Managing Director, Investment, Samsung Global Innovation, USA
Bio: Dr. Raymond Liao is a Managing Director of investment at Samsung Global Innovation Center focusing on startup investments in Big Data, Cloud, AI, and Security areas. The Global Innovation Center is actively leveraging Open Innovation tools including investment, acquisition, incubation and partnership to advance Samsung’s software and service offerings and nurture the ecosystem around Samsung platforms.
Prior to Samsung, Raymond worked at Siemens for over a decade practicing the entire spectrum of Open Innovation. He joined Siemens TTB in Berkeley as an innovator to commercialize his PhD from Columbia University, which led to the market-leading industrial WLAN business. He became a Director of Venture Technology to conduct spin-in and early stage investment projects. He relocated to Germany in 2008 as the founding CTO (Head of Tech. Innovation) of Siemens global Industrial Communications business.
Previously Raymond was a productive researcher in the area of network performance. He has over 20 technical publications including the top-tier networking journals (e.g., IEEE/ACM Trans. on Networking, IEEE Journal of Selected Areas of Communications) and conferences (e.g., ACM MOBICOM and IEEE/ACM INFOCOM). His research has made impact to the industry with more than 10 issued patents. Raymond received his Ph.D. from the EE Dept. at Columbia University with the Eliahu Jury Award.
Title: Open Innovation Practices: Integrated Methods to Hidden ChallengesSummary: Companies in various industries have started looking outside for transformative technologies with Open Innovation methods including spin-in, investment and acquisition. In this talk, the author shares some best practices from his decade long Open Innovation experience at Siemens and Samsung, such as spin-in technologies from startups and universities, and invest in startups to secure commercial partnerships including acquisitions. The insights on the challenges of corporate Open Innovation and the integrated approaches to address them will help researchers better commercialize their ideas.
Luleå University of Technology, Sweden
Bio: Prof. Jerker Delsing received the M.Sc. in Engineering Physics at Lund Institute of Technology, Sweden 1982. In 1988 he received the PhD. degree in Electrical Measurement at the Lund Univeristy. During 1985 - 1988 he worked part time at Alfa-Laval - SattControl (now ABB) with development of sensors and measurement technology. In 1994 he got the docent degree (associate prof.) in Heat and Power Engineering. In 1995 he was appointed full professor in Industrial Electronics at Lulea University of Technology where he currently is working as the scientific head of EISLAB, http://www.ltu.se/eislab. For the period 2004-2006 he also served as Dean of the engineering faculty at Lulea University of Technology.
Delsing has a long standing in ultrasound sensor technology in particularly applied to flow measurement. His present research profile can be entitled "Embedded Internet Systems Services", with applications to automation in large and complex industry and society systems. Currently he is the coordinator of Arrowhead Europes largest Automation project, with 78 partners and a budget of 68M€.
At the European level he is steering board member of ARTEMIS, ProcessIT.EU, ProcessIT Innovations and ESIS. Since 1999 he is chairman of ITF (Instrument Tekniska Foreningen/Instrument Society of Sweden).
Title: Building Automation Systems from Internet of Things
Summary: Nowadays products and services are produced and delivered by numerous stakeholders, all required to interact with suppliers and customers in an efficient and flexible way. Energy consumption and energy usage environmental impact have become of paramount concern in those activities. Automation technology offers solutions to deal with those challenges. Automation technology as we know it today, however, has got some limitations. The emerging era of the Internet of Things (IoT) with its ease to build complex system of systems (SoS) opens new perspectives in the automation area.
In this context, the European project Arrowhead envisions “Collaborative automation by networked embedded devices”. This necessitates a wide interoperability of devices, as well as systems and platforms. The proposed framework provides such interoperability at the service level. The Arrowhead framework efficiently support the development, deployment and operation of interconnected, collaborative systems. Arrowhead cloud automation systems are based on automation devices such as sensors, actuators, controllers, and others transformed into IoT-type of devices and systems adopting the Service Oriented Architecture philosophy. The building elements of a cloud automation system are systems that provide and consume services, and cooperate as systems of systems from which automation services like monitoring, control, optmisation, analysitcs etc are created. The building of complete automation systems is supported by orchestration and authorisation services.
The presentation is going to discuss the new automation challenges, and solutions the Arrowhead framework offers.
Delft University of Technology, Netherlands
Bio: Peter Palensky is Professor for intelligent electric power grids at TU Delft (Netherlands). Before that he was Principal Scientist for complex energy systems and Head of Business Unit "Sustainable Building Technologies" at the Austrian Institute of Technology, CTO of Envidatec Corp., Hamburg, Germany, associate Professor at the University of Pretoria, South Africa, Department of Electrical, Electronic and Computer Engineering, University Assistant at the Vienna University of Technology, Austria, and researcher at the Lawrence Berkeley National Laboratory, California. He is active in international committees like ISO, IEEE and CEN.
He carries a PhD (EE, 2001) from the Vienna University of Technology and is an IEEE senior member. His research field is complex energy systems and smart grids. In his research he models, (co-)simulates and optimizes heterogeneous cyber-physical energy systems. The areas of optimization are stability, robustness, efficiency and control of smart grids. Mr. Palensky is associate editor for various IEEE Transactions and organizes the annual Workshop on Modeling and Simulation of Cyber-Physical Energy Systems.
Title: Cyber-physical Energy SystemsSummary: This talk will introduce the audience into the concepts of smart grid and its current research topics. The second part is devoted to the principles of cyber-physical energy systems, how to describe and how to work with them.
The smart grid is the ICT answer to the power challenges of today and tomorrow by enabling flexible loads, active distribution grids, storage management, smart energy markets, and bidirectional power flows. Conceptually it is a distributed IT and automation system that is amalgamated with the physical power infrastructure: a cyber-physical system, and even a system of systems. Designing, optimizing, running, and diagnosing such systems requires reliable and scalable models which is the main problem with cyber-physical systems: hybrid models (discrete and continuous) are hard to deal with. There are, however, new and promising languages and methods to deal with such systems.
Learn what works and what does not, and see how you can enhance your research and development with these methods.
Panel: "Prospects for the Growth of Hi-tech Startup Industry Sector in Europe"Moderator: Dr. Richard Zurawski, ISA Group LLC, USA
- Dr. Raymond Liao, Director, Open Innovation, Samsung Electronics, Mountain View, USA
- Dr. Bjorn Ottersten, Director SnT, Univ. of Luxembourg, Luxembourg
- Mr. Yannick Wilden, Fraunhofer Venture, München , Germany
- Mr. Jérôme Wittamer, President of the Luxembourg Private Equity & Venture Capital Association (LPEA) , Luxembourg; and Expon Capital, Luxembourg
Biograhies of the Panelists:
Bio: Richard Zurawski is a partner in a San Francisco based private equity firm; since 2014 also a visiting professor at AGH University of Science & Technology in Krakow. He has close to 40 years of academic and industrial experience, including professorial post at University of Tokyo and Director of R&D, Kawasaki Electric - both Tokyo, Japan. He held various executive posts at a number of hi-tech companies in the San Francisco Bay area.
Dr. Zurawski co-founded three Silicon Valley based hi-tech companies. He was a partner in a joint venture in China, involved in the development of telecommunication equipment for the Chinese market. He has been involved in due diligence done for venture capital companies in California and NYC for over 17 years. He received M.Eng in Electronics from AGH US&T in Krakow; and a Ph.D. in Computer Science from LaTrobe University, Melbourne, Australia.
Bio: Björn Ottersten was born in Stockholm, Sweden, 1961. He received the M.S. degree in electrical engineering and applied physics from Linköping University, Linköping, Sweden, in 1986. In 1989 he received the Ph.D. degree in electrical engineering from Stanford University, Stanford, CA. Dr. Ottersten has held research positions at the Department of Electrical Engineering, Linköping University, the Information Systems Laboratory, Stanford University, the Katholieke Universiteit Leuven, Leuven, and the University of Luxembourg. During 96/97 Dr. Ottersten was Director of Research at ArrayComm Inc, a start-up in San Jose, California based on Ottersten’s patented technology. He has co-authored journal papers that received the IEEE Signal Processing Society Best Paper Award in 1993, 2001, 2006, and 2013 and 3 IEEE conference papers receiving Best Paper Awards. In 1991 he was appointed Professor of Signal Processing at the Royal Institute of Technology (KTH), Stockholm. From 1992 to 2004 he was head of the department for Signals, Sensors, and Systems at KTH and from 2004 to 2008 he was dean of the School of Electrical Engineering at KTH. Currently, Dr. Ottersten is Director for the Interdisciplinary Centre for Security, Reliability and Trust at the University of Luxembourg.
Dr. Ottersten is a board member of the Swedish Research Council and as Digital Champion of Luxembourg, he acts as an adviser to the European Commission. Dr. Ottersten has served as Associate Editor for the IEEE Transactions on Signal Processing and on the editorial board of IEEE Signal Processing Magazine. He is currently editor in chief of EURASIP Signal Processing Journal and a member of the editorial boards of EURASIP Journal of Applied Signal Processing and Foundations and Trends in Signal Processing. Dr. Ottersten is a Fellow of the IEEE and EURASIP and a member of the IEEE Signal Processing Society Board of Governors. In 2011 he received the IEEE Signal Processing Society Technical Achievement Award. He is a first recipient of the European Research Council advanced research grant. His research interests include security and trust, reliable wireless communications, and statistical signal processing.
Bio: Yannick Wilden is senior investment manager at Fraunhofer Venture, which is the central management department of the Fraunhofer Gesellschaft in charge of the technology commercialization through spin-offs. In his role Yannick manages a portfolio of high-tech companies, supports and advises them with focus on technology exploitation and IP, business modeling as well as business development and financing. Before joining the Fraunhofer Venture team, he worked as analyst at a private investment management firm and for several years at Valeo Group, one of the world´s leading automotive suppliers. Through a successful international career in Germany, France and the US, Yannick leverages on several years of industry experience and expertise in the development, production and financing of technical products. He holds a master degree in production engineering from the RWTH in Aachen and a MBA with distinction from the HULT International Business School in Boston.
Fraunhofer Venture acts as a partner of founders, start-up companies, Fraunhofer institutes and investors. By offering access to Fraunhofer technologies, infrastructure and know-how with more than 5,200 patent classes, it provides young companies with the opportunity of a faster and better establishment of their products on the markets. The activities led by Fraunhofer Venture include technology scouting, support and consulting services from the idea to corporate foundation, the due diligence of potential investments as well as the management of active portfolio companies.
Bio: Jérôme Wittamer is Managing Partner of Expon Capital, a global VC firm. He has been an investor and entrepreneur in technology for over 20 years. Jérôme worked in senior management at BIP Investment Partners where he co-founded VOXmobile (sold to Orange). Jérôme also successfully invested in media and communication technology companies such as EVS and Option, all of which became a world leader in their field. He later joined the DCL Group, a vibrant group of internet companies, followed by Genii Capital, where he lead and developed the firm’s corporate finance activities, working on both small (< EUR 20m) and large (>EUR 1b) transactions. Jerome is a regular lecturer, active in non-profit organisations supporting education and entrepreneurship. He is currently President of Luxembourg’s Venture Capital & Private Equity Association (LPEA). Jérôme holds a Master of Laws from Université Catholique de Louvain and an MBA from the Rotterdam School of Management, Erasmus University.