Product development teams are tasked with two sets of goals: those that relate to product quality and performance, and those that relate to the business of product development. These goal lists may vary depending on the type of product, but every team ultimately strives for the same things — low cost, high quality, and fast to-market times. Unfortunately, speed doesn’t always lead to a quality product. That is, unless you have the right technologies and tools in place. Below are five new product development tools that will bring greater agility and efficiency to your new product development strategy process. By learning to harness the power of new technology, your team can better balance cost and speed without compromising quality.