Vijay Bejugam - LION - SAFe®’s Post

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Product Evangelist @ JP Morgan Chase & Co I Transforming Ideas into Exceptional Products

Swiggy Dineout and Zomato being competitors..have launched their new feature - "GROUP ORDERING" at the same time !! These phenomena highlights the competitive nature of markets, where companies often work on similar solutions to address user needs, leading to simultaneous releases ! Anyways, below scenarios can be part of the use case 🤔👉 around from product management perse : 1.*Coincidental Launch*: When two or more companies launch similar products or features around the same time, without any apparent collaboration or copying. 2. *Simultaneous Innovation*: When multiple companies develop and launch similar innovations independently, often due to similar market demands or technological advancements. 3. *Parallel Development*: When two or more companies develop similar products or features simultaneously, often due to similar research and development efforts. 4. *Convergent Innovation*: When multiple companies develop similar solutions to the same problem, leading to similar features or products being released around the same time. Articles of release Zomato: https://lnkd.in/gGd_NiUW Swiggy : https://lnkd.in/gPm6b-zS #curious #product #featurerelease #competition #collaboration #productmanagement Institute of Product Leadership ICFAI Business School #icfai

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