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Predictive Product Development: Dr. Michael Jastram Senior Solutions Architect

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Page 1: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Predictive Product Development:

Dr. Michael Jastram

Senior Solutions Architect

Page 2: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Products are at the heart

of delivering value to

your customers.

Page 3: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

We are undergoing

massive transformation.

Page 4: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Digital Transformation Maturity Scale

Page 5: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

In the last 15 years, 52% of the Fortune 500 companies have disappeared In the last 15 years, 52% of the

Fortune 500 companies

have disappeared.

Average life expectancy of a company:

75 Years in 1955

15 Years in 2015

vs.

Source: Fortune 500

Page 6: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

“Waterfall” Product Development

DEVELOP

DELIVER

DESIGN

DEFINE

Page 7: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

The Challenge

DEFINE

DESIGN

QUALITY ISSUES

DEVELOP

POORLY UTILIZED RESOURCES

OVER BUDGET

DELIVER

MISSED DELIVERY

SCHEDULE

SCOPE CREEP

Page 8: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Apply systems processes, methodologies, analytics and insights to product and

market information to create better, more efficient business outcomes.

Page 9: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

DEVELOP

DELIVER

DESIGN

DEFINE

Predictive Product Development

Page 10: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Predictive Product Development

DEVELOP DELIVERDESIGNDEFINE

Visibility Alignment Insight Benchmarking

Breadth & Depth POV on Best Practices Analysis & Insights Team, Company,

Cohort Benchmarks

Page 11: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Predictive Product Development

BuildMeasure

LearnInform

DEVELOP DELIVERDESIGNDEFINE DEFINEDELIVER

Page 12: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Predictive starts with a well defined process

DECISION FRAMEWORKWORKFLOW GOVERNANCE

DEVELOP DELIVERDESIGNDEFINE

Page 13: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Predictive offers analysis and insights

DECISION FRAMEWORKWORKFLOW GOVERNANCE

DEVELOP DELIVERDESIGNDEFINE

ANALYSIS & INSIGHTS

Page 14: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Predictive has breadth and depth

DECISION FRAMEWORKWORKFLOW GOVERNANCE

DEVELOP DELIVERDESIGNDEFINE

ANALYSIS & INSIGHTS

vBREADTH AND DEPTH

Page 15: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

DECISION FRAMEWORKWORKFLOW GOVERNANCE

DEVELOP DELIVERDESIGNDEFINE

Predictive offers benchmarks

ANALYSIS & INSIGHTS

vBREADTH AND DEPTH

BENCHMARK BENCHMARK BENCHMARK

Page 16: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

The Jama DifferenceDesigned from the ground up to solve top challenges

faced by regulated systems development teams.

Page 17: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Requirements

Engineering

Page 18: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

PLEASE CREATE ONE FOR FEI?

RBC Medical Innovations

has unified its processes

and enhanced traceability

with Jama Connect,

saving an average of 123

days per project. The

resulting cost savings is

an average of $150,000

per project.

Page 19: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Track real-time progress

Access project status

easily for smarter and

faster decision making

Page 20: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

PLEASE CREATE ONE FOR FEI?

RBC Medical Innovations

has unified its processes

and enhanced traceability

with Jama Connect,

saving an average of 123

days per project. The

resulting cost savings is

an average of $150,000

per project.

Page 21: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

SpaceX eliminated weekly

4-hour requirements

review meetings and

decreased decision time

by 50%.

They operate in real-time

with NASA leveraging

traceability and contextual

collaboration.

Page 22: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Structured collaboration

Solicit and govern

cross-functional

input early and

often

Page 23: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Audit-Proof Review

Page 24: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

SpaceX eliminated weekly

4-hour requirements

review meetings and

decreased decision time

by 50%.

They operate in real-time

with NASA leveraging

traceability and contextual

collaboration.

Page 25: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Automated dashboards for

each project level delivery

group allows the Avid

team to monitor backlog

health across 70 teams

using simple charts in

Jama Analyze.

Page 26: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Purpose-built product development analytics

for data-driven insight

Page 27: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Reveal Data-Driven Insights

Visibility across

Products and

Teams

Cycle Times

Throughput

Volatility Coverage

Velocity

Page 28: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Automated dashboards for

each project level delivery

group allows the Avid

team to monitor backlog

health across 70 teams

using simple charts in

Jama Analyze.

Page 29: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Jama Software helps companies modernize, digitize and

transform the complex product development process.

ZZZZ600+ 20% $230M+

C U S T O M E R SF O R T U N E 1 0 0

170+E M P L O Y E E S C A P I T A L R A I S E D

Page 30: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Semiconductor

& Industrial Tech

Mission Critical Software

SystemsMedical & Life Sciences

Aerospace

& DefenseAutomotive

Page 31: Predictive Product Development - HOOD Group · Digital Transformation Maturity Scale. In the last 15 years, 52% of the In the last 15 years, 52% of the Fortune 500 companies have

Visit us for a

Live DemoAt our booth

Build Great ProductsTM