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Product Innovation
In the Flat World, R&D/ Product Development is faced with new challenges in introducing new products in shorter timeframes while focusing on operating efficiencies:
- Targeting “value” segments in existing markets through global cost structures
- Ensuring emerging market competitiveness by optimizing the cost-value equation and R&D globalization
- Developing new operating models for accelerating product development and commercialization
- Managing IP assets effectively by identifying and leveraging core platforms
- Creating and leveraging a 'winning ecosystem'
High-Tech companies need to shift from stand-alone R&D initiatives to open innovation, and measure performance on both strategic and operational parameters. Infosys’ Product Innovation solutions help you leverage new product/ market opportunities for collaboration and innovation and improve R&D effectiveness through robust concurrent engineering processes, systems and collaboration tools.
Infosys' Product Innovation solutions
Product Lifecycle Management - ERP Integration: Accelerates time-to-market and lowers product development costs through integrated processes, systems and collaboration tools.Lean Product Management (LPM): Improves product competitiveness by streamlining processes for product innovation and optimization, and managing metrics across the product lifecycle for predictable product maintenance and support costs.
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