While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

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 ...

SDLC guides teams to plan, build, test, and deliver software. Discover phases, KPIs, tools, and checklist with our quick ...

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

How many new products do you think brands and retailers create annually? Here are some examples. Zara releases about 20,000 new styles every year. And Ikea claims to develop over 2,000 new products 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 ...

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 ...

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

All product categories have a specific life span called the product life cycle. The product life cycle can pertain to unnamed products as well as those associated with a specific brand name. Many ...

[Editor’s note: This is part of a series we’re writing about branding for startups. Join our latest initiative to find the best brand designers and agencies in the world who work with early-stage ...

Opinions expressed by Entrepreneur contributors are their own. According to Statista, around 74% of businesses outsource IT services, and 87% have stated their desire to maintain or increase their IT ...