Product Development

In today's rapid business environment successful communications products - being hardware, software, or systems - must be designed and developed with the end applications and future market demands in mind. Product development is costly and the development cycles depending on the complexity of the system and resources available can range on average from 9 to 18 months. Product feature set as well as recurring production cost should be planned with an eye on the market demand and competition 3 to 5 years down the road, and the Return on Investment (ROI) should be justified by the increase in revenues and profitability.

TelWaves provides the following product development services to the service providers and equipment vendors in order to guarantee success, reduce time to market, and keep the internal resources focused:

Product requirements definition
Product feature specification
Conceptual design
Development engineering staffing
Program management
Design verification testing support
Regulatory compliance support

The product recurring cost, that can be a very critical and competitive factor, is a function of product specification. Therefore, it is critical to identify and target only the "must have" features in the first round of product release to keep the development costs down and reduce the time to market. Specifications can be traded-off for schedule and budget, but that decision must be handled with great care so that the product stays on track with respect to the market demand and competition.