Virtual Product Development
Virtual Product Development (VPD) is an approach that takes a design at the earliest concept stage and fully evaluates design specifications and usage scenarios, and then uses this information to guide the development process. Across industries, VPD enables companies to leverage resources by optimizing product designs leading to improved performance, reduced need for real-world prototypes, verifiable quality improvements, and minimized operational problems and failures.
VPD continues to expand in its usefulness and application adding new efficiencies to product development processes. These efficiencies have become a key factor in an organization’s success in today’s marketplace.