The sudden emergence of ChatGPT in 2022 kicked off a race to create new products powered by generative artificial intelligence (AI). Now, companies in all industries are trying to build the ability to ...

In a consumer-driven economy, meeting customers' needs and wants has become paramount in generating long-term success and growth. Product development is key to maintaining and acquiring customers and ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Kevin Bailey Artificial ...

TUKWILA, WASH. – Speed is a key component of the new product development process today. The days of ideation and innovation taking place over a long period of time are gone. The process is now ...

Software company Senspire demonstrated its all-in-one product development platform, Flavor Studio, at the Private Label Manufacturer Association event earlier this month, showing how product ...

Historically, product innovation has focused on the majority, often leaving many behind. This created a continuous cycle where a select few would identify gaps in a market, develop a product based on ...

During vehicle development, lengthy tests and trials must be completed to ensure the safety, performance, and overall quality of a vehicle. Although necessary, these tests take up many hours with some ...

How AI transforms innovation from linear process to dynamic partnership, in brief, AI as an innovation partner helps teams discover opportunities beyond imaginations, while cross-platform intelligence ...

Product development (“PD”) is a core competency for any product-oriented company, whether a Fortune 100 firm, a small engineering business, or a technology-based startup. Commercializing innovative ...