We have tried to answer questions as to how we work with our customers and clients. If you cannot see your query here then get in touch and we can help.
Product Development: Cost is the single most constraining aspect of Product Development, and it holds back many projects. However, the cost of Engineering is not usually the biggy. It’s not cheap to engineer, prototype, develop, or manufacture, so it’s important to make good decisions all along the way. That’s one place where EECL knowledge and experience can help.
Every new project is different, so without details, we can’t guess at the cost for you. However, we constantly see dozens of ways customers pay too much, and in that alone, we can save money. We’ll help you think through options and find ways to minimise this aspect of your new development.
Consulting: Again, it’s impossible to estimate a project without understanding it. That said, spending money for consulting to streamline your hurdles and accelerate your project puts you ahead in the long run. Also, for shorter projects, it certainly saves money over hiring full-time staff.
How It Works: There are many ways to structure relationships, but these are the most common:
- If the project is well defined from beginning to end, we can work on a Firm, Fixed Price. We’ll agree on services and price, then work to that.
- If the project path is not well defined, or if end goals are not definitive, we can work to Time and Materials.
- Custom options are available, and specific to your situation.
Please call to discuss your project and we’ll help with a much better idea on cost numbers.
We use this term to describe the process of bringing ideas from first concept all the way into production. Every new product starts as an idea which grows and morphs and expands as it develops into a final product. Some products are sold at stores, some solve specific problems, some stay in a factory to make production easier. These all start with ideas and end up as useful things.
This whole evolution from Idea to Product is called The Product Development Process, and there is a lot to it, much more than most people realise. It seems like it should be simple, but there are a lot of details that have to be worked out besides the design.