Research and development also known as R&D is the process by which a company works to generate new knowledge that it might use to create new technology, products, services, or systems that it will either use or sell.
research is the process that is started from the birth of humans. Research and development have a major role in the success of the business because they have spurred innovations that improve business efficiency, reduce costs, and increase sales through new and better products. R&D is an important means of achieving future growth and maintaining a relevant product in the market.
many companies give a chance to the youth’s ideas taking efforts to make discoveries that can help develop new products or ways of doing things or work towards enhancing pre-existing products or processes. These activities come under the Research and Development (R&D) umbrella.
Types of Research:
Basic Research:
This type of research only conducts basic research phenomena of particular products or ideas. This research does not have much practical or commercial application. When research bodies aim to understand the subject model more completely it comes in the basic research category.
Applied research:
Applied research is more fixed and controlled objectives. This type of research aim is to determine the address of a specific customer and the industry’s requirement and need. This process is more focused on the product and process. Applied research is a non-symmetric way of finding a solution to a specific research problem or issue. this problem or issue can be on an individual group or societal level. It is called “non-systematic” because it goes straight to finding solutions. It uses the practical application of the available scientific tools to get to the determined solutions.
Development
Development is a process that ensures good quality of life for all people in terms of happiness, harmony, and satisfaction of essential needs. It is related to the improvement, progress, and aspirations of people.
Design and development of prototypes and processes are also part of this area. Development is a process that creates growth, progress, positive change, or the addition of physical, economic, environmental, social, and demographic components. Development is the most important thing in human life as well as surrounding. the term development is used from the birth of humans. As we can see that many of the products that we use are also well-developed things.
Rayat Centenary Innovation and Incubation Foundation
Do you want to develop your ideas? Do you want to reach great heights in the corporate world? If yes, then the Research and Development Center at RCIIF is the best choice available for you.
The Rayat Centenary Innovation and Incubation Foundation (RCIIF), Kharghar is the best Research and Development Centre in Navi Mumbai.
RCIIF helps to grow and improve your business. It helps to research your market and your customer needs and develop new and improved products and services to fit these needs.
RCIIF R&D Center is located just a few Kilometers from Kharghar railway station. RCIIF provides testing and production characterization, consultancy, training as well as literature and patent search in areas of core competence.
It works in Three domains.
- Research
First of all RCIIF analysis all the concepts of product research and understands the best facilities for the product then give approval for the next research process. The aim of RCIIF is to increase the knowledge, awareness, and salience of research & development. It organizes conferences, publications, and lectures, and makes media appearances
2. Product Development.
RCIIF not only helps you to sell the right product but also helps identify if your idea can meet customer needs and market demand. The potential result is a better return on investment in your product. RCIIF conducts a series of steps that includes the conceptualization, development, design, and launching of a concept to the market.
- Product Testing
RCIIF helps to analyze a product concept, feature, and functionality to determine how potentially customers may use or react to the product.
Research Facilities provided at RCIIF
- Research funding support
- Help with government schemes
- IPR protection
- Dedicated Space for research activity
- Product Design & Development
- Prototype building
- Product testing & validation
- Certification support
- Commercialization support
- Entrepreneurship development & business Training
Conclusion
“Research is seeing what everybody else has seen and thinking what nobody else has thought.”
Research and development (R&D) are when businesses gather knowledge to create new products or discover new ways to improve their existing products and services. As the industry is becoming increasingly demanding, there is a continuous need for the development of yourself and the industry also.
RCIIF, as a research organization, brings its domain expertise, judgment, and robust networks to help in research, analysis, and execution. To have a significant impact on performance and a coherent and essential set of these practices that are implemented. It compares metrics like quality, UX, and value to find out which product concepts customers like best.
So what are you waiting for? Let’s connect for a better tomorrow.