Product studios is a 21st century ecosystem that supports creativity and innovation. They could be the next step for the startup world. With apps available now that makes it easy to build applications, websites and services using intuitive and graphical tools the cost for trying something out has gone down. A product studio formalizes this loop of trying something out from an idea to a product or service delivered to a customer. Studio’s like this will become key in democratizing and spreading the word that it has become so easy to do something on your own now.
Big companies that still innovate on every level of it’s organisation knowingly or unknowingly have built product studios into it. Some companies call this “culture”. Building fast, testing fast, learning fast. When these principles become a part of the company’s DNA, you are not stuck in long meetings trying to convince managers and executives.