Pegmatis, a design and development firm offering consulting services for innovators and entrepreneurs for their new product ideas, has put together a list of the questions it says should be addressed when developing a new product. These are:
- Are you struggling with overwhelming requirements and complex regulatory constraints?
- Have you launched a connected product before?
- Is your team limited in bandwidth?
- Are you aware of all the necessary requirements for manufacturing?
- Do you have full support into manufacturing or the ability to scale manufacturing to meet your intrinsic needs?
- Does your product meet your vision?
- Do you have a clear understanding of all the costs associated with the project?
- Have you contemplated all revenue streams from your product?
- Is your product ideation aligned with your business needs?
The company added that most important question of all is:
- Do you have the right partners and resources selected for the project?
Pegmatis provides compartmentalized services for the client, usually in a specific area like high complexity electronics design, system cost reduction by providing architectural solutions and development of those, and navigation of regulatory and compliance challenges.
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