Machine Learning
A type of artificial intelligence that enables systems to learn from data and improve over time without being explicitly programmed.
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“industry dynamics”
Digital Twin
A digital replica of a physical entity, used to simulate, analyze, and optimize real-world operations.
Inflection Point
A moment of significant change in a process or system, where the direction of growth, performance, or trend shifts markedly.
Scrum
An agile framework for managing work with an emphasis on software development, characterized by sprints and iterative progress.
NPD
New Product Development (NPD) is the complete process of bringing a new product to market, from idea generation to commercialization.
LLM
Large Language Model (LLM) is an advanced artificial intelligence system trained on vast amounts of text data to understand and generate human-like text.
Design Principles
Fundamental guidelines that inform and shape the design process, ensuring consistency, usability, and effectiveness in product creation.
Unfreeze-Change-Refreeze
A model of organizational change management that involves preparing for change (unfreeze), implementing change (change), and solidifying the new state (refreeze).
Faceted Search
A search system that allows users to narrow down search results by applying multiple filters based on different attributes or categories.