Smart engineering using PSV-S concepts

Abstract

The paper describes a new concept of smart engineering using PSV-S concepts for wealth creation. It expands engineering coverage from traditional product developments, service engineering, to value creations. It describes a PSV-S to be an engine driving forces and value exchanges. The paper also argues that PSV-Ss should be the output of any modern engineering. Furthermore, it proposes to use a special PSV-S to engineer PSV-Ss. In this smart engineering, a computing model of PSV-S undergoes an evolution resulting in a desired PSV-S for a specific engineering problem.