<link href="//maxcdn.bootstrapcdn.com/bootstrap/4.1.1/css/bootstrap.min.css" rel="stylesheet" id="bootstrap-css"> <script src="//maxcdn.bootstrapcdn.com/bootstrap/4.1.1/js/bootstrap.min.js"></script> <script src="//cdnjs.cloudflare.com/ajax/libs/jquery/3.2.1/jquery.min.js"></script> <!------ Include the above in your HEAD tag ----------> <div class="container"> <div class="row"> <h2>New Product Development Process</h2> <p>New product development (NPD) is the process through which organizations bring a new or updated product or service to market. It's an opportunity to identify market needs, determine the feasibility, and deliver the software. In simple words, with the In <a href= "https://www.seasiainfotech.com/blog/everything-about-new-product-development/">new product development</a>, the idea can be changed into a usable software product. The most effective new product launches are those that start with the customers' wants in mind. As per a survey by Statista, 29% of companies planned to focus on new product development in 2022.</p> </div> </div>