Peter Fürst

Peter Fürst is Managing Partner of five is innovation consulting and an expert at optimizing innovation systems as Agile Stage-Gate hybrids, Innovation Portfolio Management and the fuzzy front-end.  During his 20 years of high-level innovation consulting experience he has worked with companies in various industries, including sectors such as consumer goods, chemistry, mechanical engineering, electronics and services. Peter is also a lecturer in innovation management at the University of Applied Sciences – Vorarlberg.

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Digital Transformation and Its Impact on New-Product Management for Manufacturers

For the manufacturer undertaking new-product development, Digital Transformation means smart new products with embedded software. Digital products in turn require software and hardware development teams to work together – a hybrid project – which ultimately leads to combining software development methods with the more traditional gating process that manufacturers use.