Stories & Features

Taking into consideration that the failure rate of new product development is somewhere between 25 – 45% and that only one new product launch succeeds out of seven ideas, it’s obvious that having a standardized innovation process is critical for saving your company time and money. Although it can differ based on the individual needs of a company, there are several approaches that can be used for formalizing a Product Development Process (PDP). Discover 3 of the most recognized PDP.
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How do you define your products checklist for new product development? Find a list of questions to consider as you and your team brainstorm product ideas.
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In business, the product innovation process translates ideas into a good or service that creates value and satisfies the needs and expectations of their customers. There are many different ways a company can innovate, but all companies should consider four types of innovations to stay relevant in their market. Learn more in this resource.
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Product development is the process of taking ideas from the initial concept to the point where a product is launched in the market. Alternatively, it can also be recognized as the method of a formal process followed by a business. Over time, the product development process has evolved and become much more efficient with an iterative fusion of different disciplines. Discover the benefits of fine tuning your product development process.
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The participation of a supplier that utilizes their own PDP internally can improve both the effectiveness of the product development outcome as well as the efficiency of the product development process. The effectiveness of a supplier is related directly to how well they perform compared against the desired product outcome, while efficiency is related to development costs and the required time for the supplier to complete development. Discover the short term and long term benefits of strategic partnership
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Have an idea? Looking to partner on a new project? The first step in a new product development project is a proposal. Find guidelines from IDEX Health & Science on how to create a project proposal engineered for success.
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We deliver quality technology on time to secure your success in highly competitive markets. The more complex a system gets, the more complicated the process required to build it becomes. We simplify product development with our disciplined process that aligns our expertise with your business objectives to take you from conception to market easier.
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What is proteomics and how does it differ from genomics? This post will discuss the definitions of proteomics and genomics, how they differ, and how life science applications are benefiting from this new approach to protein analysis.
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Check out our case study where time-to-market was key for the customer. We were able to deliver a custom manifold with iterations made during development
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Using an optical profilometer and microscopes, our team of experts analyze the critical components of rotary shear valves to design your best flow path.
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