How can you reduce failure and minimize product cost?

Inaccuracies in product cost estimations and the lack of technology to correct it hurts companies that continue to develop and produce new products. Product costs that cannot be recuperated, and an i…

How to solve product development process challenges

To remain competitive in a world where technological advancements makes yesterday’s electronics obsolete tomorrow, companies are struggling through the product development process as they attempt to …

Why does new product development fail 80 percent of the time?

Somewhere between 50 and 80 percent of ideas from new product development fail.

To the outsider, this figure seems wildly exaggerated. But somewhere along the line, this statistic has made…