Benefits of the New Product Development Process

This powerpoint sums up the benefits of the new product development process.

1. IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited. IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited. IPS is a fully integrated team of designers and engineers providing end to end product development services. We believe that solid design, thoughtfully and carefully executed, results in an excellent user experience . UNRELENTING DEDICATION TO GREAT PRODUCT DESIGN. WORK ABOUT TEAM CONTACT

2. IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited. ARE YOU SOLVING THE RIGHT PROBLEM? There are many reasons why startups can fail. Two recurring issues are: underestimation of product development efforts off-target product/market fit Are you developing the right product? How do you know you are not supporting a technology looking for a problem to solve – rather than a solution to a real user need ? And if you are solving a real problem, will your first product actually meet the market need? It often takes at least a few revisions to get the alignment right. And in the worst case, your first product might be way off base. How confident are you in the product development cost estimations presented to you? WORK ABOUT TEAM CONTACT

3. idea(s) Technology watch/scouting Opportunities space identification Brainstorming Innovation Management Innovation Strategy/Road Map Scenario planning “Bridge Process” between Innovation and Execution Technical concept validation IP research & validation Experience prototyping User/customer testing Technical feasibility study Early cost validation Early supply chain validation White Space Investigation IMAGINE DESIGN BUILD LAUNCH Phases of NPD 1 2 Phase-gate Product Development Process 3 VALIDATION IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited. WORK ABOUT TEAM CONTACT

4. WORK ABOUT TEAM CONTACT Example: Product Development Discovery (optional Phase One activity) The discovery process is an investigative approach that takes into consideration existing manufacturing capabilities, value adds, distribution channels, etc. to identify business opportunities for manufacturers. This illustration depicts a collaboration aimed at yielding a number of successful products such as a deck storage compartment, gate systems, and LED deck lighting.

5. Electrical Engineering Analog System level design. Power supply design. Battery/power management. Opto -electronic systems. Motor control systems. Sensing technologies & systems integration. EMI and ESD design including emissions and susceptibility analysis. Digital & RF Design microprocessor based systems. High end processor applications. Signal, video and image processing. Wireless and wired communications. High speed on-board circuitry. Software Engineering Embedded Systems Development in Windows, Windows Mobile, customized Windows CE & Android environments. Development and implementation low level, dedicated microprocessor based systems. Drivers for integration of multiple technologies in diverse hardware systems; wireless & wired communications, UI devices, video, imaging & audio. Application Development Develop and test SDK’s and demo apps. Mobile, desktop and server based apps including web and database. Connectivity management. Software UI and user interaction design. Industrial Design Ideate, strategize, design products and manage company’s brand image through design. Provide consumer/end-user and stakeholder insight research, concept development, prototyping, CD surface development, engineering integration, testing, User Interaction and UI design. G raphic & web design can also be included. Mechanical Engineering E lectronic and opto -mechanical system development for digital/analog products – can include mobile and handheld industrial and commercial environment or consumer products including electronics and office products, outdoor furnishings and small home appliances. Productize molded , cast & optical parts, sheet-metal and welded construction. Analyze thermal , opt-mechanical systems, structural design and manufacturing tolerances. Program Management Senior Project Directors, Project Managers with Design, Engineering and Business Development skills. Management of multi-functional programs from inception through product release and full life-cycle support. Optical Engineering Opto -Mechanical system layout, design of CCD and other imaging and optical sensing technology systems. L aser and mirror/lens systems. High speed zoom and auto-focus systems. Opto - mechantronic system analysis, prototyping & testing. Product Marketing and Communications Creative Services/Market Research: Marketing Communications, Research and Analysis, Brand Development and Go to Market Strategy. IT Services IT Program Management, Data Center Setup, Data Center Automation, Asset Tracking, Systems Administration, Systems Engineering, Disaster Recovery Planning, Business Continuity, Technology Deployment Strategy, Systems Architecture and Field Failure Analysis. WORK ABOUT TEAM CONTACT Capabilities Potential Disciplines Needed to Complete Phases of New Product Development

6. IPS Company Confidential- Contains confidential and proprietary intellectual property of IPS. Disclosure of the information contained herein to any third party is strictly prohibited. WHAT BENEFITS DOES THE NPD PROCESS BRING? Identify your stakeholders. ALL of them. T est hypotheses. Understand budgets and timelines at the outset. V alidate experiences, product features, technologies , and costs. Troubleshoot overall design before sending products down the traditional NPD process. Ensure your team has breadth and depth of experience to produce your product on time and on budget. WORK ABOUT TEAM CONTACT