The cost of failure is high. Engineered systems or formulated products can fail in unexpected and catastrophic ways, and if this happens after your product has hit the market, the loss of public trust, or a judgment against your company can leave long-lasting consequences on corporate value. From space shuttle missions and medical devices, to food products and automotive parts, success in innovation means dealing with failure.
Invention Machine Goldfire is innovation software that empowers engineers and scientists to conceive and validate the right ideas the first time, so they can quickly and easily deliver market leading products. Goldfire fuses proven ideation and problem-solving methodologies with precise access to corporate and external knowledge, bringing repeatability and uniformity to the product innovation process.
Learn why leading companies worldwide are using Goldfire to:
- Establish closed-loop innovation processes integrating design, quality and defect resolution
- Analyze and document a chain of effects and their causes
- Automate workflows and systematically complete problem definition and analysis
- Achieve “fast failure” to proactively identify solutions early in the process
- Leverage Failure Modes and Effects Analysis (FMEA), Root Cause Analysis, and Reliability Engineering
For more information on how Goldfire can help your organization mitigate risk, please contact us today.