Research and Development (R&D), refers to experimental activities undertaken by Corporations or Governments in Developing new Services or Products, or Improving existing Services or Products. Research and Development constitutes the first stage of Development of a potential new Service or Product. Software Product Development Process determines the future success of the Company.
These services often involve a combination of scientific, technological, and engineering expertise.
AARK Technology Hub understands that R&D is the most risky financing area for Businesses. Despite that AARK Technology Hub keep Investing in R&D in new Technologies. Current Technologies we are Investing are:
- BlockChain
- Machine Learning
- Deep Learning
- RFID (Radio Frequency Identification)
- BLE (Bluetooth Low Energy)
- Big Data
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Our R&D Operation Stages
Idea Generation
This stage involves brainstorming, exploring emerging trends, conducting market research, and identifying potential areas for innovation. It aims to generate creative ideas and concepts that have the potential to address specific challenges or capitalize on new opportunities.
Feasibility Assessment
Once an idea is generated, it undergoes a feasibility assessment. This stage involves evaluating the technical, economic, and practical feasibility of the proposed project. Feasibility studies help determine if the idea is viable and whether it aligns with the business's goals and resources.
Experimentation and Prototyping
In this stage, experiments are designed, prototypes are build, and tests are conducted to validate the feasibility of the idea. Data and results are collected and analyzed to refine and improve the concept.
Development and Commercialization
Once the idea proves to be feasible and promising, the R&D process moves into the development stage. Here, the idea is transformed into a tangible product, service, or process. It involves further refinement, engineering, manufacturing, quality assurance, and regulatory compliance. The final outcome is then prepared for commercialization and market introduction.
Continuous Improvement and Innovation
R&D is an ongoing process that requires continuous improvement and innovation which This involves monitoring technological advancements, market trends, and customer feedback to identify new opportunities and areas for improvement.
AARK Technology Hub is always open for doing technical partnership with other companies to help them come up with POC (Proof Of Concept).
