Continuous Innovation and technology development keeps organisations profitable and ahead of the competition. This is possible if there is a pipeline of innovation and these innovations are brought to the market quickly year after year.
Various issues such as shortage of resources, lack of skills and/or budgeting, to name a few, delay the new product introduction. It is not always feasible to invest in all the engineering tools and techniques, softwares or subject matter experts. In addition, daily issues often take priority over long term / short term Product development / R&D. Without access all the resources, it is inevitable delaying product launch.