Product Development Processes Do you recognise any of these comments in relation to your company's new products and services: · "New
products take too long to reach the market, and we rarely deliver them
when we say we will" When compared to other business decisions, new product developments carry higher than normal levels of risk, not least the financial risk of investing large sums of money. Using our experience of bringing new products and services to market we have developed a tool, Paratus, which assesses and analyses product development processes quickly to identify where improvements and enhancements can be made. The tool has been developed over a number of years to provide a measure of the relative effectiveness of a company's product development process, benchmarked against industry best practice. You can use the output from Paratus to: · Reduce
time to market Critically reviewing how new products are developed and launched into the market can highlight weak spots. We have found that small improvements can bring about rapid tangible benefits. Action IT consultants have used Paratus to assess the relative strengths of product development processes for a number of clients both in the UK and overseas.
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