Small companies are often the source of industry innovation and new product design. However, many wonderful ideas for product improvement and new products are lost because of the difficulty of getting ...

Technology products are not static. They evolve in response to shifts in the market or changing customer expectations. The most successful companies prioritize product development to maintain a ...

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

While the digital revolution has brought with it many conceptual changes, one of the most pronounced is that of the version release. Your phone is considered outdated if it’s a year old, and obsolete ...

While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

Opinions expressed by Entrepreneur contributors are their own. Working on a new product is always an exciting and risky process, even when you have all the data suggesting that the product is a win.

Jodi Daniels is a privacy consultant and Founder/CEO of Red Clover Advisors, one of the few Women’s Business Enterprises focused on privacy. Remember how seatbelts weren’t mandatory for car ...

One of the most critical — but often overlooked — foundations of Toyota’s competitive advantage is its product development engine: its system for conceiving and designing new cars. Working steadily on ...

Product development is key to business success. It determines every new product's final cost, what features it will have, and whether the company will make money selling it. And many companies track a ...