Capstone – Project

Business Development (AI Product)

A Collaboration Between

Engagement Synopsis

The AI-Sole is an AI-powered wearable system that fits inside regular sneakers and enables accurate, affordable measures of ambulatory function (walking/running) in controlled and real-life environments. At the core of the technology are machine learning inference models that leverage previously collected data to reduce measurement errors, thereby producing highly accurate estimates of spatial, temporal and kinetic gait parameters even when using affordable, mid-level sensors. The AI-Sole technology has gone through several validation studies with healthy individuals and diverse clinical populations. The system is now ready for commercialization through the creation of a new startup. The ultimate goal of this semester-long project is to make this startup idea ready for the investor pitch.
To achieve this goal, the student team will need to: Understand the technology/product: connected wearables and “smart” footwear Understand the market: two potential markets for the application of this technology are clinical research market (pharma, academia), and consumer market (sports, fitness). Understand the industry: study existing strategies, services, data infrastructures and regulations/policies related to Smart Wearable Devices and Digital Health Understand the customers: inform decisions on the best go-to-market strategy. Understand the investors: identify who are the right investors to pitch to Team Responsibilities: Identify customers (e.g., interviews, customer data mining, etc.) and create customer profiles in each market. Propose go-to-market strategy. Research competitors and conduct industry analysis (e.g., Porter Five Forces) Run SWOT analyses and develop business strategies Make financial projections and propose financing strategies Draft a business model canvas and business plan based on the research activities Prepare materials for a potential investor pitch Team Member Qualifications: Familiarity with common machine learning techniques for IoT technologies and connected wearable devices. Familiarity with common platforms and cloud technologies to share and process personal data remotely. Strong interpersonal skills and the ability to interact well with all levels of management Team player with the ability to build productive relationships Business writing and presentation skills Knowledge of project management Strong technical skills in Microsoft Office and data visualization tools

Company Information

CompanyCompany A
HQN/A
RevenueUnlisted
EmployeesUnlisted
StagePre-Revenue Startup
Hiring PotentialN/A
Website

Company Overview

The AI-Sole is an AI-powered wearable system that fits inside regular sneakers and enables accurate, affordable measures of ambulatory function (walking/running) in controlled and real-life environments. At the core of the technology are machine learning inference models that leverage previously collected data to reduce measurement errors, thereby producing highly accurate estimates of spatial, temporal and kinetic gait parameters even when using affordable, mid-level sensors. The AI-Sole technology has gone through several validation studies with healthy individuals and diverse clinical populations. The system is now ready for commercialization through the creation of a new startup. The ultimate goal of this semester-long project is to make this startup idea ready for the investor pitch.

Course Info & Engagement Details

SchoolStevens Institute of Technology, School of Business Industry Capstone Program
Engagement FormatCapstone - Small Team Consulting Project - Students work in small groups of 2-6 directly with faculty and host company project champions on developing real solutions to real-world challenges.
CourseMGT 809: Spring 2022 Industry Capstone Program
Level
  • All Graduate
Students Enrolled30 (5-6 students per project)
Meeting Day & TimeTBD
Student Time Commitment8-15 Hours Per Week
Company Time Commitment1 Hour
Duration11 Weeks

Project Topics

Data Management

Growth Strategy

Marketing

Product Design & Development

Research & Development

Students

Student

Krishna Sheth

ksheth5@stevens.edu

Student

Domenick Gentile

dgentile@stevens.edu

Student

Akanksha Rai

arai10@stevens.edu

Student

Rahil Dass

rdass@stevens.edu

Student

Riya Mathew

rmathew1@stevens.edu

Student

Anoushka Gaikwad

agaikwa5@stevens.edu

Student

Kuntal Gupta

kgupta7@stevens.edu

Student

Licheng Su

lsu7@stevens.edu

Collaboration Timeline

Touchpoints & Assignments Due Date Type
Welcome, Spring 2022 Applicants!

Welcome, Spring 2022 Applicants!

Hi everyone! My name is Christina Sargiss and I coordinate our Industry Capstone Program. If you are reading this, then you are looking to apply & register for MGT 809: Industry Capstone Program for the upcoming Spring 2022 semester. This "Program Timeline" will provide you with a snapshot of what to expect regarding the application process & upcoming semester. If you have any questions regarding our available projects, application process, etc please email me directly at businessprojects@stevens.edu for support. Wishing you a happy & healthy 2022!
December 1st, 2021 Event na
Application Launch for Spring 2022 Projects

Application Launch for Spring 2022 Projects

Please utilize this google form apply for the Industry Capstone Program for the Spring 2022 semester: https://forms.gle/jqESmzWCRcrsoFae9 Once you have applied, via the google form, return to this page to upload a copy of your professional resume.
December 6th, 2021 Event na
Resume Upload for Spring 2022 Projects Resume Upload for Spring 2022 Projects
Please upload a copy of your professional resume here. Professional resumes should be one page in length and in PDF format.
December 6th, 2021 Submission Required submission-required
Deadline for Spring 2022 Projects

Deadline for Spring 2022 Projects

The deadline to submit your application & resume for the Spring 2022 semester is January 6, 2022.
January 6th, 2022 Event na
Teams Finalized & Sudents Notified

Teams Finalized & Sudents Notified

All students should be notified if they are/not selected to work on a Spring 2022 Project by this date. If you have any questions, please email Christina Sargiss at businessprojects@stevens.edu for support.
January 17th, 2022 Event na
First Day of Classes

First Day of Classes

The first day of classes, for the Spring 2022 semester, is January 18, 2022. By this date all selected students will have heard from Christina Sargiss with their assigned project, registration instructions, and additional information regarding the course MGT 809: Industry Capstone Program.
January 18th, 2022 Event na
Reminder of Confidentiality

Reminder of Confidentiality

During this program, you'll be working on a real project posed by a real industry partner. By registering for the CapSource system and participating in this Program, you are bound by the Rules of Engagement, including strict confidentiality of information shared with you. Please be respectful and professional.
January 21st, 2022 Event na
Temp Check #1 Due

Temp Check #1 Due

We use "Temperature Checks" to track student progress & gain feedback regarding the Industry Capstone Program. Please complete this brief google form by February 21, 2022. Survey link: https://forms.gle/R46teL2UXjwteRpS6
February 21st, 2022 Evaluation evaluation
Mid-Term Town Hall Presentations

Mid-Term Town Hall Presentations

Town Hall "Lunch & Learn Presentations" serve as a mid-semester update on projects with faculty, staff, and students from the School of Business. We are looking to schedule these presentations during the week of March 7, 2022. Additional scheduling information will be provided to the students, once the semester is underway. Please note that all presentations will be held via Zoom.
March 7th, 2022 Event na
Temp Check #2 Due

Temp Check #2 Due

We use "Temperature Checks" to track student progress & gain feedback regarding the Industry Capstone Program. Please complete this brief google form by March 25, 2022. Survey link: https://forms.gle/R46teL2UXjwteRpS6
March 25th, 2022 Evaluation evaluation
Final Town Hall Presentations

Final Town Hall Presentations

These Town Hall "Lunch & Learn Presentations" serve as the final opportunity for students to present their project findings and deliverables to School of Business faculty, staff, and students as well as the sponsor organizations. We are looking to schedule these presentations during the week of April 25, 2022. Additional scheduling information will be provided to the students, once the semester is underway. Please note that all presentations will be held via Zoom. Students will work with their faculty advisors & industry partners to schedule end of semester presentations and wrap up any tasks.
April 25th, 2022 Event na
Final Peer Evaluation Due

Final Peer Evaluation Due

May 4th, 2022 Evaluation evaluation
Final Self Evaluation Due

Final Self Evaluation Due

May 4th, 2022 Evaluation evaluation

Key Milestones & Project Process

Project Resources

There are no resources currently available

Company Supervising Team

There are currently no supervisors assigned.

School Supervisors

There are currently no supervisors assigned.