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Practical No. 2 Development of Concept of Innovative Product Using Modelling Software
Practical No. 2 Development of Concept of Innovative Product Using Modelling Software
2
Development Of Concept of Innovative Product
Using Modelling Software
Significance of innovative product :
Here are some of the key reasons why innovative products are significant
1. Competitive Advantage: Innovative products can give companies a competitive edge
in the market, allowing them to differentiate themselves from their competitors and
attract more customers. This can result in increased market share, revenue, and
profits.
2. Customer Satisfaction: Innovative products can meet the needs and expectations of
customers better than existing products, leading to higher levels of customer
satisfaction and loyalty.
3. Industry Disruption: Innovative products can disrupt entire industries by introducing
new technologies, business models, or ways of doing things. This can create new
opportunities and drive economic growth.Social Impact Innovative products can have
positive social impacts by addressing important societal issues such as sustainability,
healthcare, and education 5 Brand Reputation: Developing and launching innovative
products can enhance a company's brand reputation and increase its perceived value
in the eyes of customers.investors, and stakeholders.
Overall, innovative products can drive growth, competitiveness, and positive social
impact. making them an essential aspect of business and societal development.
2. Side-view
3. Mirror and Torch light
Mirror
Torch light
4. Disc-Brake
Conclusion Remark:
In conclusion, the design of an innovative product bicycle incorporates a wide range of
construction details that are aimed at enhancing performance, efficiency, comfort, and
control. The use of lightweight and durable materials, aerodynamic designs, and advanced
technologies such as electronic shifting and hydraulic disc brakes, has revolutionized the
way we ride bicycles. The design of modern bicycles is also driven by the need to address
environmental concerns, with an increasing emphasis on sustainability through the use of
eco-friendly materials and energy-efficient technologies. The result is a product that offers a
superior user experience, customized to meet individual needs and preferences, while also
integrating with other devices and technologies. As such, the design of an innovative
product bicycle represents the best of human ingenuity and creativity, and is sure to
continue to evolve and improve in the years to come.