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Concept Development
D e f i n i n g a lt e r n at e p r o D U C t C o n C e p t s , i n v e s t i g at i n g p r o D U C t f e a s i b i l i t Y, a n D s e l e C t i n g t h e b e s t C a n D i D at e s
When it comes to identifying the best concepts, there are no second chances today. You either pick the right concepts to develop, or your product fails, which can mean lost market share, dissatisfied customers, money spent, and time wasted. Companies need the agility to quickly explore many concepts, and easily determine those most likely to succeed. Up to now, that process has been easier said than done.
F i x e d P r o d u c t Development Cost
60% 75%
The goal to innovate can come at a disturbing cost: by the design stage, 60% to 75% of total development cost is fixed, reducing managements ability to adjust the rollout strategy as market conditions change - AMR Research Inc., 2005
33 %
An efficient change process can cut upwards of 33% off of the typical product development cycle time.
process of defining alternate product concepts, investigating feasibility and selecting best candidates
INPUTS OUTPUTS
Initial Designs & Specs Set of customer needs and specifications
Concept Development
Industrial Designs
SPEC
Experimental Prototypes
T o p i c S h e e t : Concept Development
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T o p i c S h e e t : Concept Development
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Understand Problem
Requirements
Decompose Problem
Requirements Management
2
Search for Ideas
Complete?
Develop Concepts
Analyze Concepts
System Design
Approve?
T o p i c S h e e t : Concept Development
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Critical Capabilities
The PTC Product Development System offers the following capabilities, which support an effective concept development process: Intuitive, simple application for creation of initial sketches, layouts and facet modeling tools that turn 2D concept representations into 3D models Integrated environment with 3D detailed authoring tools for streamlined downstream development of digital product concepts Photo-realistic visualization, with real-time rendering, to facilitate design reviews and enhance collaboration Web-based environment that provides for secure and seamless integration of distributed concept design teams and external partners Integral, physics-based simulation to explore feasibility of design concepts Single, structured, cross-discipline product data repository for managing and archiving product concepts Timely, role-based access to the latest concept design data to support a globally dispersed team
PTC offers a wide range of capabilities for rapidly exploring product concepts
When it comes to identifying the best concepts, there are no second chances today. You either pick the right concepts to develop, or your product fails.
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