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Oracle Modern Best Practice—Concept to Design
Concept Formation to Design
Get new products to the market faster by synchronizing product development data and processes. Jump-start your innovation pipeline by using existing products to create new designs. Capture new ideas from different sources via secure social networks. Use analytics to create product concept alternatives and develop cost estimates. The following modern best practice helps you align and prepare your entire commercialization network to move the most viable new product concepts forward.
Mobile. Social. Analytics. Big data.Gather Ideas
Discover new product ideas by collecting and reviewing unstructured data via secure social networks. Collaborate on ideas with relevant stakeholders.
Mobile. Social. Analytics.Develop the Concepts
Leverage proven products to develop new designs. Use embedded analytics to change and manage product designs. Capture stakeholder input.
Mobile. Social. Analytics.Estimate the Costs
Develop a cost estimate using role-based dashboards. Roll-up product concept costs and measure against targeted budgets.
Mobile. Social. Analytics.Create Concept Alternatives
Develop new product concepts for distinct market segments, countries, or regions using what-if scenarios.
Mobile. Social.Validate the Concept
Collaborate with team members via secure social networks to ensure that each product alternative meets must-have requirements and cost objectives.
Mobile. Social. Analytics.Arrive at Best-Fit Designs
Use analytic dashboards to evaluate the trade-off between product features and costs. Select the best designs for funding and product development.
Mobile. Social.Advance the Designs
Use a smart phone, tablet, or desktop computer to move product designs forward for refinement or commercialization.