Gartner Research

Maximize ROI by Employing a Modular Hardware Product Development Process

Published: 28 June 2019

ID: G00390305

Analyst(s): Matthew Flatley

Summary

A rigid approach to hardware product development can undermine speed to market and waste resources. Product managers can maximize commercial success by tailoring the development process to accelerate time to market and improve ROI.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Ensure Ownership of the Product Development Process by Gaining Senior Executive Approval and Authorization at the Planning Stage
  • Eliminate Unnecessary Development Steps by Creating a Flexible, Modular Product Development Process Model
  • Demonstrate Improvements in Key Metrics by Piloting a Tailored Product Development Process

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