the focus changed to do all of the above with “lean” methods. Today, many are still working on IP, AI and lean methods. But tools are arriving in the marketplace much faster than many had imagined.
At least 60% of companies across multiple industries are seeing some level of IoT in product development.
More than 25% of companies in the industries surveyed by Engineering.Com have moved beyond the evaluation stage to launch pilot projects and/or deployed products.
There are strong predictions that there will be hundreds of billions of connected devices by 2025. If that is going to be the reality, it would stand to reason that the companies that design “IoT-ready” products will have to make the corresponding product development process more efficient, integrated, and lean for the IoT market.
The value of a finished IoT-ready product now is largely about its product’s “features and functionality”. In the future, the value of a finished IoT-ready product will also be its knowledge content and its ability to aggregate and integrate vertically and horizontally in the cloud.
A well-designed IoT product development process (PDP) can go a long way to enabling a complete “IoT capability.” That means a future “IoT-ready” PDP has to be more lean, integrated, fully-connected, and efficient (LIFE).
About the speaker
Brian Prasad, Ph.D. is president and CEO of Knowledge Solutions, based in Irvine,California. Knowledge Solutions is a company that helps other companies manage and protect their intellectual content while developing products for the Internet of Things (IoT), and delivering knowledge-based engineering to their design and development process.
He earned a Ph.D. in Mechanical and Aerospace Engineering from the Illinois Institute of Technology at Chicago, Illinois, and a Doctor of Engineering from Stanford University.
He has been a Technical Director at Electronic Data Systems, and at Siemens in Cypress, California, and a Senior Project Engineer with Parker Aerospace.
He has been a Principal Research Scientist at Ford Motor Company; Integrated Product development manager at Unigraphics Solutions (now Siemens); on staff at Cal State University, Fullerton; Director of Engineering at UCI Extension; and a visiting professor at Cal Tech.
He is the author of six books and many papers dealing with knowledge management, integrated product development, and concurrent product development.
He holds two patents, one for a Modular Passenger seat module and one for an Entertainment Display Mount.
Social 1/2 Hour
6:30 PM (no host bar). Come and meet the speaker and the other attendees.
7:00 PM – Reservation required. Northern Baked Halibut Steak in Wine Sauce, with seasonal vegetables and sesoned Farro, lemon/caper sauce, served with baby greens salad, rolls and sweet butter. Coffe, tea, and selection of dessert. Full bar service.
[Include your dinner preference (regular or vegetarian) with your check/reservation.]
Be sure to RSVP ASAP to ensure getting a seat!
Send your check (made out to Sigma Xi, Orange County Chapter), which must be received by Friday, March 13th, to
7611 Vantage Dr. Huntington Beach, CA 92647 firstname.lastname@example.org
Paid-up members and their guests, $30; $35 for all others; $5 more if you pay at the door.
Dinner with no RSVP is $5 more and the entrée is whatever is available.
(Surprise attendees stress both the kitchen supplies and staff!)
There is no charge for attending the lecture only but
- you won’t be admitted to the meeting room before 7:45, and
- you must RSVP so we can have a chair for you!
Map and DirectionsDoubleTree Club by Hilton Hotel Orange County Airport
In the Doubletree parking lot, drive up to the front door. There will be no charge if you tell the valet parking attendants that you're going to the Sigma Xi meeting. Arrive early, as the parking lot sometimes fills up quickly.