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The Product Management Challenge
To be profitable in this globally competitive business economy, enterprises need to nourish predictable product delivery to maintain a constant stream of product innovations for a sustained ROI.
Research shows that 90% of new product launches captures only 1% of the market and that inventing new products is not enough… enterprises must constantly adapt their projects to meet market needs.
Ryma continues to break the barrier by enabling and implementing solutions that help transitions enterprises from reactive product management organizations to proactive innovators of tomorrow's products and solutions.
We proudly present our Integrated Product Management Solution - which incorporates our Adaptive Product Management Foundation - a powerful engine of change that bridges the gap between business strategy and the aspects of people, process and technology using three tiers of business excellence: Anticipate ·Cultivate ·Innovate. Our IPM Solution empowers Product Management Communities to achieve alignment with strategic objectives while minimizing total cost of ownership.
| The Facts… Speak for hemselves
90% of New Product Launched capture 1% market Share… due to lack of information mismanagement in non-collaborative environments – Boston Consulting Group Out of every 100 Product Development Projects: 63 are cancelled and 12 fail… due to misaligned Requirements Management criteria Booz Allen Up to 1/3 of Product Management Development is spent on unnecessary work based on misinterpreted information - McKinsey 46% of Product Development resources are spent on Products that fail – Cooper Product Management/Development Institute |
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Enabling the Integrated Product Management Experience
| Ryma’s is enabling Product Management Excellence by offering an Integrated Product Management ecosystem that is [r]evolutionizing Product Management. Enterprises who anticipate market needs; cultivate business opportunities and deliver innovative products increase market share. Obtain market leadership to drive ROI. Ryma’s Adaptive Product Management Foundation empowers forward-thinking Product Management Teams to deliver greatest market value for the least product investment within a dynamic environment that encourages change. Business-critical decisions can be synthesized into winning products that provide enterprises with the competitive advantage to:
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Anticipate Market Trends to Cultivate Business Opportunities that Drive Product Innovation
Anticipate
Anticipating market demands provides enterprises with increased time to position and respond to market opportunities. With Ryma’s Solutions Product Management communities can:
• Identify and capture market evidence
• Determine market problems
• Identify potential opportunities
• Validate markets
With increased market knowledge, Product Managers can address market demands and move Product Management communities from being reactive to a proactive approach.
Cultivate
Cultivating business opportunities will lead to increased market reach, increased business relevancy and the better leveraging of resources. With Ryma, Product Management communities can:
• Socialize and understand markets
• Identify competency needs and requirements
• Develop and propose business cases
• Identify balance between market needs and investment
With increased market understanding, business relevancy and leveraged resources, Product Management communities increase their credibility along with the volume and value of their market opportunities.
Innovate
Innovating product solutions leads to clear product differentiation, increased competitive advantage and higher market value. With Ryma, Product Management communities can:
• Establish, align and communicate dependant roadmaps
• Collaborate competitive requirements and features
• Define and validate launch plans
• Manage and monitor launch plan activities
With a consensus of roadmaps and product information extended enterprise teams act in unison to repeatedly deliver quality products within budget and on time.