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IoT Preproduction – from Concept to Product Part 2

IoT Preproduction – from Concept to Product Part 2

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Episode 38

Alright, let’s talk building an IoT product or system. Time to cycle through concept – ideation – proof of concept – prototype – MVP – product. In this episode of the IoT Business Show, part two of two, I speak again with Yuriy Pryadko who shares his experience in the 6-step journey to manufacturing or deployment. In part 2 we get into plenty of details and the numbers, using a fun but useful product example, this time in the consumer IoT space.

In this episode of the IoT Business Show, part two of two, I speak again with Yuriy Pryadko who shares his experience in the 6-step journey to manufacturing or deployment.

Yuriy is Director of Customer Solutions at Cogniance with experience spanning product and process design, hardware and software development. Before his current position, Yuriy led the Project Management Office, tailoring industry-standard approaches to each customer’s needs.

Each milestone during preproduction presents an opportunity to not only assess the tech but to put the technology in front of customers to hammer it into a product. In parallel we use the same milestones to iterate on the IoT Business Plan hammering it, into a business. We may think we know what the customer wants, but we don’t. If done right, this virtuous cycle will galvanize change – changes in requirements, changes in tech and changes in business direction. To get the most out of these customer touchpoints it’s important to never let a month or two go by without getting feedback from the market.

Here’s What We’ll Cover in this Episode

  • Costs to get to proof of concept, prototype and end product.
  • Timelines to get to proof of concept, prototype and end product.
  • Definitions of each milestone from concept to end product.
  • The minimally viable product and how it’s definition is often trampled upon.
  • Best practices in involving the customer during preproduction.
  • The dreaded external and worst, internal dependencies.
  • Working with (passive aggressive) internal development teams.

Mentioned in this Episode and Other Useful Links

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What best practices have you discovered while working in the IoT preproduction phase?