Today, the advanced economies of the world are moving from the production of tangible goods to the development of intangible intellectual property (IP). The frontier of IP development is still relatively new and is in much the same place as pre-Revolution manufacturing. Software, ASICs, marketing campaigns, and many other fields still, by and large, produce objects of art by the work of a relatively small number of masters and understudies. However, industry can be seen to be experimenting with this concept. In particular, contemporary software development is often a global effort with development teams distributed across North America, Europe, Russia, India, and Australia, to name a few common places. This strategy allows for an efficient design process that has a faster turnaround time. It provides the firm with access to high-talent designers who would otherwise have to move to a different country, or work at odd hours of the night. The creation of professional service teams that transcend geographic and temporal boundaries offers the potential to change the face of many industries. This new innovation will dramatically impact the manner in which companies build, test, sell, and support their products and services. The 24-hour knowledge factory can therefore deliver many benefits. However, there remain significant challenges in communication, collaboration, project management, and administration in this novel business environment. Dr. Gupta's goal is to generate new ideas, explore many alternatives, and conduct research and development of new processes and systems that will make a significant contribution to the realization of the 24 hour knowledge factory.