article thumbnail

Product Development Improvements That Are Shaping The World

The Startup Magazine

Product development involves the creation or modification of a product, satisfying a market niche or newly defined customer. Now more than ever, plastics are very useful in product design because there are a lot of benefits of using plastic. The process can be a critical part of product development.

article thumbnail

Using Generative AI to Drive Corporate Impact

TechEmpower

In the sphere of software engineering , AI is pivotal for corporate IT by automating coding, optimizing algorithms, and enhancing security to boost efficiency and minimize downtime. It plays a crucial role in product development too, where generative AI speeds up design processes, streamlines testing, and tailors user experiences effectively.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Strategies To Cover New Product Development Costs

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

article thumbnail

Why You Should Be Doing Product Discovery

YoungUpstarts

Before rushing to build your concept to push out to consumers, it’s important to first undertake product discovery. Product discovery is the purpose of identifying the smallest amount of software needed to determine market value. Notably, this occurs prior to building the Minimum Viable Product , or ‘MVP’. How is it done?

Product 264
article thumbnail

Understanding the Regulatory Process throughout your next Hardware Product Design

The Startup Magazine

Designing new hardware products that have a positive impact on customers is no small feat. There are several elements that go into hardware product design that taps an unaddressed customer need, has the customer WOW factor, and succeeds long term in the market. Get familiar with ensuring safety and minimizing product interference.

Design 133
article thumbnail

How Sin-Mei Tsai, Shippo’s VP of Engineering, Defines Code Quality

Version One Ventures

This time, I am very excited to introduce Sin-Mei Tsai , VP of Engineering at Shippo , a Version One portfolio company. And she has not only been instrumental to Shippo, but also an extremely valuable resource to other engineering leaders in the Version One family. Functional quality. Defects are cheapest to address when found early.

article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. This could equate to two technical founders (with a minimal salary), funding two developers for a year. Social media is not rocket science. The timing of cash flow is everything.

Burn Rate 258