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Artificial Intelligence Innovation Product Development

Creating Tomorrow’s Products with AI & Machine Learning

The reality of Moore’s Law regarding big data infrastructure totally transformed the Product Development & Management process of the product. Product managers and product owners are more and more expected to be tech-oriented. AI & Machine learning capabilities are among the skills highly hunted...

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Product Development

8 Dangerous Mistakes to Avoid While Building MVP for SaaS

It would be impossible to count if we went on to list the benefits that came because of the advent of cloud computing and software as a service (SaaS) tools. A SaaS platform is a cloud-based application that offers services over the internet. Trello, Notions, PayPal, and Shopify are all examples of SaaS. Now the question arises, what is MVP development for SaaS? A SaaS Minimal...

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Product Development

What is an MVP, and How Does it Help Build Successful Products?

The main reason startups fail is due to misunderstanding customer demand—this is found in 42% of cases. And considering that 80% of the startups don’t make it past their first year, it becomes necessary for technology startups to do it the right. The Lean Startup by...

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Product Development

Product Development Process: 12 Stages Explained (with examples)

The product development process is the most crucial part of the product lifecycle. For any product to be successful, it needs to go through a development process. This process is full of challenges that a potential entrepreneur or business owner must overcome. It’s essential to be as effective as possible in the stages of the product development process to maximize your speed...

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Product Development

How Corporates and Startups Approaches Product Development

I have worked with both corporates and startups as the product guy and there are a lot of difference in the way how it is done at each. I have tried to summarize it in the following table. Please note that there is no clear demarcation between the approaches highlighted but they are more inclinations. ...

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Startup and Entrepreneurship

A SUCCESSFUL STARTUP PRODUCT: MORE THAN JUST A UNIQUE IDEA

The common myth which we discovered among most of the young aspiring startup entrepreneurs is that they start with a blank sheet to jot down ideas and keep hunting for the unique idea which can be comparable to google or facebook or whatsapp. They believe that any idea that is unique and never heard of can make them a billion dollar company. Partially yes but mostly no. ...

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Startup and Entrepreneurship

New Product Approaches: 17 Ways Corporates & Startups Innovate

A well-established corporate has experience ranging from a few years to decades that germinate from within the foundation of a tiny business venture. While a corporate thrives on its experience to chart a new route for entrepreneurial success, a start-up would look for an alternative, path-breaking and disruptive ways to climb the ladder. Start-ups do things differently. Their ways of defining...

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Technology

Innovify Hackathon: Hacking Innovation the Innovify Style

An organisation is built by its people. So it becomes important to form a rock solid foundation between the organisation and its people. Innovify is all about celebrating innovation and building valuable products, and that reflects in our organisational culture. Hackathon was a result of this constant urge of ours to innovate and collaborate. ...