The process of creating a product can be challenging and expensive in terms of both time and resources. The product development process can involve numerous steps and participants, each with specific roles and responsibilities, from ideation to launch. We want to describe the concept of the product development process along with the best practices for each stage in general terms in this article.

First stage: Ideation.
Ideation, which is the …

Product development can be a very difficult process. Companies must design items that satisfy the needs of their target market while also being innovative. But a lot of companies skip conducting user research while developing new products. User research is an important component of successful product development, and we think that skipping this step can be an expensive error.

Gathering data on the requirements and preferences of the target market …

Setting priorities is an essential component of product development. You have to choose which features to add to your product and when to release them as the product manager. An effective prioritization plan can mean the difference between a successful and unsuccessful product. In this article, we want to show the value of prioritization in product development and offer advice on how to choose the best features for your particular …

Performance evaluation is so important for corporate success. Using key performance indicators is one of the most popular ways to assess performance. (KPIs). In this Insights' article, we will define KPIs, evaluate their advantages, and go through the best ways to use them.

What is a KPI?

A KPI is a measurable metric that shows how successfully a business is reaching its primary business goals. KPIs are used to assess …

Enterprise Resource Planning (ERP) is a comprehensive business management system that helps in the automation and integration of an organization's essential business operations. Finance, accounting, human resources, supply chain management, and customer relationship management are a few examples of these processes.

The goal of ERP systems is to give businesses a single source of truth for all of their data, enabling them to make more informed decisions, increase productivity and …