Sensors Converge 2024

Presentation
: MEMS Commercialization Report Card Study for 2023

Thursday, June 25, 2024
3:20 p.m. to 3:40 p.m.


TOPIC:
Results of the 2023 Mems Industry Commercialization Report Card: Overcoming Challenges / Exploiting Opportunities

NOTE: Get the Roger Grace Associates Friends and Family discount of $100 by using the discount code: RGRACE100

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ABSTRACT:
This presentation provides the results of the recently completed 2023 MEMS Industry Commercialization Report Card Study (Report Card). The Report Card Study is conducted annually by Roger Grace Associates, beginning in 1998. Thus, 2023 marks its 25th (Silver) Anniversary.

Establishing the specific topics of the Report Card required extensive market research on the general topic of technology commercialization and resulted in the selection of several critical success factors (a.k.a. topics) deemed essential to the successful commercialization of MEMS technologies. The Report Card project began with nine topics in 1998 and by 2003 it had expanded to 14 based on continuous reassessment of the constantly changing dynamics of the MEMS industry.

The purpose of the Report Card is to provide MEMS industry participants with an objective assessment of these critical success factors over time and to provide a pragmatic and actionable tool to help them better understand, respond to, and exploit the ever-changing dynamics and opportunities afforded by the MEMS industry. The Report Card has been developed not only to help assess the progress of the commercialization of this technology but more importantly to serve as a vehicle to help industry participants overcome the many barriers to the successful commercialization of MEMS and to exploit its many and various opportunities.

The Report Card is unique in the technology commercialization strategy sector and to the MEMS industry. It has been widely published and presented worldwide since its introduction in 1998 and is widely acknowledged and accepted as a valuable tool for MEMS industry participants to create winning business strategies for their organizations. It presents the grade levels assigned by more than 50 participants.  Most importantly, participants provided over 75 verbatims addressing their rationale for the grades provided.
The summary and recommended actions to be presented provide details as to how the participants used strategies to overcome the barriers to MEMS commercialization and how they successfully addressed overcoming the lingering effects of COVID-19. Additionally, it provides their explicit responses to the opportunities they consider likely to be provided by the recently funded Chips Act.

NOTE: Get the Roger Grace Associates Friends and Family discount of $100 by using the discount code: RGRACE100

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