Ximedica is a company that believes in inspiring and executing solutions for a better life. They are on the forefront of medical research, informing and inspiring solutions that make lives better. In the early stages of the product development cycle, their objective is simple-to-inspire innovation and create a compelling executable product vision. This blog post will go into detail about what these key activities entail .
Who is Ximedica
The company was founded in 2000 and is a San Diego based company. They serve as an innovation partner to Fortune 500 companies that are looking for new technologies or opportunities to improve upon existing products, services or business models.
The Ximedica Approach: Inspiring and Executing Solutions for a Better Life
In the early stages of the product development cycle, Ximedica’s objective is simple-to-inspire innovation and create compelling executable product vision. This can be done through their key activities: Contextual Inquiry, User Needs Identification, Business and Design Strategy, Concept Generation, Competitive/Comparative Landscape Research and Tech research .
The first step in the process of is an essential tool for understanding users in their context of use. This process uncovers the opportunities that wouldn’t otherwise be uncovered, and in turn identifies the risks that would otherwise be overlooked. By asking the right questions at the start of any product development cycle we can provide a comprehensive commercialization strategy.
User Needs Identification
Is another tool used to understand users in their context of use. This process uncovers opportunities for improvement, which are often hidden or unclear. These opportunities are uncovered by understanding the users’ needs, wants and motivations.
Is another tool used to understand the business model of a product or service. It allows us to discuss how all aspects of our proposed solution will generate revenue for your company. This method helps create compelling strategies that can be implemented into future design solutions.
Is a tool used to explore and generate ideas for new products. It provides multiple solutions from which the most appropriate can be chosen, or it may determine that no viable solution exists. At Ximedica we find this method especially useful in exploring new product opportunities where there are little known or risks associated with technology.
Competitive Landscape Research
Is an evaluation of competing products to discuss how they may or may not address user needs, and the impact on our product. This information provides insight into what has been tried before in similar areas, and can be used to substantiate new approaches for addressing users’ unmet needs. By understanding your competitors, we can create a compelling product vision.
Is exploring emerging technologies and evaluating their applicability to the problem domain of your project. This method helps substantiate new approaches for addressing users’ unmet needs by understanding how others have approached similar problems in other contexts or domains that may not be directly applicable but provide inspiration for new approaches.
In conclusion, inspirational and executing solutions for a better life is what Ximedica specializes in. These tools are just a few of the many that Ximedica uses to inspire and execute solutions for a better life. By asking the right questions at the start of the product development cycle, we can provide a comprehensive commercialization strategy that will ultimately lead to inspiring and executable product vision.