What is Time-to-Market?
Time-to-market refers to the period it takes for a product to move from conception to being available for purchase. Reducing time-to-market is often a critical goal for companies, as it allows them to capitalize on market opportunities, respond to customer needs faster, and gain a competitive edge.
Time-to-market can be influenced by various factors, including development speed, resource availability, and decision-making processes. Effective project management, streamlined development processes, and agile methodologies can help reduce time-to-market and deliver products more quickly.