Archives Mujun Zhang

Trends in Tracking Ureteral Stents in Healthcare

The SearchLite recently completed a Market Discovery Challenge to understand the current practices adopted by healthcare institutions and clinics to track ureteral stents within patients. The goal of the study was to understand  trends in digital healthcare solutions, insurance payers and clinic directors for a digital software solution to track implants as well as identify potential commercialization partners. The scope of the study included 15 industry expert interviews and extensive secondary research, online discussion forum engagement, surveys and final report synthesis and analysis.

Based on the key findings, The SearchLite discovered that there is no organized system currently employed in the market for patients and clinicians to track retained ureteral stents. Moreover, several complications arise due to extended retained stents as a consequence of missed follow up by the patient. New software IT applications face resistance to adoption due to ergonomic limitations as well as industry inertia to new technologies.. Pilot studies are very useful to demonstrate effectiveness of a new technology. Endorsements from larger healthcare organizations also help the likelihood of  insurance companies to adopt these technologies into their insurance coverage policies.

This report is being provided as an exclusive courtesy to the industry experts who volunteered their time to speak with The SearchLite directly and offered their perspectives on emerging trends, challenges and opportunities.  We hope that you find the report useful and want to extend our thanks to all who generously donated their time and expertise.

If you have any questions or further comments on the report, we would like to hear from you.  You can leave a comment and/or direct an inquiry to:
Scott Phillips
Founder, The SearchLite
sphillips@thesearchlite.com
(734) 787-7509

Commercial opportunity for laser depth resolved remote sound velocity profiling and water chemistry analysis

The SearchLite recently completed a Market Discovery Challenge to understand the commercial potential of an oceanographic laser sensor being developed to aid sonar measurements with depth resolved speed of sound measurements. The instrument can be configured to make additional measurements of parameters including ocean temperature, water flow speeds, salinity, dissolved oxygen, chlorophyll biomass, dissolved organic matter classification phosphate and nitrates. The instrument is intended to be installed on a ship, buoy or possibly aircraft for capturing continuous, real time measurements. The scope of the study included 15 industry expert interviews, extensive secondary research and final report synthesis and analysis to inform a Phase II SBIR proposal.

Based on the key findings, The SearchLite discovered that there is a high demand within the Oceanographic and Water Management markets for both remote sound velocity profiling and remote water chemistry analysis. However there are several barriers to overcome to address the commercial applications within these markets.  Two of the most significant barriers are likely to be the high cost of the instrument and the qualification/acceptance of its performance. Cost is a concern since the initial instrument in low volumes may cost 10x what is currently typically paid for high end hydrographic or water measurement instruments. Performance is a concern since the technique is new and there are many variables that can affect performance.

This report is being provided as an exclusive courtesy to the industry experts who volunteered their time to speak with The SearchLite directly and offered their perspectives on emerging trends, challenges and opportunities.  We hope that you find the report useful and want to extend our thanks to all who generously donated their time and expertise.

If you have any questions or further comments on the report, we would like to hear from you.  You can leave a comment and/or direct an inquiry to:

Scott Phillips
Founder, The SearchLite
sphillips@thesearchlite.com
(734) 787-7509

Commercial opportunity for laser depth resolved remote sound velocity profiling and water chemistry analysis, Oceanographic

Fill the following form to download the full Key Finding document.

Trends in CO2 Monitoring for Patients on Home Ventilation

The SearchLite recently completed an investigation to understand the challenges and opportunities in the field of home-vent CO2 monitoring. The goal of the investigation was to understand the trends and the commercial viability of the home-vent CO2 monitoring technology. The scope of the investigation included 12 subject matter expert interviews, extensive secondary research, online discussion forum engagement, surveys and final report synthesis and analysis.

Based on the study, The SearchLite discovered that there is currently no home-vent CO2 monitoring solution currently available for patients. There is a market need for cost-efficient home-vent CO2 monitoring. The biggest challenges for such product to go to market are: 1) obtain reimbursement by insurance, 2) educate the caregivers at home, 3) ensure patient compliance, 4) manage and integrate data, and 5) adapt to all major home ventilators on the market. Comprehensive research, product development and clinical trials are required to overcome those challenges and fulfill the market need.

This report is being provided as an exclusive courtesy to the experts who volunteered their time to speak with The SearchLite directly and offer their perspectives on emerging trends, future challenges as well as opportunities of home-vent CO2 monitoring. We hope that you find the report useful and want to extend our thanks to all who generously donated their time and expertise.

If you have any questions or further comments on the report, we would like to hear from you. You can direct your inquiries to:

Scott Phillips
Founder, The SearchLite
sphillips@thesearchlite.com
(734)-787-7509

Trends in CO2 Monitoring for Patients on Home Ventilation

Table Of Content

Industry Experts in CO2 Monitoring Devices:
12 Subject Matter Experts, including Product manager at Medtronic, VP at Philips, Strategic Director at GE Healthcare, etc.

Subject Matter Expert Interviews:
Summary of Key Takeaways

  • There is a market need for capnography in home care setting
  • Market adoption challenges
  • The existing solutions for in-home CO2 monitoring
  • Foreseeable challenges in Home-vent CO2 remote monitoring
  • Current market size
  • Current reimbursement situation
  • Buying process to purchase items such as the home-vent CO2 monitoring system (stand-alone CO2 monitoring is not reimbursable today)
  • Challenges in new medical devices marketing and sales
  • Challenges of capnography in institutional setting
  • Current situation with remote monitoring
  • Polysomnography (Sleep study) in home care market procedure

Fill the following form to download the full Key Finding document.

MSU Industry Skills Workshop: Are you ready to “grow”?

Graduate and postgraduate students, especially those in STEM (Science, Technology, Engineering, Mathematics), are considered to be a group of intelligent people. They work hard in the labs for years to discover new knowledge or advance science. However, when transitioning to industry, it is very common for these scholars to face a big skills gap.

The SearchLite identified five skills which graduate students should develop to improve the chances of career: Business Communication, Active Listening, Time Management, Creative Problem Solving, and Leadership.

To help graduate students bridge the gap between academic and industry, The SearchLite recently partnered with Michigan State University (MSU) to conduct an Industry Skill Development Workshop.

MSU Distinguished Professor and Entrepreneur, Ramani Narayan, Ph.D. and Omni Tech International Business Development Manager, Lee Walko provided career insights and coached the students during their workshop presentations.. Britany Affolter-Caine, Program Manager at University Research Corridor, joined the workshop as a special guest.

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“Your research is your baby!”

Students who want to transfer from academia to industry often face a gap between their academic experience, current skill sets and career plans. However, students who want to stay in academia should develop their skills also. Alessandra Hunt, postdoctoral research associate raised this question during the workshop. Alessandra’s lab discovered a drug to kill bacteria, so the Tech Transfer Office (TTO) performed commercial assessment,since the TTO has more industry connections. She didn’t understand why the academic lab team should learn market discovery skills for themselves.

Professor Narayan answered her question based upon his own experience: ”You should not feel you don’t have connections. You should ask questions from a business perspective. That’s a part of your learning. ‘Your research is your baby’. You are in the best position to grow it. Other people may help you, because that’s their job. But your research is your own baby, nobody can replace you.”

Developing industry skills to perform market discovery is not only a process to grow your “baby,” but a valuable experience to grow yourself. The exposure to industry during market discovery gives you more sense about your research,cultivates your skills to work in industry and helps you bring back more inspiration to academia.

Hands-on Skills Workshop

The SearchLite brought a real case, Stephan Wood Products, to demonstrate market discovery. Students were divided into 5 teams. Each team had 60 minutes to complete the tasks: design the value proposition, discover alternative market segments, identify a list of subject matter experts (SMEs), create a list of questions for the SMEs, and complete an elevator pitch. After the 60 minutes, each team had 5 minutes to present and 2 minutes to answer questions.

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It was a hard decision for the judges to choose the best team.

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Finally, the team Sparty won the first place.

Michigan State University Industry Skills Development Workshop

Two hours might be too short to fully develop any skills, but we hope it’s enough to introduce students to new perspectives about industry career transition and their research. If you want to grow with us, The SearchLite is always here waiting for you to join us!

Online Retreat Review: Can’t Wait for Next Year!

Did you attend the Online Retreat for  The SearchLite Innovator-in-Residence Community?

I am sorry that you missed out on a lot of fun and …maybe gifts and food…but luckily, you will not miss out on the information.

Let’s see what happened…

Our attendees were divided into  three teams: Royal (Real) Black Dolphins, The Super Se7en, and The Nomads. Each team had to come up with individual themes prior to the retreat. Their themes definitely displayed some talent! Here are their posters. Some of our special guests included Evelyn, who is a business transition coach, and Martha who stayed up in her PJs,  just to attend our retreat!

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Guess who won the best poster?

Scott helped everyone review the Innovators-in-Residence Program.

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and MJ explained the rules of the new Reward Points System. You may read the information on our IIR Info page (p/w: TSLIIR).

Then, Scott continued on to announce The SearchLite’s new business model with three new focus areas : Connected Factories, Connected Cars, and Connected Health. The first report of Connected Factories industry will be released on July 27. Keep an eye out for it! For the new business model we will have more traditional titles such as Project Leader and Research Analyst. These will also be paid positions. More details are to come once the system goes into effect.

Meanwhile, if you are interested in or have backgrounds related to the three topics, let us know. This might be another exciting opportunity for you!!

In the Lucky Wheel session, the Super Se7en, who won the best poster, was not so lucky as the  Royal (Real) Black Dolphins and The Nomads caught up.

Games were next on the agenda and the determining factor of the winners came down to  Jeopardy!. The categories included IIR Program, Value Proposition Design, The Searchlite and Other Trivia.The online IIRs and the IIRs in office showed great team effort. Yan Chang and Gautam answered questions for the Royal black Dolphins, Martha and Tao took the lead for The Super Seven team and Jayshree and Peng from The Nomads didn’t back down! Super Se7en bravely chose several of the hardest questions and answered them correctly, which made them the champions of the Online Retreat.

Online Retreat 2016-Best Team.001

And the moment we’ve all been waiting for, the Awards portion of the retreat capped off the event. Drum roll please… Marta won the “Christopher Columbus Award” for her excellent performance as an IIR for a year and half all the way in Portugal and she referred two IIRs, Juliana and Telmo.

Yan Dong won the “Jane Goodall Award” for his  splendid work in the field research for the  HALO project.

And Tao Wen won the “Dog The Bounty Hunter Award” for landing the most interviews amongst all IIRs.

Although only a few names were recognized we truly would like to thank you for all of your hard work! We hope you gained a valuable experience from your experience as an IIR. .

Thanks to everyone who joined the Online Retreat. You should have received a Starbucks Gift Card in your inbox.

We would like to thank all of the IIRs who have collaboratively worked in the projects to achieve outstanding works, especially the new members who have brought a great level of enthusiasm and the old heads who provide the ‘wisdom’!

So, all that is left to say is, thanks to everyone who made this another incredible year in The SearchLite history. The Innovators-in-Residence Community is an amazing family. Let’s be thankful that we are all part of it. And be sure to remember we will have another retreat next year. Mark your calendars in advance!

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(Edited by Prianca, Hui and Christy)

University of Michigan Mechanical Engineering Career Development Event: “Mechanical Engineers Need Soft Skills also”

June 20, 2016 is a date to remember in the history of The SerachLite’s Innovator-in-Residence Program, because it is the first time that we held an event at the Department of Mechanical Engineering in our own backyard at the University of Michigan.
About 15 Mechanical Engineer PhD students attended the event. Four outstanding alumni, Katherine Avery, Laura Wojcik, Michelle Callaway, and Szabolcs Sovenyi, joined the discussion  as well.

UMMU Event

Professor Katsuo Kurabayashi kicked off the event by showing many successful alumni, who transitioned from academia to industry. The SearchLite Innovator-in-Residence Program is a great opportunity for graduate students to have a taste of industry by participating in hands-on real projects.

UM ME Career Dev.001

Scott Phillips, CEO of The SearchLite, challenged the students regarding their current understanding of the industries which align with their areas of research.. He then explained   what The SearchLite is, who The SearchLite’s clients are, and the methodology The SearchLite uses to conduct Customer Discovery. Lastly, Scott used three real cases as examples to demonstrate the work at The SearchLite.

UMME Event

During the final open discussion, a student said he just wanted to be an engineer, and wondered if the business skills would be useful? Both Michelle (General Motors) and Katherine (Ford) responded quickly and stated that if you work for a company you have to deal with a lot of things besides engineering, so the soft skills are extremely useful.
When in a company or an industry, it is easy to overestimate the importance of one’s product or service. That is why they hire companies like The SearchLite, to provide different perspectives. When we are students, it easy to underestimate the importance of soft skills that are not clearly aligned with our majors, but those are the skills that will  make you stand out. As the alumni all said, “Mechanical Engineers Need Soft Skills too”.

The SearchLite at MSU Graduate Engineer Symposium

(Written by MJ Zhang; Edited by Christy Song; Photos by MJ Zhang)

The MSU Graduate Engineer Symposium of 2016 took place at the Breslin Center on March 31. More than 137 graduate students from 8 different engineer backgrounds participated in the poster competition. Nearly 40 representatives from 26 companies and industries were registered to participate in the 2016 Engineering Graduate Research Symposium. It was The SearchLite’s second time participating in this event. Scott Phillips, the CEO of The SearchLite, took part in judging the posters.

EGRS16Program

 

Selecting the best poster was difficult, because there were more than 100 works and all of them used State-of-Art technologies solving all kinds of problems in the real world. They investigated high density polyethylene-graphene nanoplatelet composites for the production of fuel lines and fuel tanks; they used evolutionary algorithms to optimize bioenergy crop selection and placement based on stream health; they used cellulose nanowhiskers to modify carbon fiber epoxy matrix etc. (Read abstracts of all the posters)

 

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Win school credit by participating Market Discovery Challenges? It is possible!

(Written by MJ Zhang; Edited by Christy Song; Photos by Hui Yang and MJ Zhang)

Professor Mohammed Islam notified his students at the University of Michigan that they may earn credit for course EECS 499, Directed Study, by participating in The SearchLite’s Market Discovery Challenges.

UM EECS 406 class

Scott Phillips (left) and Professor Mohammed Islam (right) in EECS 406 class at the University of Michigan.

Most graduate Innovators-in-Residence join The SearchLite in their senior years looking for exposure to the industry and business sector, which enhances their resume and benefits their careers.

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The 2nd Annual Midwest Business Case Competition hold successfully

(Written by MJ Zhang, Edited by Christy Song, Photos by Sung Hei Yau)
The Final and Semi-Final rounds of the 2nd Annual Midwest Business Case Competition was held by the Michigan Graduate Consulting Club (MGCC) on March. 18th. As one of the General Sponsors, The SearchLite was invited to this event. Scott Phillips, Founder and CEO of The SearchLite,, , judged the final competition with Ben Kosinski from The Boston Consulting Groups, Diane Bouis from Innovo, Linh Song from the  Ann Arbor Educational Foundation (AAPSEF).

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Four Judges. From left to right: Scott Phillips, Linh Song, Ben Kosinski and Diane Bouis.

After four laborious hours, the first and second place winners of the Semi-Final and Final Competition were, the team ProboKnow (Rhonda Jack, Lianette Rivera, Eric Lin, and Zhijie Wang) and SciNeer(Junjie Chen, Justin Storms, Minyu Xiao, David Burdette). Congratulations on your achievements and outstanding teamwork!

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Engineers, get out of the building!

Are you an academic in transition? Would you like to try an experience that may broaden your career?

The SearchLite recently shared some of our projects with graduate students at Michigan State University’s School of Engineering. Several of our Innovators-in-Residence are from MSU, so we wanted to share our knowledge from our Market Discovery Challenges with fellow Spartans and hoped to expand our community at MSU.

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