How product development can be accelerated while reducing time to market?

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.
  • Implementing various products towards high spectral, efficiency, low power consumption, and cost effectiveness.

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