Let's Chat About Your Next Medical, Wearable or IoT Device Project
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Russ Singleton President Russ Singleton Consulting |
Aaron Joseph Principal Consultant Sunstone Pilot |
Walt Maclay President Voler Systems |
The challenges that product development teams and leadership face have to do with more than just technology. Complex medical devices take longer to develop, have bigger teams, and require a wider variety of expertise than developing simpler products.
Is your company struggling with innovation, with missing deadlines, with conflict between departments, or with low team morale in new product development? These issues are not simple to solve.
Hear from a panel of medical device experts about how to address these problems, about the successes and failures that they’ve experienced, and about how to give every product team the best chance for success.
Thursday, May 18, 2023
12:00 - 1:00 PM Pacific Time
Speaker:
Shmuel Silverman, CEO & Founder of Multi-Innovation
At every growth stage of your business, understanding and protecting your competitive edge is imperative in order to leverage the market and protect your business from competitors. In this webinar, we explored what a competitive edge is and how to strategically use their IP portfolio to protect their business.
Any seasoned engineering manager is likely all too familiar with the 90/10 rule. This development hurdle is one that often plagues projects, and it doesn't matter what type of device you're creating.
Without good project management, crossing the finish line might seem impossible.
So, what is the 90/10 rule?
In simple terms, it's the concept that 90% of the work needed to finish your project will take a mere 10% of the time. But that final 10% push to reach the end? It will eat up 90% of your timeline!
Think of it as an iceberg. If you think the ice you see peaking above the water is daunting, there's a lot more hiding below the surface.
Why does the last 10% create the most challenges?
In this series on developing a hardware product from idea to scale, we begin with the essential but often overlooked Concept & Feasibility phase. This blog explains the concept half of the process, which addresses the customer, competition, and costs of your product.
Mike Freier is Founder and Principal Consultant at the Product Management Consulting Group Inc. He has 20+ years of experience with high-tech companies, including more than a decade in product management and product marketing. Mike occasionally engages with the PRG organization, which is where the article above has been published.
PRG offers a “one-stop-shop” of outsourced New Product Development (NPD), New Product Introduction (NPI), technical and operations program management, VP of operations, regulatory compliance, reliability, cost reduction, and quality improvement services to help companies bring new electronic hardware products to market.
Voler has helped many premier clients turn device ideas into reality. Whether you are looking for Medical Device or Wearable Technologies, Industrial IoT Device Designs, Electronic Support, Hardware/Firmware/Software, Wireless, Sensors, Motion Control, Microprocessors or FPGA Development, Voler can help you along the journey – always with a focus on keeping risks low, and keeping projects on-time, on-budget, and easy to manufacture.