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Getting Product Design Right the First Time with CFD
Aberdeen Group, May 2011, Pages: 26
This report provides guidance to help companies that develop products that are impacted by fluid or gas flow, heating or cooling, chemical reactions, turbulence, and other related physical phenomena to make better design designs that will ultimately lead to more profitable products.
As companies position themselves for the economic recovery, they are once again looking to bring new products to market quickly, yet keep costs down, while also ensuring high quality. A 'get it right the first time' product development strategy is key to achieving this.
Aberdeen used the following five key performance criteria to distinguish Best-in-Class companies with top performers achieving the following results:
- 89% of products met release dates
- 28% decrease in development time since implementing the current approach for assessing product behavior
- 90% of products met quality targets
- 87% of products met cost targets
- 24% reduction in product cost time since implementing the current approach for assessing product behavior
Key Report Benefits:
- Lower Product Cost
- Produce Less Physical Prototypes
- Meet More Quality Targets
Aberdeen's Research Benchmarks provide an in-depth and comprehensive look into process, procedure, methodologies, and technologies with best practice identification and actionable recommendations.
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