New Product Development

8 Phases of New Product Development

Table of content Ideating or initial ideas Idea screening Concept design & development Business analysis Modeling Test marketing New product launch Difference between New Product Development &...

New Product Development: Desktop tool vs on Cloud?

Desktop-based product or Cloud-based product? When developing a new product it is always a central question and now with more and more traditional desktop products are moving to the cloud it makes a...

Outsourcing Product Development

Outsourcing development activities has become an essential component of any successful business strategy these days. As the global competitive market is gradually changing, product based companies are...

NPD/ID vocabulary

Bill of materials (BOM): A table containing a list of the components and the quantity of each required to produce an assembly. Brief: Instructions and requests provided to design team prior to the...

What is a Patent?

Before you get an answer to that question, take a moment to ask yourself – what are the advantages of having a real estate property to your name? On similar terms, patent is an intellectual...

The New Product Development Process

You might be a seasoned design professional thinking “What do my bosses sit around and do all day while I do the real design work”. This section outlines and explores the various early stages of...