Releasing a new product is not a task to take lightly. If the product does not sell as planned, it is a wasted investment in advertising, inventory costs and manufacturing. To avoid this scenario, it ...

A product life cycle is the typical stages a product goes through during its lifetime. The product life cycle is broken down into five different stages, which include the development, introduction, ...

Let’s roll back to the basics and discuss a few innovation tips that I think all software developers should understand. My company produces software-enabled solutions that aim to solve problems while ...

Over my 30 years of leading the creation of innovative new products, processes and services, I’ve learned what makes for successful new product development and innovation. It goes far beyond designing ...

Whether you're a serial entrepreneur or new to the startup world, creating a product is not usually a simple task. There are many distractions that can come into play that can deter you from reaching ...

Product Lifecycle Management (PLM) is a critical facet of business strategy that guides a product from inception through to its eventual withdrawal from the market. The concept of PLM recognizes that ...

Reports from academic studies, market surveys and consulting firms all show a failure rate between 70% and 90% of new products in the Consumer Packaged Goods industry [1]. In this mercilessly ...

Whether a device is a Mac, iPhone, or iPad, every piece of hardware Apple makes needs to go through several prototype and development stages. Here's what that looks like, and what Apple calls each ...

Making launch dates might be more important based on the size and scale of a company. However, missing launch dates can hurt any company. Why Do Most New IoT-Enabled Products Fail? IoT-enabled ...