Keynote Speech

On Entrepreneurship at the Industry 4.0 Era

    With the development of the Internet of things (IoT) and the industrial internet, the landscape of many industries has changed fundamentally. It is necessary to re-design, re-manufacture, and to re-plan the whole supply chain at the Industry 4.0 Era. That is, top managers of an enterprise need to act like an entrepreneur and regain entrepreneurship spirit. While, entrepreneurship is the process of designing, launching and running a new business, entrepreneurship spirit is about innovation and risk-taking. We argue that to design the new business model should be the first step, before one get lost with CPS, IoTs, MES, and many fancy terms. Cases would be provided to illustrate our points.

    JrJung Lyu is a professor in the Department of Industrial and Information Management at National Cheng Kung University. He obtained a PhD degree in industrial engineering from the University of Iowa, USA. Dr. Lyu has participated in many projects, public services, and reviewing committees since 1989. He is the founder of CQI (Center for Quality & Innovation) at National Cheng Kung University. Dr. Lyu has published over 80 journal papers, several textbooks, and earned the Personal Award of the National Quality Award, Taiwan, in 2002. He is a fellow of CSQ and currently appointed as the country councilor in Taiwan for ASQ, USA. His current research interests include strategy for innovative services, global quality management, EV, genetic diagnostics applications, etc.

Principles and Practice of Connectivity and Convergence

    Did you receive a tweet from your bathroom today? I did. My bathroom said I was out of shampoo. I know my bathroom knows how to order Garnier Fructis from Alibaba. I have other pressing problems. My 50 year old Peugeot 204 has a vintage water pump in need of a spare part. Autos San Cristóbal on Calle Bolivia in Villares de la Reina has found an innovative solution. They contacted Peugeot for the design and collaborated with Professor Mari Carmen Blanco Herrera at USAL to print the water pump spare part using alloy 834 (Ti-5.8Al-4Sn-3.5Zr-0.7Nb- 0.5Mo-0.35Si-0.06C). It required a 3D printer which was provided by Professor Nina Thornhill at Imperial College, London and the technique was optimized by Professor Suman Das of Georgia Tech in his start-up DDM Systems in Atlanta, GA. The part was printed using additive manufacturing and it was shipped to my local Meineke auto repair shop in Urbana. Because my car is in the repair shop, I hop on an autonomous road link which takes me to my clinic at The John H. Stroger Jr Hospital on West Harrison St in Chicago. My first patient today is Letizia Ortiz Rocasolano from El Paso, TX. I explore the cut on her shin which is slow to heal due to her type II diabetes. I capture her data from her embedded glucose nano-wire sensor and download her physiological history from her Samsung Galaxy 6 to my iPad. I adjust her insulin dose and reconfigure her synthetic insulin delivery nano-drone. My next patient is Julie Chen, who lives in Taipei but she is now visiting Bangladesh. Unfortunately, she may be suffering from Arsenic poisoning which is quite common in the drinking water in the Bay of Bengal. These are not stories but the broad spectrum of socio-economic disruption anticipated by the increasing diffusion of the industrial internet and the internet of things which is ushering a tsunami of connectivity catalyzed by the convergence of science and society with engineering and technology. The information deluge from connecting atoms to bits, known unknowns with unknown unknowns and industry with society, will reshape our thinking about privacy, propriety and prosperity. The hype generated by the media and “intelligence” will give rise to false positives. The ability to use dynamic networks will influence transaction cost economics, challenge conventional wisdom, spur counter-intuitive approaches and expose cryptic relationships to create new correlations, induce non-obvious analyses and trigger geo-political disequilibrium. It will call for precision resiliency to become an integral part of the networked society in future smart cities. The “silo” modus operandi may be inadequate to improve operational agility, efficiency and profitability. Compartments must be dissolved by deliberate design of complementarity, to evolve, embrace, adapt and adopt global platforms of autonomy with distributed information harvested from data acquired from transdisciplinary system of pervasive systems. The plethora of advantages of the new connected future also brings with it the ominous potential of data driven cyber-destruction in the hands of those who wish to digitize hate. In future, accidents may be pre-designed by fate in order to re-direct, re-shape or re-form our destiny. Explore https://dspace.mit.edu/handle/1721.1/111021 ● Brief Bio http://bit.ly/SD-BIO

    Dr Shoumen Palit Austin Datta is a Senior Member of the MIT Auto-ID Labs, Research Affiliate at the Department of Mechanical Engineering, School of Engineering, MIT (http://autoid.mit.edu/people-2) and Senior Scientist, MDPnP Lab, at the Massachusetts General Hospital, Harvard Medical School (http://mdpnp.mgh.harvard.edu). He is the former Co-Founder and Executive/ Research Director of the MIT Forum for Supply Chain Innovation (2001-2010) at the MIT School of Engineering. A former Member of the Auto ID Center at MIT (1999-2003), MIT Data Center (2004-2006) and MIT Energy Initiative (2008-2009). As a Research Scientist in the Engineering Systems Division, MIT School of Engineering, he explored technology innovation, RFID, IoT, supply chain, data analytics and confluence of solutions in verticals. He has taught Supply Chain, Strategy and Management at the MIT Sloan School of Management. He has offered executive education courses at MIT and several other institutions in US, EU and APAC. He is the former founding Senior Vice President for the Industrial Internet Consortium (IIC) and Senior Vice President at the Object Management Group (OMG). His engagement with the MDPnP Program at Massachusetts General Hospital, Harvard Medical School is aimed at convergence of medical device interoperability with security and emerging tools from medical CPS and medical IoT. He is interested in IoT/IIoT as a design metaphor and promoting the vision of the internet of systems (IoS) which extends ubiquitous connectivity, including the industrial internet, to catalyze global economic growth. He has authored papers and articles related to evolution of the industrial internet (2003), intelligent software agents (2001), framework for predictive analytics, general operations and supply chain management, sensors in healthcare platforms, renewable energy and various forms of digital transformation the global economy may experience. He has served as advisor for corporations and governments including US Department of Defense, United Nations (UNDP), World Customs Organization (WCO), President’s Science and Technology Advisory Group (PSTAG) for the President of Taiwan (ROC). Dr Datta attended the University of Pittsburgh (PA) and earned his PhD from UMDNJ Rutgers University School of Medicine in collaboration with Department of Molecular Biology at Princeton University. He was a Research Fellow in Medicine (Thyroid Lab, Neuro-Endocrine Lab, Molecular Oncology) at the Massachusetts General Hospital and Instructor in Medicine at Harvard Medical School. He was a Research Associate at the Whitehead Institute at MIT and member of the MIT Human Genome Project. He was a Research Scientist at University of California UCSF School of Medicine, San Francisco, California. Dr Datta has served the public sector to improve education and technology as Special Assistant to the City & County of San Francisco, California; Science Education Partnership at UCSF School of Medicine; Berkeley Pledge initiative at the University of California, Berkeley and Chair of the National Task Force on Education, Workforce and Technology sponsored by ITAA, US Department of Commerce and The White House Council of Economic Advisers. For additional details please visit http://autoid.mit.edu/ https://autoid.mit.edu/shoumen-datta & http://mdpnp.mgh.harvard.edu ▪ For publications MIT Library http://bit.ly/MIT-SD and http://bit.ly/IOT-MIT or http://bit.ly/MIT-IOT ▪ CV http://bit.ly/SD-CV-2017 Email shoumen@mit.edu and sdatta8@mgh.harvard.edu