Innovation is great. It will make your product more competitive; however, it will not “make” your product. Customers only pay for innovation if it is nicely packaged into a product that gets to market on time and for a reasonable price.
Not every product will appeal to every customer or client base, so defining the target market for a product is a critical component that must take place early in the product development process.
For every 100 innovative ideas, only one is successfully brought to market. The scarcity is not in innovation but execution.
Managing separate software teams is a big challenge, To be effective, it is important to minimize overlap and put efforts as much as possible, and prioritize.
Regular and deliberate communication between the two integrating software teams is an absolute requirement is the success of the product development.
Making sure everything is documented and communicated consistently. Keeping efficiency and system security in mind and make sure the spec is crystal clear.
Working across the full software stack, this highly effective approach called “co-development” and accurately prioritize the pieces of Product Development.