3 Responses to “10 Tips for Innovative Companies”

  1. Arnie Says:

    We always believed the last 10% of a product development cycle (especially software) took as much time and expense as the first 90%.

  2. Sarathy Says:

    You are right Arnie.

    Getting out to the market with a pretty good product is the key. And the inputs from the market validate our further course of action and prevent wastage of resources towards unwanted or unnecessary features. However there are two things to be reminded:
    1. Our product or service should solve some real world problem of the users and
    2. The end users are the ultimate reason for the existence of the product or service.

    D Sarathy.

  3. Alex U Says:

    There are new online technologies to quickly test products before launch. For example, in the highly competitive, generally low-margin CPG (Consumer Packaged Goods) industry, lack of product features, or suboptimal package design can spell disaster. How can you make sure your product stands out on the shelf? My company (Affinnova) uses evolutionary technology to test products and simulate a market place. This allows our clients to gage the demand and most valued product features before commercialization.

    This goes along with the last point Sarathy made - Customer is always right. :)

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