The AI image generator market is projected to grow significantly in the coming years: The global market size is estimated to reach $60.8 billion by 2030, up from $8.7 billion in 2024, representing a compound annual growth rate (CAGR) of…
A Contrarian Analysis of Silicon Valley's Most Misunderstood Success Story The conventional narrative about NVIDIA's meteoric rise – from gaming graphics company to $3.6 trillion AI giant – misses the most fascinating part of the story.…
Artificial Intelligence (AI) is transforming industries across the globe, leading to significant shifts in employment landscapes. This article examines the effects of AI on job markets in the United States, the United Kingdom, and India, highlightin…
It's no secret that analytics has significantly impacted product management. 1. Analytics has made product management more actionable Product managers have always relied on data to make decisions, but that data is now more reliable and acti…
⭐How to Build a Product Analytics Framework that Works for You ⭐ 1. Set up your product analytics platform The first step is to set up the product analytics platform. This will allow you to track user behavior and collect data on how users interac…
Five reasons for The Rise of Product Management Education at Top Business Schools 1. The increase in product offerings and complexity: Products are becoming more complex, and companies are offering more products and services. This requires a differ…
Don Norman is a cognitive science professor widely known for his experiments in human-centered design and for coining the term 'user experience.' He also has a great collection of essays that provide design advice across disciplines.&…
The Bullseye Framework is named after a dartboard because it is designed around concentric circles representing different business parts. The bullseye refers to product/market fit, which means that your product is being used by customers who …
Software is eating the world. But how about software eating your the traditional product development approach of a business too? It sounds like something out of a science fiction movie, but we see the reality of this ev…
Brooks’ Law is the adage that adding workforce to a late technology project makes it later. Frederick Brooks popularised it in his 1975 book The Mythical Man-Month. The law is still very much relevant today. Why? Be…
Data lies at the heart of product management and is critical to every decision you make. Whether you're an executive looking to bring "data-driven" into your company's mission or a data analyst who wants to move up the ranks, becoming a data-…
Systems thinking is an approach to problem solving and management that looks at the "big picture." It's a way of seeing connectedness and relationship, so we understand why it works when we apply it to something like Youtube. What makes Yo…
One of the most effective ways to build better products is looking at problems and opportunities from a system level.The first step is accepting that all systems have constraints. Constraints are rules which must be respected for an approach to…
💡Digital Product Management, Insights, Day 49: The lean startup methodology is slowly but surely infiltrating all business types.💡The lean startup methodology by Eric Ries suggests three core metrics: -customer acquisition cost-net promoter sco…
The SaaS industry is maturing, and the market is huge right now. Plus, B2B SaaS is growing its roots deeper into the market. --Digital Product Management, Insights, Day 48-- Any B2B business can have a tough time establishing its pres…
Design thinking is defined as a human-centered approach to innovation that draws inspiration from a designer's toolkit to integrate customers' needs, the possibilities of technology, and the requirements for a business.Here are three ways how design…
🟢Enterprise product design strategy is a massive topic. It's downright enormous. How do you tackle all of it at once and ensure your product design strategy is genuinely world-class?🟢How do you stand out among competitors? What are the best practice…
Analyzing whether a product is desirable and disruptive is not straightforward.Here are steps that may help in the assessment:1. It is aimed at under-served customers, who value the features that most existing products don't offer.2. It starts with …
⚡️A world without APIs is a world without Spotify, Facebook photos, Salesforce CRM, and Google search engine. These and many other services we so often take for granted in our online lives would not be possible without the ability to access remote r…
A few years ago, I had the privilege of working with a fantastic team - on a project that no one in their right mind would have wanted to touch. At one point, this product was ranked dead last in market share. Most people saw it as a legacy product …
One way to mitigate this risk is to have a practical test that provides early feedback on what users want. The second is the risk of building something wrong. This can happen for many reasons, including lack of expertise, empathy, or inexperience wi…
Every company's dream is to run its business or service effectively with minimum expenditure and maximum profits.They look for cost-effective solutions that can deliver significant results without compromising quality.Also, they don't want to invest…
Why Agile matters? Agile is about breaking down work into small batches, reducing rework by doing things right from the start, building iteratively with regular feedback from users and stakeholders, and prioritizing the backlog of work by focusing o…
Many things need to be considered in the process of creating APIs.Here are some suggestions on how to best approach APIs and related business opportunities.✨Define business goals first Before you decide if an API is a good idea, you need to und…