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In today's business climate rapid access to, and implementation of, new technology is essential to enhance competitive advantage. In the past, universities have been used for research contracts, but to fully utilize the intellectual resources of education institutions, it is essential to approach these relationships from a new basis: alliance. Alliances permit both parties to become active participants and achieve mutually beneficial goals. This paper will examine the drivers and challenges for industrial -- university alliances from both the industrial and academic perspectives.

Stereo vision based sensing systems have gained significant attention during the last two decades due to its reliable and accurate obstacle detection and recognition capabilities. Such systems with advanced processing units are now widely used in partially automated vehicles to improve passengers’ safety and comfort level. A predictive suspension control system that could provide better ride comfort and safety to the passengers by detecting potholes in advance and control the suspension system accordingly has been investigated in this study. Potholes can become serious safety hazard and can often cause discomfort if not detected and maneuvered at the right time. In this paper, a novel stereo vision based pothole detection system is proposed that detects pothole and calculates its depth accurately.