benefits of the new product development process

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IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited.

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  • 1. IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited.

2. WORKUNRELENTING DEDICATION TO GREAT PRODUCT DESIGN. IPS is a fully integrated team of designers and engineers providing end to end product development services. We believe that solid design, thoughtfully and carefully executed, results in an excellent user experience .IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited.ABOUTTEAMCONTACT 3. WORKARE YOU SOLVING THE RIGHT PROBLEM? There are many reasons why startups can fail. Two recurring issues are: 1) underestimation of product development efforts 2) off-target product/market fit Are you developing the right product? How do you know you are not supporting a technology looking for a problem to solve rather than a solution to a real user need? And if you are solving a real problem, will your first product actually meet the market need? It often takes at least a few revisions to get the alignment right. And in the worst case, your first product might be way off base. How confident are you in the product development cost estimations presented to you?IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited.ABOUTTEAMCONTACT 4. WORKABOUTTEAMPhases of NPD White Space Investigation1 -Technology watch/scouting Opportunities space identification Brainstorming Innovation Management Innovation Strategy/Road Map Scenario planningBridge Process between Innovation and Execution2 -3Phase-gate Product Development ProcessTechnical concept validation IP research & validation Experience prototyping User/customer testing Technical feasibility study Early cost validation Early supply chain validationVALIDATIONidea(s)IMAGINEDESIGNIPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited.BUILDLAUNCHCONTACT 5. WORKABOUTTEAMCONTACTDeck Furniture & Accessories AZEK Example: Product Development |Discovery (optional Phase One activity) Roadm ap Our investigative approach takes The discovery process is an into consideration m anufacturing investigative approach that takes capabilities, value added, distribution into consideration existing channels, etc. to identify business manufacturing capabilities, value opportunities. This close collaboration adds, distribution channels, etc. to betw een the tw o com panies has identify business opportunities for yielded a num ber of successful manufacturers. This illustration products such as a deck storage depicts a collaboration aimed at com partm ent, gate system s, and LED yielding a number of successful deck lighting.products such as a deck storage compartment, gate systems, and LED deck lighting.IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited. 6. CapabilitiesWORKABOUTTEAMPotential Disciplines Needed to Complete Phases of New Product Development Program ManagementMechanical EngineeringSenior Project Directors, Project Managers with Design, Engineering and BusinessElectronic and opto-mechanical system development for digital/analog products canDevelopment skills. Management of multi-functional programs from inception throughinclude mobile and handheld industrial and commercial environment or consumerproduct release and full life-cycle support.products including electronics and office products, outdoor furnishings and small home appliances. Productize molded, cast & optical parts, sheet-metal and welded construction. Analyze thermal, opt-mechanical systems, structural design andIndustrial Designmanufacturing tolerances.Ideate, strategize, design products and manage companys brand image throughSoftware Engineeringdesign. Provide consumer/end-user and stakeholder insight research, concept development, prototyping, CD surface development, engineering integration, testing, User Interaction and UI design. Graphic & web design can also be included.Embedded Systems Development in Windows, Windows Mobile, customized Windows CE & Android environments. Development and implementation low level, dedicated microprocessor based systems. Drivers for integration of multiple technologies indiverse hardware systems; wireless & wired communications, UI devices, video, imaging & audio.Electrical Engineering Analog System level design. Power supply design. Battery/power management. Opto-Application Development Develop and test SDKs and demo apps. Mobile, desktop and server based apps including web and database. Connectivity management. Software UI and user interaction design.electronic systems. Motor control systems. Sensing technologies & systems integration. EMI and ESD design including emissions and susceptibility analysis. Digital & RF Design microprocessor based systems. High end processor applications. Signal, video and image processing. Wireless and wired communications. High speed on-board circuitry.Optical Engineering Opto-Mechanical system layout, design of CCD and other imaging and optical sensing technology systems. Laser and mirror/lens systems. High speed zoom and auto-focus systems. Opto- mechantronic system analysis, prototyping & testing.Product Marketing and Communications Creative Services/Market Research: Marketing Communications, Research andIT ServicesAnalysis, Brand Development and Go to Market Strategy.IT Program Management, Data Center Setup, Data Center Automation, Asset Tracking, Systems Administration, Systems Engineering, Disaster Recovery Planning, Business Continuity, Technology Deployment Strategy, Systems Architecture and Field Failure Analysis.IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited.CONTACT 7. WORKWHAT BENEFITS DOES THE NPD PROCESS BRING? Identify your stakeholders. ALL of them. Test hypotheses. Understand budgets and timelines at the outset. Validate experiences, product features, technologies, and costs. Troubleshoot overall design before sending products down the traditional NPD process. Ensure your team has breadth and depth of experience to produce your product on time and on budget.IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited.ABOUTTEAMCONTACT