Innovation Project: Starting a New Business Speaker: Ely T. P. Souza Course: Methods of Technology Change

Launching a Company If you are… –Always thinking –Passionate –Independent –Motivated –Willing to take risks –Seeking a new challenge –Willing to acquire new skills –Not afraid of failure –Ready to break free INNOVATOR

David Malawey From: Saint Lois, Missouri Age: 26 Bachelor in Mechanical Eng. – Texas A&M M.Sc candidate in Mechanical Eng. – Texas A&M Company: MechIntelligent –College Station, TX –Integrate Embedded Systems in mechanical and/or electrical systems

Embedded Systems

Interview

Current Projects

InnovationCorporationProposalAnalysisAcceptanceProject Private Company Project Reasons for the Innovation “I want to have the power to make decision and implement any project I think it’s valuable.” “I see lots of occasions in what it could be implemented. Other equipment could use embedded systems. It would inexpensive and safer.”

Challenges WHERE THERE ROAD BLOCKS TO THE ADOPTION OF THIS INNOVATION? –Creating a company: Business and entrepreneurship skills Credibility Initial Investment Time! –Products: Strategy to increase the Rate of Adoption “MAKE A GOOD PRODUCT”

Future Goals Keep developing the main product –Torque and Power output sensor Wait for feedback from customers Implement other projects to create new useful products

Thank You!