Management

Digital transformation has become the hottest buzzword of this decade. New technologies and tools are supporting the transformation journey of companies big and small as they compete to get a bigger slice of business in a fast-paced competitive environment. Although digital transformation fast-tracks a company’s growth, it has to be equally …

Contemporary aircraft, both civilian and military, are equipped with various radio–electronic onboard devices, which support a pilot in executing complex air missions. The rapid development of digital electronics and IT, increasingly distinct over the recent years, requires a pilot of a modern aircraft to have the in-flight support of onboard …

Developing a needs or requirements document can be a very complex and challenging task. Requirements documents include statements of work, standards, specifications, and other documents mandated for use by law. The primary function of the SOW is to specify the deliverable or deliverables that a vendor or internal department is …

A system is defined by NASA as  a construct or collection of different elements that together produce results not obtainable by the elements alone. Systems Engineering (SE) is defined as: The process by which a customer’s needs are satisfied through the conceptualization, design, modeling, testing, implementation, and operation of a …

When two companies wish to do business with each other, a contract specifies the activities entered into by both organizations and the terms through which they will each fulfill their parts of the agreement. Contracts affect business profitability in a very large way due to the emphasis on revenue and …

In the electronics industry, the majority of new products are an enhancement of an existing product. Typically new models are developed to be faster, smaller, lighter, or include additional functionality. However, occasionally an innovative, original concept will be conceived to address a gap in the market or to exploit a …

Technology transfer, or Tech Transfer a.k.a. transfer of technology (ToT), is a process in which technology or knowledge developed at one organization is transferred to another, typically for the purpose of commercialization.   Through this process, a donor site (either a product’s sponsor or a manufacturing site) transmits proprietary knowledge …