• Tech-Clarity’s BOM Management Buyer’s Guide - Boost Performance with Digital BOMs provides criteria for manufacturers to evaluate software solutions to support their Bill of Material and product structure data and processes. Tech-Clarity’s Buyer’s Guides go beyond software functionality to provide a framework of requirements that impact implementation success and long-term ROI, including:Software requirements Implementation Integration User adoption Support Vendor characteristics / attributes Industry or unique business needsPlease enjoy the summary below, or click the report to … [ read more ]

    BOM Management Buyer’s Guide
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    Producing Food and Beverages in the Digital Age (video)
  • How do chemical companies apply digital to the chem lab? Digitalization is streamlining the way companies innovate and bring products to market. Tech-Clarity's Jim Brown will share findings from his research on how chemical companies leverage the digital enterprise to improve efficiency and reduce cost while dealing with mounting regulatory and sustainability pressure.Register for the December 13 webcast (free of charge, registration required). Sponsored by Dassault Systemes BIOVIA. … [ read more ]

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  • This Tech-Clarity TV animation explains how companies can combat industry disruption from new, innovative companies and business models in the food and beverage industry by adopting the digital enterprise. It's no secret that companies like Amazon, Blue Apron, HelloFresh, and more are changing the way consumers and consumer packaged goods companies relate. This video shares how companies can become more innovative and agile to compete with these challengers through the value of digitalization, and provides an example of what a digital food and beverage company looks … [ read more ]

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  • Join Tech-Clarity's Jim Brown in a lively discussion with Planview NPD Evangelist Carrie Nauyalis discussing how to effectively measure product innovation. The duo will discuss the pitfalls of measuring innovation based on prior performance, the top five measures companies can use to measure innovation capability, and what's needed to get started measuring innovation to improve outcomes.Register for the November 30th webcast now, sponsored by Planview (free of charge, registration required).  … [ read more ]

    Top 5 Metrics to Stop Measuring Innovation in the Rearview Mirror (webcast)

How to Beat Your Competition in Product Development (infographic)

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This infographic shares our research on how Top Performing companies achieve better NPDI performance than their competitors, excelling at revenue growth, margin expansion, and delivering innovative products. The infographic starts by providing a graphical view of the unfortunate truth about new product development, companies miss their quality, cost, requirements, regulatory compliance, project budget, and time to market targets far too often. The graphic shares perspectives from our research.

The piece is an Autodesk infographic leveraging data from our 7 Ways to Outperform Your Competitors in NPD research.

SPEAK YOUR MIND

  1. This does not provide any information about what type of product or product complexity is involved in the product being developed. It does not provide information about the industry the product is going into, the size of the company, the number of people involved in the project or budget for the project. The last thing missing is actual time to market for the top performers and the others.

    • Ed, you are correct. This is a generalization across industries, company sizes, and product types. The research was limited, however, to manufactured products so it does not include products such as financial services, etc. that also go through a NPDI process.
      We chose to focus on performance relative to competitors, as opposed to specific values for metrics like time to market, for that exact reason. As you can imagine, a time to market averaged across all of the factors you mention would be pretty much meaningless!
      Thanks for the feedback, we have more data than we can publish in a format like this (breakdowns by industry, etc.).

  2. Hi Jim, I find this Infographic very much useful to understand the benefits of moving towards digitalization and the impact to NPDI. No matter the type of manufacturing company, products and procesess, the competitors are struggling to win the time to market battle. Of course, keeping standards and high quality at the highest level. (@Jhidarey).

    • Thank you Javier,
      I couldn’t agree more. In our research, we often see that quality, reliability, and performance are the drivers for product success and profitability. But in many cases, those are simply expected in the market and the differentiation comes from agility and innovation – getting an exciting product to the market quickly.
      Thanks for your comment!
      Best,
      Jim

    • Thank you Javier,
      I couldn’t agree more. In our research, we often see that quality, reliability, and performance are the drivers for product success and profitability. But in many cases, those are simply expected in the market and the differentiation comes from agility and innovation – getting an exciting product to the market quickly.
      Thanks for your comment!
      Best,
      Jim

      PS – I tried to connect with you on LinkedIn but needed your email, let’s stay in touch

    • Thank you Jose,
      The study showed that companies that were achieving higher levels of NPDI performance placed more emphasis than others on time to market. That’s just one factor they focus on, it just happened to be a differentiating one. Getting the wrong product to market fast is probably not a good path to success, and certainly not to sustainable, profitable growth!
      Thanks for commenting,
      Jim

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