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Product Development Life Cycle – Understanding The Steps and Stages!

The product development life cycle consists of many important aspects to consider when you want to develop a new product from scratch. As an entrepreneur or product creator may know, the product is the sole reason behind creating interest among customers and driving sales. However, the process of taking your half-baked idea from inception to product launch is hectic and somewhat complex. One should know that each process of the product development life cycle will be a little different based on the end product. However, the process is almost the same when looking at the main steps of product development.

A step-by-step plan is indeed crucial when we are talking about new product development, of course, if you want the product to succeed in the market. Each and every phase of product development has its own importance in the product development cycle. Whether you are a newcomer or an experienced entrepreneur opting for building a creative and powerful product from scratch, you will need to find an expert product development company such as GID Company. Let’s move forward to find out more about the product development life cycle and process.

What is Product Life Cycle?

The product life cycle is the amalgamation of stages a product goes through from its launch in the market to termination. There is a minor difference between the product life cycle and the product development life cycle. That’s the reason why most people often consider both terms the same. You will get more ideas by comparing the important stages of the product life cycle and product development life cycle. The main stages of the product life cycle are as follows:

Introduction

The product is in the introduction phase and new to the market. The introduction phase begins once the product is launched in the market for the end user. The customers or end users will use the product for its specific purpose.

Growth

When the product is becoming popular among its customers, it will be gaining traction and grow consistently. The growth stage will depend on various factors such as the quality of the product, the price range, and how useful it is for people.

Maturity

The product reaches the maturity stage in the product life cycle when it reaches peak market penetration. The product reaches its maximum limit to grow in the market and eventually, will keep holding its position or degrade over time but not exceed the peak point.

Decline

The product will lose its market share over time after it obtains the maturity stage. The product may have to be discontinued under circumstances where the product owners deal with the loss for a considerable period of time.

Product Development Life Cycle For New Products

Basically, a product life cycle is a process of developing a new product by generating a new idea and defining the development process to creating a product prototype model and later on, developing, and launching the actual product. The product development life cycle actually describes how a product goes through each and every stage from inception to launch.

The process actually explains how the new product ideas are actually brought to the market after their successful and precise design and development. The product development experts will craft a well-planned and efficient process to ensure reducing the risk and maximize the chances of leading the product in traction. The product development life cycle defines the accurate path for new product development.

7 Stages Of Product Development Life Cycle

Product development is a process that involves the creation of a new product or service. It starts with an idea, which is then developed into a prototype and can be tested for viability. The process then continues to the production phase, where the product is manufactured and sold to customers. Finally, the product can be improved or changed in order to meet customer needs. Highlighting the different ways to categorize steps in the product development process, here are the important 7 key stages of the product development life cycle. 

Ideation

Generating new ideas for new product development is indeed the first step in the product development life cycle. The main motive of the product development company is to identify new problems as well as opportunities and have a clear idea of how to resolve them. The best thing to not do in the ideation stage is to judge the feasibility of the idea. Take the help of professionals if you want to let creative ideas flow through the product you are developing. The ideation stage involves market research, competitive research, and customer analysis to define the product scope, features, and needs.

Validation

Following through the ideation stage in which you might have a list of creative product ideas through brainstorming, the second stage of product development begins. The validation stage actually is taken into account to filter through product ideas that are worth investing in and product ideas to avoid. In this stage, one can speak directly with potential customers to get a clear understanding of what they need in a product. It will be an advantage if you are trying to pre-sell the product in the validation product development life cycle stage.

Prototyping

Before moving on with the prototyping stage, you should ensure to have a list of the features and functions your product should have. Based on the defined requirements and scope, the product prototype model of the actual product is built and developed. Using wireframing tools such as Figma or Sketch, it will be easy to build a working prototype model. The prototype model is then tested by product testers and improvised accordingly to make it flawless.

Marketing

As soon as the product prototype model is developed successfully, it will be time to identify your potential customers and reach out to them with an effective marketing strategy. Consider marketing on social media and your current customer base if any and request them to share feedback and pain points. Ensure to establish the KPIs (Key Performance Indicators) using your preferred advertising mediums such as paid advertising, blogging, social media, etc. A well-planned marketing plan can offer you the desired results. 

Development

Start with the product development phase once you have finished with the marketing strategy of your actual product. With our years of experience, we believe that the end goal of the product development stage is to get the product to the market at the earliest. It will be better to define a deadline for a product launch in the market and divide the time into small manageable works to get you one step closer to the finished product.  

Launch

When it is time to launch the product into the market, there are several things to finalize such as finalizing integrations, billing, user tracking, and analytics. The main thing when launching the product is to ensure everything is running smoothly and up to expectations. The product should be well-tested from each and every angle possible. You can opt for a product launch event to boost your product’s marketing and increase mouth-to-mouth advertising.  

Improvement

As you know, product development is not a one-time thing, a product will have to keep improvising with time. Once your product is launched into the market, you need to keep tabs on how it is performing and identify the flaws or weaknesses of the product and work on improvising the actual product for customer satisfaction. Take note of the end-users behavior, then tweak your existing features and functions of the product or add a new one. With consistent improvement in the product, it will be gradually successful in the market.  

Get In Touch With Us & Clear Doubts About Product Development Life Cycle

With an expert and well-experienced product development company like GID Company, it will be possible for your business to reach new heights and success in the market with a newly-launched product. We are here to help you find the right product development experts to serve your product design as well as development requirements. To clear all your doubts and questions, please feel free to give us a call at +1714-323-1052 or Contact Us. To get the latest updates, please connect with GID Company on Social Media – Facebook, Twitter, Instagram, LinkedIn, and YouTube.

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Get Medical Device Development in California, USA – Contact Leading Product Development Company!

Whether you need quality medical device development in California or if you seek help from experienced professionals in developing medical devices based on your specific requirements, it will be better to choose GID Company. Bright and innovative ideas can have the potential to lead to successful medical device product development. So, if you have an innovative medical product idea in your mind and wish to develop fully functional and feature-rich medical devices then our experts can ensure to make it happen. Our medical device product development team can provide you with high-quality design as well as development services with multidisciplinary advice.

Our Expert Professionals Can Help Developing Medical Devices

As you know, it is essential for any medical device to comply with regulatory needs and standards. Any entrepreneur looking for developing medical devices should make sure that the medical device is designed and developed with efficiency and accuracy.

Sometimes, it may be possible for the medical device product development to comply with the standard criteria but will not have the defined functionalities and features. However, our team of highly experienced professionals holds the expertise in medical device development that has defined functions, features, design, aesthetics, and follows the standards.  

Developing medical devices is not just about conceptualizing, ideation, designing, developing, and mass manufacturing the product. It needs all the experts and professionals to focus on every minute detail during the development of medical devices from designing to prototyping to improvisation. Let our skilled product engineers handle your bespoke medical device development requirements.

Benefits of Choosing GID Company For Medical Device Product Development

An individual who wants to develop a medical device from scratch will have to be ready to face a number of challenges and problems. The most common things that make medical device product development complex are cutting-edge technology, rigid problems during development, and strict regulations. But you do not have to worry about anything if you are consulting with GID Company – the best product development company in California, USA. Here is the list of benefits you will get for choosing us for medical device development in California.

  • Customer-Oriented Product Development
  • Transparent Medical Device Development Process
  • Cutting-Edge Technology and Tools
  • Efficient, Functional, and Feature-Rich Product Development
  • Quality Designing, Prototyping, Developing, and Consultation

Medical Device Development Process

If you are eager to launch your medical device product into the market while hoping for it to become a success, then it will be crucial for you to learn and understand the entire process of medical device development. At GID Company, we have a team of experienced engineers, experts, and professionals that are committed to offering the best quality medical device development. Designing, developing, prototyping, and delivering innovations are included in our medical device development process. Although we are experts at offering custom-based medical device development processes for different projects, our generalized medical product development process includes:

  • Product Ideation and Conceptualization
  • Define The Device Features, Functions, Needs, and Development
  • Medical Device Design and Development as Per FDA Regulations
  • Medical Device Testing and Improvisation
  • Product Prototyping and Deployment

Development Of Medical Devices Becomes Hassle-Free With GID Company

With the help of our product development firm, it will be possible for you to develop a medical device easily and smoothly. Our product development team and professionals will try their best to make you understand the medical device development process thoroughly. Not only our experts will listen patiently to all your specific instructions about the medical device you want to develop but also our experts may suggest a better version or function for the product. Being a leading product development company, GID Company holds expertise in the development of medical devices. For hassle-free medical device development, feel free to discuss your unique medical device requirements with our courteous and skilled product development team. Contact GID Company today at +1714-323-1052 or click here. To get the newest updates about product design and development, kindly follow us on Facebook, Twitter, Instagram, LinkedIn, and YouTube.

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How To Find The Best Product Development Company?

Best Product Development Company

“How to find the best product development company” is what most business founders, entrepreneurs, technology leaders, and other business companies are searching for when they need to outsource a project. If you are looking for a product development company on which you can rely and trust for your product design and development. Then we recommend you should not make haste or rush while choosing the right product development partner for your business or organization.

As there are so many factors to consider before choosing the perfect product development company, we have enlisted here a few helpful and relevant tips to guide you through the process of selecting the best product development company.   

How to select the best product development company?

Whether you need to outsource a part of the project or if you want to hire the best product development company for an entire project, it will be beneficial for you to have a clear flow of what to do to find it. There are various methods to search for product developers and product designers. But it totally depends on the individual what steps to follow while searching for the finest product development firm. Let us go through the below steps you should follow to select the perfect product development company to turn your product ideas into reality. 

What do you need for product development?

First of all, you will have to make sure to define perfect product development criteria along with the precise product development requirements. On the basis of your product requirements and criteria, you can easily find the most suitable product development company and approach them to be your partner. Here’s what you will need to have before approaching the product development company or professional product developers.

  • Product Requirements Documents (PRD)

In the Product Requirements Documents, you will have to ensure to fill out all the details and points about the product requirements. A PRD should include the challenges, issues, solution block diagrams, precise technical specifications, and all other information that can help your product development partner to understand how you need the product to be developed and what functions will the product have.

  • Request For Proposal Documents (RFP)

An individual approaching a product development corporation should also fill out a Request For Proposal (RFP) Document. It should include your organization information, detailed project demands and criteria, defined timeline, and goals to achieve during the timeline, eligibility details, and other relevant details.

Before choosing the best product development company

When you are searching for a professional product design and development company that caters to all your project requirements, you will need to make sure to check or have information about the following things.

Know The Capabilities

It will be an advantage if you have the knowledge about the capabilities of the product development firm you are thinking of hiring for your unique and amazing product. To design your product from scratch, you need to ensure to know what the product developers and engineers can do to build a functional and market-ready product.

Learn About Product Design and Development Skills

The product design and development skills are what make the product development company superior. You need to ensure to ask the professionals about their past works and skills they endure so that you can have a clear idea of whether to trust their skills about product development or not.

Discuss the consistency, dependability, and quality

When opting for hiring a product development company, an individual should double-check the quality and consistency they can offer. It will be better if the product development firm can offer a defined quality product with consistently completing the pre-defined phases of product manufacturing and development.

Product Development Process

Every product development company has its own planned product development process that they implement. In order to design a new product, you need to understand the entire product development process, from product ideas to launching the product in the market. Generally, a product development process involves product ideation, product scope, virtual concept, functional product design, software integrations, product prototype development, and developing a market-ready product.

How much does product development cost?

There are so many business owners who want to develop a new product but “What is the cost of product development” is the most common question among them. It will not be incorrect to say that there are a lot of factors that can affect or impact the cost estimation of product development. So you need to make sure to get detailed information on the phases or stages of the product design and development when you need to opt for new product development. The factors on which the product development cost depends are,

  1. Product Design
  2. Prototyping Phase
  3. Production and Manufacturing
  4. Market Launch or Product Distribution

The cost estimation of the product development may vary depending on the above-mentioned factors and some other factors as well. However, the average cost of the product development may range between $500 to $2000. But, of course, the product development cost estimation may not be estimated precisely without consulting with the professionals.

Get In Touch With GID Company – The Best Product Development Company in California

If you are still confused about where to develop your new product then you can consider GID Company as the best product development company in California, USA. Many of our customers and clients are happy and proud to choose GID Company as their product design and development partner. Our professionals offer exceptional product development services from improvising your product idea to launching the final product into the market. We can help manufacture an agile, cost-effective, and market-ready product by following all your guidelines and instructions.

If you have a great and amazing product idea on your mind and want a professional product development company to build a product prototype and functional product to launch in the market. Then please feel free to discuss your product idea by calling us at +1714-323-1052. Get a free quote for developing and designing your product without any hassle at GID Company. Contact Us Today!

Also, have a glance through our portfolio at https://www.gidcompany.com/our-portfolio/.

Want to get the latest updates about product development, Follow us on –

Whether you have any questions or want to ask about anything related to product design and development, please call us or drop us a message. Our team will get in touch with you within a day.

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Why Choose GID – A Leading Product Development Company?

Most of our clients were also confused about why they should choose our product development company for their unique product design and development needs.

But, after having an informative discussion with our professionals about our efficient product development process and strategy, they have put their unique product ideas in our safe hands.

GID is a well-known and trusted product development company that has years of experience and expertise in providing product design and development services to our valuable clients in California, USA. It will be beneficial to let our product designers and experts have your product ideas turned into a rewarding product.

Developing a product from just a rough idea is indeed a hectic task that needs a careful and precise product design and development strategy as well as the process.

Choosing the best product development company, GID will not only help you achieve all your short and long-term goals but also guarantee to build your product in exactly the way you want it.

Our experienced and knowledgeable experts will utilize all their skills and knowledge in developing the product by keeping all your requirements and needs in mind.

Our professionals will make sure to test and simulate every part of the product design and development process so as to make no mistake in developing the desired product. To get more information about our product development process, please navigate through our official website.

No matter if it is a simple and small product that you want us to design or if it is an economical or complex product that you need to build up to serve your specific purpose, our skilled team of product designers and engineers will develop a rewarding product with a perfect design.

Creativity, patience, and experience in providing extensive product design and development services are the only reasons for our clients to share a strong bond of trust with our product development company. To have a look through our recently developed products, click on Our Portfolio.

Contact Our Professionals For Excellent Product Design and Development Services

At GID, we have an expert product design and development team who can assist you in bringing your complex ideas to reality. We are sure that your extraordinary product ideas can sometimes be resource-demanding and challenging.

But our product development company will find a way to overcome each and every challenge only to deliver a high-quality product based on your goal-oriented requirements. In order to get more clarity about our product development process and charges, please communicate with our experts at +1714-323-1052 or Click Here.

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Medical Device Product with Embedded Software – Important Things to Know

Developing a medical device product is always a challenging, time-consuming, and an arduous task. However, developing a medical device product that includes software (products with embedded software), is even a more demanding task. Today’s medical device products with embedded software are able to save lives, but there is still room for more innovative medical device products. Getting a new, innovative medical device product with embedded software into the market is certainly very lucrative, but more importantly, a revolutionary medical product can change the face of the healthcare industry by providing better healthcare treatments and services.

If you have a ground-breaking idea for a new medical device product with embedded software, then you should definitely consider bringing it to life. If you proceed carefully, you will certainly achieve success with your conceived product. Before you start with the medical device development, however, you should know about the four important things.

Is it really a medical device?

Before you initiate the medical product development, you need to first determine whether your conceived product will be considered a medical device or not. As per the FDA (Food and Drug Administration), “Medical devices range from simple tongue depressors and bedpans to complex programmable pacemakers with micro-chip technology and laser surgical devices [sic].” Therefore, a simple tongue depressor or a very complex CAT (Computerized Axial Tomography) scanner is a medical device, rather a medical device with embedded software in the latter case, but an activity tracker, like Fitbit’s wristband, is not a medical device. For that reason, it is vital to first find out how your conceived product will be classified. You need to know whether your conceived product can cause any harm. You also need to find out whether there are any safety risks involved.

If you are developing a medical device product with embedded software, knowing how your product will be classified will certainly have a major impact on the product development process, affecting factors such as assessing the development costs and timeline, creating the documents required for FDA approval, and testing the product.

Is your project scope defined accurately?

If you do not know the limits of the complexity of the project, software needs, and the security requirements, you may totally underrate or overrate the product development efforts required. Will your medical device need complex mechanical components to function, or does it need to upload data to the servers to process and generate reports?

When you are trying to ascertain the complexity of your project, think about how many components the conceived medical device product might have. This will help define the timeline and cost of the project. Also, for the software part, you will need to get a clean user interface, which is easy to understand; hence, spend some time understanding the interface part. When defining the scope, be sure to take into account the complexity of the user interface development.

Modern, complex medical device products with embedded software are often backed by mobile applications, which control the medical devices through smartphones and tablets. If your conceived product needs mobile apps, clearly define it in your scope.

Do you have any plan for the maintenance?

What is your plan for maintaining the software aspect of your conceived medical product? The FDA in its guidelines includes the corrective and preventive maintenance of the software. Having a plan for the maintenance will factor toward the development efforts and the long-term success of your product. If the new version of the OS (operating system) releases, how the software of your product will be updated? Will the update affect the functionality of your product? Will it improve the performance and fix software bugs if there are any?

For medical product development, creating a plan around such questions is vitally important.

Do you need a product development partner?

Medical device product development is no easy task, and if any step is missed, it could result in costly delays. Everything needs to be perfect when it comes to medical product development. Having a reliable product development partner will make a big difference and prove to be in your best interest.

Have a complex product idea in mind, like a medical device product with embedded software? Want to bring your idea to life? Get in touch with vastly experienced industrial engineers at GID Development Corporation.

GID Development Corporation is one of the top product development companies in the US. They provide agile and economical product design, rapid prototyping, and product development services to inventors throughout the US and across the globe. Utilizing their vast experience and technology like 3DEXPERIENCE Platform, which features BIOVIA, CATIA V6, SIMULIA, etc., the skilled industrial engineers at GID Development Corporation can help design, prototype, and develop medical device products with embedded software, electromechanical products, sports products, and all sorts of complex products.

So no matter how simple or complex your product idea is, GID Development Corporation will bring it to life. To learn more about the leading product development company in the US, GID Development Corporation, visit https://www.gidcompany.com/.

Have any questions regarding medical device product development? Call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST, for a 15-minute FREE telephonic conference. He will answer to various questions regarding medical device product development.

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Why You Should Partner with a Good Product Design Company?

The art of product designing needs the skill of designing a product (just from a concept) that is beneficial to the inventor as well as the intended consumers. Product design is certainly not an easy task. It requires many skills as well as computer knowledge and, most importantly, creativity. Not everyone is skilled enough with the aesthetics – right? Besides, you also have to be knowledgeable about different software applications, especially CAD (computer-aided design), CAM (computer-aided manufacturing), CAE (computer-aided engineering) software applications. It will definitely be in your best interest to team up with a reputable product design company to take care of your product design needs.

Here are some logical reasons why you should consider partnering with a good product design company:

A Descent Product Design Does Wonders

A few years back, the importance of a decent product design usually went unnoticed, but times have changed. Today, whether it is a simple, economical product or a complex, expensive product, its product design barely goes unnoticed. Professional product design engineers help create conclusive product designs that meet their inventor’s vision. They ensure that the product design is exactly the way the inventor envisioned and also make sure to take care of the aesthetics and ergonomics aspects so that the intended consumers like it.

Consumers do not like to waste time searching for the perfect product. For that reason, creating a good product design that can capture their attention and incite them to buy the product is necessary. Product design also factors toward the cost and manufacturability of the conceived product. Therefore, compelling product design is vital, and to get such a product design, it is necessary to rely on experienced professionals of a reputable product design company.

Product Design Experience and Computer Skills

Product design engineers have years of experience. Designing an effective product requires a vast knowledge in the field of engineering, art, and marketing. Expertise in using CAD/CAM/CAE software applications is also necessary. Where would you find someone who has considerable product design experience and thorough competency in using specialized software applications? It is rare you will find someone so capable somewhere other than a leading product design company.

Makes All the Things Easier

Ask yourself these questions:

  1. Do I have enough time to carry out all the research?
  2. Can I create detailed designs of the conceived product?
  3. Am I capable of creating a product prototype on my own?
  4. Am I qualified to determine the product material and estimate costs?
  5. Can I evaluate the product safety and figure out how well the conceived product can do in the market?
  6. Can I mass-produce the conceived product?

If the answer to these questions is “No,” then you should definitely partner with an experienced product design company. A product design company has experienced and skilled engineers who can perform a wide variety of tasks, from research to mass manufacturing. They are thoroughly aware of each product development stage and will handle it for you.

Other Valuable Services

A leading product design company will take care of everything. Such a company will help you not only with product design and product development. It will assist you in moving your conceived product from the point of manufacture through warehousing, distribution, and delivery to potential consumers. It will also take care of the IT stuff, like creating and setting up a website for your product. Overall, a product design company will help you bring your idea to life and take it to the intended consumers so that you can start making profit.

Are you searching for a good product design company in California? GID Development Corporation is one of the leading product design companies in the US, and it provides A-to-Z product development services. Ranging from swift product design to rapid prototyping, economical product development to agile product fulfillment, GID Development Corporation is the BEST partner inventors can get.

GID Development Corporation is led by very skilled industrial engineers who have many years of experience in product design, product prototyping, and product development. Utilizing cutting-edge 3DEXPERIENCE Platform from DS (Dassault Systèmes), which includes CATIA V6, 3DVIA, SOLIDWORKS and other apps, GID Development Corporation can help you create electromechanical products, medical products, sports products, products with embedded software, and all sorts of complex products.

To learn more about the leading product design company in California, GID Development Corporation, visit https://www.gidcompany.com/.

Have any questions regarding product design? Call Jim Grimes at 714-323-1052 between 8:00 AM to 5:00 PM PST, for a 15-minute FREE telephonic conference. He will answer to various questions regarding product design and product development.