The customer development process provided us with keen insight early in our product development cycle.
FORBES: How to Incubate A Media Business -- Appealing to an Audience
That 10-15-year product development cycle john2011 alludes to still poses problems to speedy financial analysis and decision-making of this particular industry.
Samsung, and competitors like HTC, have reduced the product development cycle to 12 months and Apple simply is not ready for it.
FORBES: Will The Samsung S4 Launch Drive Apple's Share Price Down?
Having visibility into and control of products while they are in digital form allows companies to make decisions that have maximum impact on the cost to design, source and retire products earlier in the product development cycle.
"Our product-development cycle has gone from 240 weeks to 24 weeks, and we can lay out a national network in 6 to 8 weeks, " Chandran says.
While Huber knew next to nothing about wireless technology when he took on Project Beacon, he did know that any successful wireless product-development cycle would have to move much, much faster than the usual automotive life cycle.
Over the past few years, Ryan has implemented an improved methodology for product delivery at Sprint which has reduced product cycle times and saved the company millions of dollars annually in rework and development costs.
The Lean Startup approach essentially attempts to help entrepreneurs identify and test their key hypotheses about a business by radically shortening the development cycle using what Eric has labeled a minimum viable product.
FORBES: The Mystery of Repeatable Innovation and the Startup Lessons Learned Conference
The changes will allow Ford to cut 8 to 14 months from its vehicle-development cycle, says Derrick Kuzak, Ford's new product development chief for the Americas.
Unlike Toshiba, which pioneered the laptop computer and has learnt to live with the jittery pace of development and capital expenditure of the computer industry, Hitachi still saunters to the 20-year product cycle of heavy-electrical machinery.
应用推荐