Product Development
We understand that innovation is a key to success and growth acceleration in many companies. We help companies bring ideas from inception to the marketplace.
Product Development or Product Management is a sequence of steps that include the conceptualization, design, development and marketing of newly built or newly re-branded services.
For many companies, the prime motive behind product development is acceleration in growth to improve, maintain and cultivate a company’s market share by offering products and services to attract customers. What is your motive?
Product development is very productive and its discipline demands a systematic approach to manage the process.
We offer varieties of services to companies:
Idea Analysis and Proof of Concept:
It includes a detailed evaluation of the product idea. It is observed if the idea is possible or it is within a relevant business context to the company. The idea can be extended to Proof of Concept to assess feasibility of the concept.
Concept Genesis:
It involves applying an identified product opportunity into a solid concept.
Product Development:
This secures the concept has passed and now is defined to make business value and sense.
Design Criteria Identification:
It involves brainstorming the possibility of new products and after the classification of an idea as a prospective product, a more formal product development strategy can be applied.
Prototyping:
In this, a rapid prototype for a product is created that has been decided to have business value and relevance.
Profusion Systems helps companies bring ideas from inception to the marketplace using proven frameworks. Do you have a product idea that needs to be elevated from inception? Call us today!