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.
Discover new product ideas by collecting and reviewing unstructured data via secure social networks. Collaborate on ideas with relevant stakeholders.
Leverage proven products to develop new designs. Use embedded analytics to change and manage product designs. Capture stakeholder input.
Develop a cost estimate using role-based dashboards. Roll-up product concept costs and measure against targeted budgets.
Develop new product concepts for distinct market segments, countries, or regions using what-if scenarios.
Collaborate with team members via secure social networks to ensure that each product alternative meets must-have requirements and cost objectives.
Use analytic dashboards to evaluate the trade-off between product features and costs. Select the best designs for funding and product development.
Use a smart phone, tablet, or desktop computer to move product designs forward for refinement or commercialization.