NEW PRODUCT ANALYSIS

New Product Analysis & Management

New Product Analysis & Management

Introduction

Creative and innovative things have become a part of this competitive world. Customers are seeking for more advance products which might make their life easier than before. This has place companies in complicated circumstances. Developing new products for customers is not an easy task, as the acceptance by the customers is uncertain. For survival purpose in market, new product development extensively conceived as a vital activity for the success. There are various challenges in developing a new project in order to choose best projects. Countless factors must be considered while; this paper will focus on the Financial Analysis and Demand Forecasting for the future performance of the new product.

Discussion

Overview of the Product

The new product which has been selected is Logitech Revitaliser which is a portable charger. The features of this portable charger are that it comprises of Wi-Fi and ability of play music. Beside this, it can charge anything that uses a USB charger, such as Smart-Phones, laptops, Play-Station etc. The following are the other features of the Logitech Revitaliser:

Features

Power and charge portable devices via a connection 230 volt wall

Works with all portable USB rechargeable via USB connection: iPod, mobile phone, portable media player, PDA PDA, etc.

Ideal to keep at home or in the office and extra charger

Extensible with a set of optional Trust USB charger to allow charging of all portable devices: all models of mobile phones, PDA, satellite navigation system, PSP, DS Lite, DSi

Save energy and money

Package Contents 

Charger with USB port 

Manual 

Common use of resonant electrodynamics induction is to charge the batteries of portable devices such as laptop computers and cell phones, medical implants and electric vehicles. Localized charging technique selects the appropriate use of the transmitter coil array in the structure of multilayer windings. Resonance is used in both the wireless charging (transmission circuits), and in the receiver module (built-in load) to maximize the efficiency of energy transfer. This technique is suitable transmission universal wireless charging panels for recharging portable electronics, such as for example mobile phones. Technology adopted as part of the standard wireless charging Qi. Resonant electrodynamics induction is also used to power devices that do not have batteries, such as RFID-tags and contactless smart cards, as well as for the transmission of electrical energy from the primary coil helical resonator of Tesla transformer, is also a wireless transmitter power (Winston W., Robert E., Philip K., Dunn J., 2011, pp. 90).Demand Forecasting for Portable Charges

Replacement of desktop computers with Devices like PDA's and Smart-Phones

The topic is debatable since it can be beneficial to replace desktop computers in personal lives. However, replacing desktop systems in organizations will not only bring cost, but resistance to change for employees. Let's look on both sides, that is, personal lives and organizational work:

In many parts of the world, smartphones aren't simply replacing desktop systems; they're becoming people's first and only PCs. Technology that would allow a smartphone to use full-sized keyboards and screens, ...