To some, "new product development" means inventing something new. In reality, though, most new products are modifications of existing products or ideas. Sometimes, adding an element of service onto an ...

Product development is facing a fundamental challenge. Unfortunately, at the very moment when companies need to make better products more efficiently, previous performance innovations in product ...

Product development, no matter the industry, is both an art and a science. Bringing a concept to life requires intensive research, ingenuity, risk-taking, iteration, testing, and a little magic. More ...

Computer-aided designs, such as this model of a fingertip-sized heart pump, can reduce the number of physical prototypes that must be made. Computer-aided design (CAD) is a tool intended to facilitate ...

When speaking of design, people often refer to the user experience (UX) or user interface (UI) but, in fact, design is also a product development process, involving architecture and infrastructure.

In a consumer-driven economy, meeting customers' needs and wants has become paramount in generating long-term success and growth. Product development is key to maintaining and acquiring customers and ...

"Necessity is the mother of invention." A quote attributed to the Greek philosopher Plato, the words continue to ring true nearly 2,400 years after his death in a vast array of situations and provide ...

CEO and cofounder of software development company KITRUM. Have an incredible team of skilled developers spread all over the world. Once you come up with the idea of creating a software product and ...

Product developers enjoyed a fairly predictable environment for most of last century. After the arrival of the assembly line early in the century, changes in design and manufacturing were incremental.

This is a one (1) unit course. The ability to develop new products and bring them successfully to market is a critical capability for all companies. Often there is insufficient attention paid to the ...