DIGITAL PRODUCT DEVELOPMENT WITH CONNECT

What does Digital Product Development mean in General and Specifically for you, Mr. Weidel?
Our aim is to create a fully digital product development process with Connect, among other things. In concrete terms, this means that we want to map product development as completely digitally as possible and therefore without physical processes. As a technology and consulting company, we are primarily concerned with developing innovative solutions that meet the needs of users and offer added value in practice.

What Steps does the Digital Product Development Process involve?
The process typically includes the phases of ideation, planning, design, development, testing and launch of the product in a digital environment before the product is physically created. Each step is critical to ensure that the end product meets expectations and is successful in the market. Accompanying, digitally mapped processes include digital buildability or assembly, digital service and digital media creation.

What Role does user Deedback Play?
User feedback plays a crucial role for us, as it provides insights into the needs and preferences of users in order to further improve and customize Connect and our other products such as VT-DMU. Through continuous feedback, the user experience can be optimized and customer loyalty strengthened.

How important is it to use Agile Methods in Digital Product Development?
Agile methods are very important as they offer flexibility and make it possible to react quickly to changes and make continuous improvements. This helps to shorten time-to-market and increase competitiveness. At Connect, it is very important to us that customers can work with it quickly and that no major IT costs are incurred.

Which Tools and Technologies are Typically Used?
Typical tools and technologies include prototyping software, project management tools, programming languages and frameworks for development. These help developers to work efficiently and create high-quality products. In digital product development, we have focused on the area of digital mock-ups and 3D data. Despite its wide range of functions, Connect is also suitable for all companies that are dealing with DMU for the first time.

How can Companies ensure that their Digital Products are User-Friendly?
User-friendliness can be ensured through user testing, iterations in the design process and the involvement of UX experts, among other things. In my opinion, intuitive design and ease of use are crucial to ensure long-term satisfaction. At invenio Virtual Technologies, we ensure this by having users on board in addition to consultants and software developers. The interaction of all these colleagues ensures that we can develop and design the user-friendliness as optimally as possible.

What are the main Challenges in Digital Product Development and How can they be Overcome?
The challenges include, for example, time pressure, budget restrictions and complex requirements. These can be overcome through clear communication, agile methods and teamwork. Close collaboration between the various teams – in our case, these are software development, consulting and services – and clear prioritization help to overcome challenges.

What Role do Data Protection and Security Play?
Data protection and security are crucial to gaining the trust of users and meeting legal requirements. This requires robust security measures and data protection guidelines to protect privacy.

How can Companies ensure that their Digital Products are Successful on the Market?
Success on the market can be achieved through market research, targeted marketing and continuous improvements to the product. However, a high level of customer satisfaction is central to long-term success. In our experience, a deep understanding of the target group and clear positioning are further key factors.

Which Trends are Currently Shaping Digital Product Development and how do they Influence the Process?
Current trends include artificial intelligence, simulation and collaboration platforms, virtual reality and augmented reality applications and blockchain, which are influencing the process with new opportunities and challenges. Companies must adapt to these trends and develop innovative approaches in order to remain competitive.

How important is Design Thinking?
Design thinking plays an important role in promoting user-centricity and finding creative solutions to problems. Innovative ideas can be generated and implemented through an iterative approach and close collaboration. This is also an important building block for us.

How can Companies Measure the ROI (Return On Investment) of their Digital Product Development?
ROI can be measured by metrics such as sales growth, customer satisfaction and cost savings. Regular evaluation enables companies to review the success of their investments and adjust course if necessary. We are often in close contact with our customers for this purpose.

What Significance do Prototyping and MVPs (Minimum Viable Products) have in Digital Product Development?
Prototyping and MVPs make it possible to obtain feedback at an early stage and minimize risks before major investments are made. They help to quickly gain validated insights and continuously improve the product.

How can Companies ensure that their Digital Products meet the Ever-Changing Market Requirements?
Continuous market observation, flexibility and rapid adaptation enable products to meet changing requirements. All companies, regardless of their size and industry, must remain agile and be prepared to react to changes in the market environment in order to ensure their long-term success. The VT-DMU modular software system helps us to ensure this flexibility.

How can Companies Promote the Innovation Process?
Innovation is driven by promoting an open corporate culture, collaboration and experimentation. Companies should create an environment in which employees are encouraged to develop new ideas and take risks. For specific specialist topics, collaboration with external partners and a resilient network of specialized service providers is also recommended.

What impact do New Technology Trends such as Artificial Intelligence have on Digital Product Development?
New technology trends such as AI can transform digital product development through automation, personalized experiences and new business models. Companies should keep an eye on these trends and examine how they can use them to maintain or gain a competitive edge.