• Leadership recognizes that the engineering team that supports the product line is probably the group most knowledgeable ...

In today's fast-paced digital world, delivering value swiftly without compromising quality is essential. Generative AI ( ...

Flexible Solutions International Inc. FSI, a producer of biodegradable polymers used in oil extraction, detergents, water ...

New product development is a crucial process for the survival of firms, especially small businesses. The small business environment today is very dynamic and competitive.

To some, "new product development" means inventing something new. In reality, though, most new products are modifications of existing products or ideas. Sometimes, adding an element of ...

Ryan Gray is co-founder and CEO of SGW Designworks, a full-service product development and engineering firm featured in The Lean Startup. In all things worth pursuing, there exists the ever ...

In product development, generative AI is aiding conceptualization. Generative AI is ideal for amalgamating a host of techniques, processes, and known solutions into new ideas and configurations ...

Find the latest product development news from Fast company. See related business and technology articles, photos, slideshows and videos.

In product development, there’s no such thing as a sure thing. Bringing a great product to life requires equal parts science and art (and even a little magic).

Another example of AI-generated insights informing PepsiCo’s product development came when research found consumers were interested in immunity, which led it to start producing Propel Water with ...

The same thing is happening now in product development. “Engineers and designers understand the need to iterate faster, to collaborate seamlessly, to communicate better,” he says.

Product development involves crafting the financial products available to a firm's clientele. It's having a huge impact in the field of financial services.