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Four Risk-Reducing Strategies To Advance Your New Product Development
Posted: September 1, 2021 Is your company trying to determine if the time is right to move forward with your new product development? If so, you're not alone. Preparing to launch a project is challenging under the best of circumstances, and the events of 2020 continue to complicate matters. Dramatic economic and social changes have impacted supply chain security, technological trends, consumer behavior, and have resulted in significant market volatility. Company leaders now clearly understand two things. First, they are facing a new era of risk. Second, they are facing a new era of opportunity. Between the need to play it safe and act boldly, many leaders can feel deadlocked between these opposing positions.
Four Questions Your Product Development Partner Should Answer
Posted: August 25, 2021 According to the father of modern project management, James P. Lewis, "Projects do not fail at the end; they fail at the beginning." Today, Lewis's words ring truer than ever, and if ever there was a type of project that illustrates his point, it's new product development. At Pivot International, we're a leading product design, development, and manufacturing firm that has helped hundreds of companies deliver successful innovations to market. With one-source expertise and nearly fifty years of experience, we've learned that the end success depends almost entirely on its beginning.
Take Your Product From Prototype to Production in Less Time With Less Expense
Posted: August 12, 2021 For complex products, there's simply no way around the iterative nature of the prototyping process. There is, however, a way to make an end-run around the excessive costs and extended time horizons that often accompany it. Achieving this requires high levels of integration. In other words, the prototyping process must not be mistaken as a job for which only the design team is primarily responsible. Instead, from the very beginning, prototyping must be approached and undertaken with the full participation, insight, and expertise of design, engineering, and manufacturing teams alike.
Three Funding Strategies For Capitalizing On Your New Product Development
Posted: August 5, 2021 At Pivot International, we're a one-source product design, development, and manufacturing firm that has seen clients deploy an array of successful strategies for successfully securing funding. With nearly a half-century of experience across fourteen industries, we’ve learned that our clients’ ability to raise capital often depends largely on knowing the funding strategies that are right for their needs. In this piece, we'll explore three funding strategies and which will give you the most bang for your buck as determined by whether you’re seeking to raise capital in five-, six-, or seven-figure ranges.
Advanced Pick & Place SMT Automation
Posted: July 28, 2021 Automated Pick and Place (P&P) Surface Mount Technology (SMT) has made incredible advances in the last ten years by combining artificial intelligence, computer vision, motion mapping, and IoT technologies to provide a dramatically more efficient and cost-effective approach to high-volume production.
NB-IoT and CAT-M1 Cell Modems — The Cellular IoT Product Solutions You’ve Been Looking For
Posted: July 21, 2021 If it can be connected, it will be connected. That’s the driving principle behind the explosion in connected devices representing nearly $128 billion in U.S. market value between now and 2027. The profitable proliferation of these devices is made possible by advances in cellular technology that enable the next generation of IoT products to be better, stronger, faster, and smarter than ever before — even across long distances and challenging conditions.
Range-Challenge Solutions for Consumer and Industrial IoT Innovations
Posted: July 7, 2021The development of consumer and industrial IoT innovations pose very different use-case challenges that require very different solutions. Further complicating the picture is that for all the differences between consumer and industrial IoT innovations, they share something in common: the need to integrate outstanding design with scalable manufacture.
At Pivot International, we help companies across the globe capitalize on the $128 billion market for IoT innovations. We bring nearly fifty years of experience and broad technical diversity across consumer, industrial, fitness, and medical markets. Using our in-house DFM expertise that spans over fourteen industries, we integrate design and manufacturing to create award-winning products that successfully scale.
Small vs. Large Lot Sizes: How Scalable Manufacturing Gives You the Best of Both
Posted: June 30, 2021While it's commonly understood that small and large lot sizes each have distinct advantages, how to get the best of both is not.
The choice between small and large lot sizes is best approached from a both/and perspective. But for many companies, this choice is often seen as either/or. This assumption is not always unfounded: many manufacturing partners lack the capability to deliver the best of both. The reasons for this are twofold: First, they may lack the facilities and technology. Second, they may lack the in-house DFM expertise (Design For Manufacture) that ensures an innovation is optimized for flexible and scalable manufacturing.
How to Successfully Solve Your Size, Weight, Power, and Cost Equation for Developing a Wireless Product
Posted: June 23, 2021No matter the specifications of the IoT product your company is bringing to market, you'll need to make strategic trade-offs to successfully solve your SWaP-C equation (size, weight, power, and cost). A large part of this will depend on understanding the differences between wireless technologies and which is right for your product.
For more complex products, choosing the right wireless technology is rarely a simple one-to-one affair. In other words, a combination of variously configured LoRa, Wi-Fi, Bluetooth, and cellular technologies is often needed. This means you'll need to select a product development partner with expertise in all four.
Four Perspectives for Simplifying the Process of Making Your Use Case
Posted: June 9, 2021If you’re preparing to bring a new product to market, you already know your product’s success will depend in large part on establishing a sound use case. As the name suggests, this involves identifying the needs your product is intended to meet, the challenges it’s designed to solve, and the practices and preferences of the end-user. (And then optimizing your product accordingly.)
