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 brings with it many misconceptions about what the process is truly like and how to ensure you're getting the most out of those you've hired to help. Be it product design, ...

Businesses around the globe are under pressure to shorten their product development cycles while reducing cost and maintaining quality. This is due to relentless competition, high customer ...

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 ...

A product life cycle is the typical stages a product goes through during its lifetime. The product life cycle is broken down into five different stages, which include the development, introduction, ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Kevin Bailey Artificial ...

As products of all kinds embed various levels of intelligence, software becomes a key differentiator—making the integration of software into the product development process critical. Intersection of ...

Toronto-based NeuronicWorks Inc. is a design engineering and manufacturing company that casts a Design for Excellence (DfX) lens over product development. DfX is a set of best practices intended to ...

The term Secure Product Development Framework (SPDF) was introduced by FDA in the draft guidance "Cybersecurity in Medical Devices: Quality System Considerations and Content of Premarket Submissions" ...

Outsourcing your product development requires various considerations, including requirement analysis, selecting the suitable cooperation model, hiring an agency or freelancer and avoiding a few ...