Bringing a product from concept to commercialization is hard. You’ll face many challenges. It is often difficult to see the impact and costs of a mistake. Is it minor or damaging? And, how likely is it that the same error will happen again?
This calculator includes visible costs such as team expenses and tooling along with strategic cost impact from lost market opportunities and customer dissatisfaction. Input your business details, select a challenge, and see the real-world cost impact as validated by our customers.
This scenario cost calculator is a valuable tool to estimate the costs of mistakes and inefficiencies that can occur in business processes. While many companies see savings in these areas as a result of using Arena products, actual cost savings will vary based on a variety of factors and this calculator should not be used as a guarantee of any cost savings from the use of specific products.
“Seventy-nine percent of new products miss their launch date due to longer iterative cycles of new product development processes.”
—Accenture Research
Eliminate mistakes, quality issues, and new product delays with a cloud-based single source of truth. Arena’s product lifecycle and quality management solutions enable you to bring high-quality products to market fast.