How can organizations reduce the time-to-market for products and services using e-business?
"Time to Market" is the period of time that is necessary in bringing a product on the market from the moment that an idea was forwarded. New technologies have contributed in formalizing ideas at the same time making time-to-market critical because of the speedy competition and fast flow of information.
The rapid growth of technological advances over the past years has resulted in shortened product life cycles which make it essential to continue introducing new products to sustain competitive advantage. These technological advances have reduced product development cycle time while reducing the time to market these products. The Internet and the Intranet have also been used in these ventures: the product ...
The solution discusses how organizations can reduce the time-to-market for products and services using e-business. References included.