SMEs in the product development sector struggle with market analysis and aligning products with customer needs.
Target User or Entity: SMEs involved in product development and manufacturing.
Solution Overview: AI-driven market analysis and product development tool.
Detailed Solution Functionality: Analyzes market trends and customer feedback to guide product development and feature enhancements.
Implementation Steps:
- Collecting market data and customer feedback.
- Training AI models to analyze market trends and customer preferences.
- Integrating insights into product development processes.
- Regular product feature updates and market alignment checks.
Expected Benefits:
- Cost Savings: Reduces costs associated with misguided product development.
- Operational Efficiency: Streamlines product development lifecycle.
- Enhanced Customer Experience: Products better aligned with customer needs.
- Competitive Edge: Keeps SMEs competitive with market-aligned products.
