How product development can be accelerated while reducing time to market?
The product development acceleration involves the following things:
- Assessing the competitive edge and positioning of different players.
- Estimating the market potential of different product segments.
- Estimating technology scalability, time to market, risk associated, etc.
- Assessing opportunities by identifying customer needs, industry gaps, tracking new entrants, etc.
- Assessing in implementing various products towards high spectral, efficiency, low power consumption, and cost effectiveness.