The services are organized into three phases: technology forecasting, product development and manufacturing system development. As confidentiality and intellectual property protection are essential for new product development, all work is the intellectual property of the customer, which is encouraged to file patent applications for innovations.
In the technology forecasting phase of the process, Foster-Miller identifies developing technologies that will affect the market in two, five and ten years down the road, leveraging technologies to emerging opportunities. During the product development phase, specialized engineers use research results from one-on-one interviews, focus groups and surveys to turn product concepts into prototypes. Testing and evaluation is also performed to establish manufacturing feasibility. The manufacturing system development phase is the culmination of the process.
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