Innovation and Product Development

Innovation and Product Development


Innovation is challenging. Nearly three-quarters of executives say it’s a top-three priority for their organizations-yet only 20% believe they are advantaged. Top performers look at innovation as a system. They combine a sharp strategy for where and how to innovate with a fast, agile, and lean development process that efficiently transforms ideas into profitable growth. We believe that product innovation and product lifecycle management (PLM) is at a point of inflection and discontinuity. Digital enablers and new technology paradigms have become part of the product development and lifecycle management process, utilizing big product data and digital infrastructures. As customers use digital to change the way they interact with products, companies are looking for ways to use digital to develop them.


Praadis strategy helps companies to seize the digital opportunity from our vantage point at the intersection of business and technology strategy. We define long-term strategies that leverage digital enablers. We align these strategies with corporate vision and goals, and then support with integrated solutions.