Needham, Massachusetts January 6, 2005 - Needham, MA-based
Goldense Group, Inc. (GGI) announces results of its fourth
biennial study, the 2004 Product Development Metrics
Survey. Groundbreaking primary research in the processes,
tools, and systems companies use to manage intellectual
property (IP) reveals the level of attention companies are
now paying to this increasingly critical asset. Increased
use of a rigorous product selection process and metrics
for research and development (R&D) are encouraging signs
of progress.
Biennially since 1998, GGI surveys industry on product
development practices and metrics. GGI's 2004 Survey
was conducted by sending questionnaires to a wide distribution
of product development professionals in industry, in North
America, Europe and Asia. Replies were received from 202
companies in a range of industries. Respondents completed
75 questions covering demographics and the following five
areas: product selection process, product selection tools,
IP management process, IP management tools, and top corporate
metrics. The 2004 survey was completed by respondents from
April through early August 2004 and published in October
2004.
GGI's research found that nearly half of companies now
use the most rigorous product selection process, ultimately
leading to better marketplace success and less wasted resources.
Groundbreaking research on IP management revealed largely
informal practices while some companies are aggressively
capitalizing on their IP's value and potential for revenue
generation, through licensing and selling IP. Usage of overall
R&D performance metrics has increased.
A detailed description of the research is on GGI's web
site: http://www.goldensegroupinc.com/biannual.shtml,
click on "Description - Research." Click on "Description
- Product" to obtain selected results and an overview
of available reports.
Reports summarizing GGI's research are available through
http://www.goldensegroupinc.com/biannual.shtml.
GGI offers survey results in three reports of increasingly
detailed description and analysis: Highlights (MR31 - executive
summary), Summary (MR32 - middle-management-level view),
and Results (MR34 - detail-level view).
About Goldense Group, Inc.
Goldense Group, Inc. is a consulting and educational firm
specializing in leading edge management techniques and technologies
used by line management functions. GGI is considered one
of the top small consultancies in R&D and product development
in North America, and a thought leader in quantitative analysis
and metrics for R&D and product development.
Contact Information:
Richard James, Research Director at Goldense Group, Inc.
781-444-5400 x202
rjj@goldensegroupinc.com
At A Glance
Goldense Group, Inc. [GGI]
Headquarters: Needham, MA
Website: http://www.goldensegroupinc.com
CEO: Bradford L. Goldense
Employees: 5-20
Organization: Private
Revenues: Private (2002)
Net Income: Private (2002)
Source: via Business Wire.
Updated 03/20/2003 by company.
