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Smart products development in Industry 4.0  The fourth industrial revolution comprises a set of advancements that involve both products and processes. Smart products development (SPD) is one of the critical aspects of this new industrial paradigm, representing several potentials for organizations and markets. Furthermore, the emergence and capabilities of smart

What is Agile? Agile is an iterative approach to project management, software development, and more recently to product development too. Agile helps teams deliver value to their customers faster and with fewer headaches. Agile software development refers to a development methodology centered around the idea of iterative development, where requirements

What is a digital twin? A digital twin is a digital representation of a physical object or system. The technology behind digital twins has expanded to include large items such as buildings, factories, and even cities. Some have said people and processes could have digital twins, developing the concept even

Introduction Additive Manufacturing, colloquially known as 3D printing, has progressively gained importance not only in various fields of business but also in the daily life of consumers. The technology is capable of joining various materials and creating objects from 3D data, usually, layer upon layer in contrast to traditional subtractive

Design-to-Cost (DTC) is a management strategy and supporting methodologies to achieve an affordable product by treating target cost as an independent design parameter that needs to be achieved during a product’s development. Design-to-Cost, as part of cost management techniques, describes a systematic approach to controlling the costs of product development

The topology optimization method solves the fundamental engineering problem of distributing a limited amount of material in a design space. In general, topology optimization programs enable designers to create a robust and lightweight design and minimize material usage. Often, the result is an organic shape, like something one would find