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Author: Maureen Carlson
Issue: 2012 Visions Issue 3
The pace of industry is quickening: New technologies and breakthroughs are begetting innovations at a rapid clip. Is a chain reaction about to usher in a new era of technology synchronization, efficiency and communication? The findings of the 3rd Product Portfolio Management Benchmark Study, which gathered input from 320 product development leaders from around the world and across multiple industries, provides ample evidence to also suggest—while innovation is a priority—that resources are being stretched and over utilized. After a time where many industries felt the sting of recession, companies want to innovate and improve on their product portfolios as efficiently as possible. How can these companies work smarter and harder to bring forth the next generation of products within a constrained set of resources?