What is the Role of Technology in Managing Product Complexity?
Technology plays a pivotal role in managing product complexity. Advanced software solutions can assist in the design and simulation of complex products, reducing the need for physical prototypes and speeding up the development process. Technologies like 3D printing can also aid in the rapid prototyping and production of intricate components. Moreover, data analytics and machine learning can help businesses understand and predict potential issues, allowing for preemptive measures to be taken.