Product Development
Product Development
globeELIXIR Innovation for its clients assumed considerable importance in the contemporary business world. In most CROs and Industries, the very survival of firms is increasingly dependent on their ability to rapidly develop and introduce innovative products and services. At the same time, information technology (IT) has emerged as a critical resource for companies to enhance the efficiency and effectiveness of their product development activities.
globeELIXIR provides an introduction by tracing the evolution of research on product and service development and the increasing focus on IT-related issues in this context. Both traditional and emerging areas of research on IT and product development are identified.
globeELIXIR is heavily investing in information technology (IT) to enhance their market performance and competitiveness in accordance to CROs. globeELIXIR also offers valuable opportunities in new product development for industrial companies. Several clients report that they successfully use globeELIXIR IT team in their new product development activities. globeELIXIR explores how IT can be used to facilitate new product development activities and discusses its potential. globeELIXIR also provides guidelines for successfully implementing IT in new product development.
globeELIXIR influence in the design and development of new products as well as in the efficient execution of the business is that of information, and in particular its access, distribution and subsequent usage by the design team. However, the combination of the wide variety of formats used in the delivery of this information and the diverse range of locations from which it may be obtained result in a number of problems that cannot be easily resolved simply by continually investing in information technology (IT).
globeELIXIR focuses on the use of information within new product development and reports on the use of IT to support this. It provides an improved understanding of the methods by which members of the design team currently retrieve, apply and subsequently transfer their information. globeELIXIR Implications on the future development of IT systems are considered in view of global requirements of CROs.