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Do your products seem to miss the mark on innovation?If you answered “yes,” then agile product development may be a good fit for your business.Today, manufacturers are constantly revisiting their new product development (NPD) strategy to address fluctuating market conditions and gain a lead on the competition. With ongoing supply chain disruptions, evolving regulatory requirements, and...
In 1962, who would’ve thought the animators from Hanna-Barbera Cartoons in Los Angeles were already experimenting with urban air mobility (UAM)? Their cartoon, “The Jetsons” was living proof digital transformation was just around the corner. The cartoon sitcom featured a futuristic space-age family living in Orbit City. “The Jetsons” invited its viewers to envision the incredible possibilities...
It’s getting harder for product manufacturers to compete successfully in today’s global economy.According to research, approximately 40% of developed products do not meet their commercialization targets 1,2. And only 55% of product launches take place on schedule3. These statistics are not surprising as more and more companies grapple with part and labor shortages, ever-changing regulatory...
