Fast Product Development Research Based On PACE^?

Since 1970s, with technology developments, abundant and diversified products appeared in markets, which led to fierce competitions globally. Sellers'markets have been changed into the buyer's markets. To face such a challenge, enterprises have to explore various counter measures. On the other hand, ever-changing demands of customers and markets, modern enterprises have to meet the quickly changed world with their new technologies, ever-shorten product life span, all of them urge enterprises to speed up their pace in revolution.Similarly, the telecom industry also faces such challenges, operation revenues were kept growing, but their gross profits continues to slip down. As operators and terminal users are getting more and more reasonable in consumption, equipment vendors have to change from seeking for new technology and high profit to practical issues like contents and input/output ratio, in another word, the telecom industry is transferred to the traditional manufacture. Thus, traditional R&D mode is no longer to meet the market requirements, which features long R&D cycle, poor quality for newly launched products, project costs beyond expectation. To improve such a status, a high effective R&D model is in an urgent need, in order to cater to the environment change, enabling enterprises to create more profits in the severe competition.According to the PACE? (Product And Cycle-time Excellence? ) model of PRTM company and IBM's IPD process, we put forward this product development maturity model, as well as a high-effective product development framework, which shall be applied in our practices, enabling our company in an invincible position in the heat competition through optimizing product R&D process, standardizing product planning process, establishing a platform/technical management mechanism as well as enhancing resources management modes.