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Product Development
To keep pace in an expanding global marketplace, businesses are under increasingly intense pressure to develop and launch new products at ever greater speeds.
Consumers around the world are highly informed, expect customizable products, and are more focused on value than brand. Businesses must meet differing customer needs and must compete in highly diverse markets. At the same time, product technologies are converging; as a result, a broad range of new skills are required to develop and launch new products
At Uttamatvam, we have a strong background of leading and managing large product development programs and teams that have delivered successful working products to large enterprises.
We strictly follow the 7-step approach before committing to the customer on the “Art of possible”.
We have well defined approaches for product development process to be successful for our customers.
Product development organization are going to have to work with a partner, or several partners, to make their way through the stages involved in taking a product to market. Otherwise, it would be far too costly and complicated to make their idea a reality. The C2M journey 5 key steps, at each step customer becomes the CORE component of planning, execution, and delivery.
Solution design is a key area of a product development life cycle, in this framework we start with understanding the users, their issues and then identify the possible solutions for the user group. This framework ends with creating a prototype and testing the solution in the market to check the market fit.
Most organization miss the critical part of the product development life cycle, which is post deployment to production or after the product goes live. It is important to invest and plan in a RFT™ (Right First Time) product or to decide if you are adopting an MVP (Minimal Viable Product) approach. However, in view of the customer experience a strong and reliable post production support is a mandate which needs to be planned ahead of time.