We recently announced the launch of Trilumen, and the execution of a license from Johns Hopkins University's Applied Physics Lab for a 3D scanning technology. I'm excited about the technology and our partnership with Direct Dimensions in Maryland - and industry leader in the 3D scanning market.
As we craft and execute the Trilumen business plan, I'm once again seeing how important it is to develop an innovative business model around a licensed technology. The technology is critical and requires tremendous innovation, but as with many technology transfer deals, the university has already done years of hard work on technology innovation.
But now, I believe our business model will determine if the company is successful, and how successful it is. And, for me, working with my partners to come up with an "this could be really big" business model is the fun part. And it may even pay off someday! The next step - executing the model!
Tuesday, October 27, 2009
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