With IoT, machine learning, big data, analytics, and cloud adoption providing fertile ground for launching next generation products, most companies are looking to upgrade their existing legacy suite of products.
Born from traditional software engineering, the Product Engineering was an evolution driven by the recent shift from product to services (SaaS) model which requires a certain level of competency and complexity. It is a complete process that transforms an idea into a product.
Phases of Product Engineering
Unlike traditional software engineering, product engineering includes the entire lifecycle of a product from conception to design, development to deployment, user acceptance testing, and even ongoing maintenance. A lean product design approach speeds up the process and reduces development time, making it agile. The six key phases of the cycle are:
Benefits of Product Engineering
Most product companies are continuously trying to meet their customer demands through innovation, process optimization, customization and re-engineering. However, though an enterprise may come up with a unique idea, they may not have the right skills, infrastructure, or resources to build on the idea and turn it into a market-ready product
Therefore, for a company with limited resources and infrastructure, agile product engineering allows them to churn out multiple products at an accelerated pace to meet their buyer demands and keep up with market trends. Product engineering is used to turn ideas into market-ready products. Some of the most common benefits include:
- Cost savings and focus on rapid innovation and core activities
- Improved product quality
- Shorter product development lifecycle
- Reduced time to market
- Reduced development and maintenance costs
- Quicker technology adoption and transformation
Many companies choose to outsource this phase of development to specialized product engineering service providers who employ a team of experts to turn their ideas into business reality.
CyByte’s Product Engineering Services
At CyBtye, we believe in our client’s dreams and help to speedily transform them into valuable products with our rapid prototyping and development expertise. We offer the following product engineering services:
- Complete platform and product development
- Rapid prototyping to speed up process of turning ideas to successful products
- Taking a product idea to the cloud
- Reduced time to market while maintaining quality
- Reduced total cost of ownership for new, enhanced, and re-engineered products
- Continuous improvement using feedback from target audience
- Legacy product management