Numbers
How long does the development process of a new product take?
Timelines vary by product, sample rounds and supplier lead times. For a published benchmark, Embrox reports that IT and digital projects can complete all seven stages of new product development within 3 to 12 months, especially with flexible methods like Agile (Embrox, 7 Stages of New Product Development Process). Physical products add sampling and manufacturing time on top of the planning work.