Accenture Product Lifecycle Services Overview
Accenture is at the very forefront of product innovation and development. Our Product Lifecycle Services can help you work towards a higher return on your investment by accelerating innovation and product development, reducing product costs and complexity, and optimizing your portfolio of products and services.
Through Accenture Product Lifecycle Services, we can help you:
-
Maximize Innovation Impact: 48% of R&D spend is wasted on products that do not hit market needs or timingi
-
Optimize R&D Investments: R&D spend can range from 5-22% of revenue. Increasing efficiency by even 1% can have a material impactii
-
Focus on Early Quality and Profit: 80% of product cost and quality is locked during the design phases. Optimizing complexity, cost and quality can save 10-20% in product development costs.iii
View the Overview video of Accenture Product Lifecycle Services to learn more.
Media Help
For more information on Accenture Product Lifecycle Services, contact us at: CMT Product Lifecycle Services Team
i Source: Winning at New Products by Robert Cooper. Our number has been deduced from 2 numbers in this book. 1. Average Success Rate of Projects 60.2% and Average Slip Rate 35.4% and taking the average of those two.
ii Source: Product Creation: The Heart Of The Enterprise From Engineering To E-commerce, Philip H Francis, Published 2000, Section 2.3 Organizing and implementing the process.
iii Source: Aberdeen Group ‘Procurement in New Product Development: Ensuring Profit from Innovation’; 2006
Learn more about Accenture’s services, research and client successes: