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Front End Innovation
Front End Innovation is the starting point where opportunities are identified and concepts are developed prior to entering the formal product development process. Innovation on the Front End is where exciting breakthroughs are created through a process that allows for creativity and value creation in a systematic manner different from the formal development process. In the Front End, idea genesis, opportunity validation, and concept development are dynamic and consists of adaptive interactions between involved participants with varied skills. They create, evaluate, analyze and iterate many alternatives and external technologies into potential breakthrough opportunities. The final result is a product concept including potential external technology partners, conceptual business model, preliminary product specifications, and the formation of a corporate sponsor team, a startup action plan, and Go/No Go milestones for insertion in to the formal development process. Although less expe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Product Development
In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along with various business considerations. New product development is described broadly as the transformation of a market opportunity into a product available for sale. The products developed by an organisation provide the means for it to generate income. For many technology-intensive firms their approach is based on exploiting technological innovation in a rapidly changing market. The product can be tangible (something physical which one can touch) or intangible (like a service or experience), though sometimes services and other processes are distinguished from "products". NPD requires an understanding of customer needs and wants, the competitive environment, and the nature of the market. Cost, time, and quality are the main variables that driv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minimum Viable Product
A minimum viable product (MVP) is a version of a product with just enough features to be usable by early customers who can then provide feedback for future product development. A focus on releasing an MVP means that developers potentially avoid lengthy and (possibly) unnecessary work. Instead, they iterate on working versions and respond to feedback, challenging and validating assumptions about a product's requirements. The term was coined and defined in 2001 by Frank Robinson and then popularized by Steve Blank and Eric Ries.W. S. Junk,The Dynamic Balance Between Cost, Schedule, Features, and Quality in Software Development Projects, Computer Science Dept., University of Idaho, SEPM-001, April 2000. It may also involve carrying out market analysis beforehand. The MVP is analogous to experimentation in the scientific method applied in the context of validating business hypotheses. It is utilized so that prospective entrepreneurs would know whether a given business idea would actu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Front End (other)
Front end may refer to: Computing * Front-end (computing), an interface between the user and the back end * Front-end processor (computer), a small-sized computer * Front-end processor (program) * Front-end web development, the practice of producing HTML, CSS and JavaScript for a website or web application * Front-end API, a type of application program interface * Compiler front-end * Debugger front-end Other * Front-end bra, a stretchy type of vinyl that attaches to the front of a car * Front-end, the foremost of a vehicle body * Front-end engineering * Front-end load, a charge in investing * Front-end loader, construction equipment * Front-end loading, in project management * Front End Loader, a band * RF front end, in electronics See also * * * Front (other) Front may refer to: Arts, entertainment, and media Films * ''The Front'' (1943 film), a 1943 Soviet drama film * ''The Front'', 1976 film Music *The Front (band), an American rock band signed to Columb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |