Upload
andrew-larkins
View
16
Download
0
Embed Size (px)
Citation preview
Proof of Concept for New Electronics Products
Andrew LarkinsCEO
Lime Tree Innovation24/10/13
© www.limetreeinnovation.com 2
Normal Product Development
• Evolution– Cost cut (50%)– Enhanced performance (x2)– New features
• Revolution (10 x typical)– Serve same market need
• New – New product, new market
24/10/2013
© www.limetreeinnovation.com 3
Proof of Concept
Just make me a …
“Practical demonstration of working system”
I want it next week and there is no budget….
24/10/2013
© www.limetreeinnovation.com 4
Proof of Concept
• New product– No starting point for the design
• New market– No existing direct competition– Performance so different it radically chances the
use case– No one knows what is needed
24/10/2013
© www.limetreeinnovation.com 5
The starting point
24/10/2013
© www.limetreeinnovation.com 6
Prove what?
• Why the product needed• Scope of required function• Core technology• Performance characteristics• Consumer demand• Ease of use• Integration with existing systems• ……24/10/2013
© www.limetreeinnovation.com 7
Next step beyond the proof
• What gives the project the greatest chance of success?
• What maximises the size of that success?• What is required to get the go ahead for the
follow on development?
24/10/2013
© www.limetreeinnovation.com 824/10/2013
Acceptance Factors Description
Relative Advantage How much better is your product than the current generation?
Compatibility How compatible is the product with the way people currently work?
Complexity Is the product simple to understand and to use?
Trialability Is it easy for customers to perform a quick trial on the product?
Observability Is the innovation visible to others? How many people will blog about it?
© www.limetreeinnovation.com 9
Proof of Concept - Example 1
• Cancer diagnostic tool• Used to gather data in UK University• Analysis showed diagnostic capability
• Prototype design un-toleranced• Results were relative not absolute• Only applicable to the prototype• Major reengineering required• Practical reimplementation took years• Successful clinical trials24/10/2013
© www.limetreeinnovation.com 10
Proof of Concept - Example 2
• Gas analysis device• Novel high performance technique (10x)
• Performance not fully compared to market– Regulatory requirements– Both over and under-specified
• Development refocused– Broad quantitative measures of success– 2 years further development of Proof of Concept
24/10/2013
© www.limetreeinnovation.com 11
Proof of Concept - Example 3
• Proximity warning system• Simple breadboard of RF system
• Proof of Concept proved the underlying physics applied to the application
• Sufficient to gain investment• Lead to successful product design• Met cost and performance targets• Patent and award winning product
24/10/2013
© www.limetreeinnovation.com 12
Lessons learned
• State aims at outset– Think about the full system and POC scope– Compare your results against aims
• Independent customer & user feedback• Be tough on yourself– “It will be better once tooled”– “Its only software”– “That's a minor glitch”– “We can calibrate/shim that out”
24/10/2013
© www.limetreeinnovation.com 13
POC Risk Management
• Technical– Will it work?
• Market– Will anyone want it?
• Commercial– Can we sell a quantity at a profit?
• Development– Can we do it in budget and timescale?
24/10/2013
© www.limetreeinnovation.com 14
Efficient Design
• Off the shelf• Copy• Evolve• Reuse
• Identify and focus development on high risk/reward areas
24/10/2013
© www.limetreeinnovation.com 15
Common Issues
• Unknown requirements• New technologies• Prototype costs and lead times
• What is proof? – communicate clearly– On the balance of probabilities– Beyond reasonable doubt
24/10/2013
© www.limetreeinnovation.com 16
Techniques
• Scope– Do the minimum– Do sufficient
• Think full system– Know what is not included in POC
• Look for little problems – bug track• Bold design and implementation choices– Lots of ideas– Kill them fast
• Measure performance
24/10/2013
© www.limetreeinnovation.com 17
Examples
24/10/2013
© www.limetreeinnovation.com 18
Wireless Sensor Project Brief
• Unique sensor technology– Patented
• Wireless linked sensor technology• Battery powered– 5 year life required
• Complex signal analysis• Global industrial market
24/10/2013
© www.limetreeinnovation.com 19
Physical POC
• Sensor technology – High risk area– PC data logger and Excel analysis– Off-the-Shelf as far as possible
• Demonstrate measurement capability– Accuracy– Cross sensitivity, environmental induced errors
• Power, cost, size, route to manufacture
24/10/2013
© www.limetreeinnovation.com 20
Paper POC
• System diagram– Sketch of wireless sensor
• Analysis software concept– Sensor processing vs remote processing
• Data to be transfer– Quantity, Type, Frequency
• Radio system – Regulation, Range
• Power budget• Cost estimate
24/10/2013
© www.limetreeinnovation.com 21
Regulation
• Unaware• Underestimate• Untested
• Enhance• Exceed• Exaggerate24/10/2013
• Critical• Constructive• Confidence building
© www.limetreeinnovation.com 22
Successful Proof of Concept
• Quantitative– Define and measure success
• Small core team– Focused– Fast– Fussy
• Plus Multi-disciplinary advice– Users, customer, production, service, support, finance,
scientist, engineer, regulator, distribution, sales– Team building and collaboration
24/10/2013
Lime Tree InnovationTurning sharp ideas into growing businesses
07810 750417
© www.limetreeinnovation.com 2424/10/2013