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Ep. 190 - Paul Powers, CEO of Physna on Machine Learning, 3-D Data, and Building Startups in the Midwest

Ep. 190 - Paul Powers, CEO of Physna on Machine Learning, 3-D Data, and Building Startups in the Midwest

FromInside Outside Innovation


Ep. 190 - Paul Powers, CEO of Physna on Machine Learning, 3-D Data, and Building Startups in the Midwest

FromInside Outside Innovation

ratings:
Length:
19 minutes
Released:
Mar 10, 2020
Format:
Podcast episode

Description

On this week's episode of Inside Outside Innovation, Brian Ardinger, Inside Outside Innovation Founder, sits down with Paul Powers. Paul is the CEO and co-founder of Physna. They talk about innovation in the manufacturing space, 3-D data, trends Paul is seeing from the CES conference, and building a startup outside the Valley in Cincinnati, Ohio.Inside Outside Innovation is the podcast that brings you the best and the brightest in the world of startups and innovation. I'm your host Brian Ardinger, founder of insideoutside.io, a provider of research, events, and consulting services that help innovators and entrepreneurs build better products, launch new ideas, and compete in a world of change and disruption. Each week we'll give you a front row seat to the latest thinking tools, tactics, and trends, and collaborative innovation. Let's get started. To read the interview transcript, go to insideoutside.ioInterview TranscriptBrian Ardinger:  Welcome to another episode of Inside Outside Innovation. I'm your host Brian Ardinger, and as always, we have another amazing guest. Today we have Paul Powers. Paul is a Forbes 30 under 30, a graduate of Heidelberg University with a law degree.  He is an astronomy and astrophysics alumni at Harvard. He's a serial entrepreneur, and his most recent startup company is Physna, which he started in 2015. Welcome to the show, Paul. Paul Powers: Thank you. Brian Ardinger: You've got a pretty extraordinary background.  I wanted to have you on the show for a couple different reasons. One, because you're a young founder out there in the world building some interesting things.  Your company Physna is in the manufacturing space, and we haven't had a lot of folks on the show to talk about manufacturing innovation.  I thought it'd be a really good opportunity to start the conversation with, tell us a little bit about Physna and what does it do. Physna and 3-D DataPaul Powers: So Physna is short for physical DNA. And what we do is we take three-dimensional data and we normalize that down into something that software can actually read. And we help to bridge the gap between software applications that are tech space of two dimensional, and the real world essentially, which is obviously physical and three-dimensional. We do that through a series of proprietary algorithms and we applied machine learning to our technology so that we can actually not only break down and comprehend what we're looking at, but also make predictions about how humans might classify that, that might be used for, how you might make it, what are my costs, how's my performance, certain situations, et cetera. The most common use cases for the technology are to use it to help with engineering, to speed up the process so that you're not redesigning things from scratch and helps you make predictions about what you're trying to design and speed it up.It helps in procurement by understanding what options you have. What suppliers might be able to provide the components that this thing has inside of it and who might be able to manufacture it, at what costs, et cetera. And then under the manufacturing side, understanding how to manufacture those, how it might turn out qualitatively, predicting quality, and a number of users out there who use it for a couple of other things marked miscellaneous use cases. We do have some work that we do together with the military, for example, to identify parts in the fields that aren't necessarily even a CAD model at that point. They can use AI or an image or even a 3-D scan to figure out what something is and more information about it. Journey to Finding Patent ProblemsBrian Ardinger:  Tell us a little bit about how you got started in this space. My understanding is you started with a law degree and a law background. How did you get to designing software to attack the patent problems and everything else in the physical world? Paul Powers: It's not obviously a very direct line between those two things. What happened
Released:
Mar 10, 2020
Format:
Podcast episode

Titles in the series (100)

Inside Outside Innovation explores the ins and outs of innovation with raw stories, real insights, and tactical advice from the best and brightest in startups & corporate innovation. Each week we bring you the latest thinking on talent, technology, and the future of innovation. Join our community of movers, shakers, makers, founders, builders, and creators to help speed up your knowledge, skills, and network. Previous guests include thought leaders such as Brad Feld, Arlan Hamilton, Jason Calacanis, David Bland, Janice Fraser, and Diana Kander, plus insights from amazing companies including Nike, Cisco, ExxonMobil, Gatorade, Orlando Magic, GE, Samsung, and others. This podcast is available on all podcast platforms and InsideOutside.io. Sign up for the weekly innovation newsletter at http://bit.ly/ionewsletter. Follow Brian on Twitter at @ardinger or @theiopodcast or Email brian@insideoutside.io