How has technology impacted the product R&D process?
Product research and development (R&D) is the process of creating, testing, and improving new or existing products to meet customer needs and market opportunities. Technology has transformed the product R&D process in many ways, from enabling faster and cheaper prototyping to facilitating collaboration and communication across teams and locations. In this article, we will explore some of the key impacts of technology on the product R&D process and how they affect the quality, efficiency, and innovation of product development.