Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Every founder and CTO wants their software product development to be accomplished on time ...

The challenges of product development may never disappear, but with AI as a core part of the process, I believe the sky is ...

Releasing a new product is not a task to take lightly. If the product does not sell as planned, it is a wasted investment in advertising, inventory costs and manufacturing. To avoid this scenario, it ...

Yesterday’s product development lifecycle relied on documents, estimates, handoffs, and releases paced by meetings. Today a ...

Product development, no matter the industry, is both an art and a science. Bringing a concept to life requires intensive research, ingenuity, risk-taking, iteration, testing, and a little magic. More ...

FMEA has several variants that allow for minimizing risk throughout product development. Design FMEA is a handy means of ...

Product development is facing a fundamental challenge. Unfortunately, at the very moment when companies need to make better products more efficiently, previous performance innovations in product ...

Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...

Integrating your major suppliers into the new product development process can shorten development times and reduce risk. A strategy to perform such an integration effectively has to ensure suppliers ...

Product development may be understood generically as all the things that happen from the initial conception or invention of a product to the point when a product is launched into the market. It can ...