Security in innovation and optimisation
When designing innovations and optimisations, you often find yourself in uncharted territory. A proof of concept can help to avoid pitfalls and rule out risks.
A proof of concept is a virtual calculation and analysis or a physical model of the concept. As a product owner, it can help you to identify potential problems and eliminate them early on. These could be technical problems, or perhaps logistics or operating issues.
A proof of concept has other benefits. You can ask employees and other parties for feedback on design decisions. A successful proof of concept can help to convince stakeholders and investors to back the idea. It also allows you to prove that the concept satisfies the legal stipulations and regulations.
Why a proof of concept?
A proof of concept helps you to avoid risks such as:
-Standstill of a defective machine leading to production process stagnation
-Recall actions once an incorrect product has been launched on a large-scale
-Danger of death due to legal stipulations not being properly followed, e.g. on the production of a gas or the design of an amusement attraction
-High and worthless design costs due to a concept that contains deficiencies being progressed to development and finalisation
