10 Best New Product Development Software For 2022

Ben Aston
The Product Manager
3 min readSep 5, 2020

This article will help you quickly compare and evaluate the best product development software and other product development cycle tools.

There are so many components to planning and building a viable product that it can make your head spin. A central tool is useful for syncing your product teams — taking your product strategy and using it to develop your product through prioritization, prototyping, testing, and through to launch and post-launch.

In this post, I’ll explain what this software does and highlight some of the best product development software on the market today. I will also answer some FAQs that product managers are sure to find helpful.

The Best Product Development Life Cycle Software

Here’s a shortlist of the best product development software:

  1. Wrike
  2. Monday
  3. Airfocus
  4. Clubhouse
  5. Kanbanize
  6. Pendo
  7. Pie
  8. Planview
  9. Favro
  10. Amplitude

Product Development Management Software FAQ

What Is Product Development Software?

Product development software (sometimes called new product development software or just NPD software) is a digital tool that helps you develop a product whether you are interested in minimum viable product software development or a fully-fledged alpha product with a feedback system for ongoing development.

It can help you with product roadmaps and planning, analyzing your existing product data for better decision-making, task assignment and organization, communication and collaboration, bug tracking, and feedback/revisions/updates.

What Are the Benefits Of Product Development Software?

NPD software can benefit your product teams because it’s a way to keep all elements of your product development in one, easy-to-access hub.

By maintaining one source of truth, you will be able to foster your development team to shorten their time to market and maintain a higher degree of accuracy in every step of the project.

What Is The Difference Between Product Design Software And Product Development Software?

Product design software focuses more on the interface, aesthetics, branding, and/or physical presence of the product. It will most likely become a component of product development as a whole.

Product design software isn’t used to manage a product — it’s used by the designers to conceptualize, prototype, sketch, wireframe, etc. An example of product design software is the popular AutoCAD, a design and drafting app often used by architects, engineers, and graphic designers.

How Does This Software Relate To Product Management Software?

Product development software is a type of product management software. For more details on product management software, take a look at these 10 Best Product Management Tools Of 2020.

Is There Free Product Development Software?

Yes! Some examples you might want to try include OpenProject, Trello, Taskade, Craftwork Marketplace, Productific, Productstash, and Bitrix24. Many tools have a free trial, too, if you want to try before you buy.

Product Development Process Software Comparison Criteria

What are we looking for when we select product design and development tools for review? Here’s a summary of my evaluation criteria:

Key Features:

  • Idea Generation
  • Product design tools
  • Resource allocation
  • Budgeting
  • Task lists with dependencies
  • Product road mapping
  • Issue tracking
  • Product marketing
  • Communication/collaboration tools
  • Concept Testing
  • Product implementation

Evaluation Criteria:

  1. User Interface (UI): Is it clean and attractive?
  2. Usability: Is it user-friendly and easy to learn? Does the company offer good tech support, user support, tutorials, and training?
  3. Integrations: Is it easy to connect with other tools, especially common tools used by product development teams like Google Suite, GitHub, etc? Any pre-built integrations?
  4. Value for $: How appropriate is the price for the features, capabilities, and use case? Is pricing clear, transparent, and flexible?

Keep reading to see the full article of 10 Best New Product Development Software For 2020

Originally published at https://theproductmanager.com/ on July 9, 2020.

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