Cutting Design Costs with Owens Design CEO, John Apgar
Since 1983, Owens Design has mastered the art of product development by reducing design costs while simultaneously producing high-quality, peak-performance semiconductor equipment designs.
Through optimizing operations in our company’s day-to-day processes and unique staffing methodologies, we have pinpointed some counterintuitive elements that are vital to cutting costs for capital equipment design.
Reducing R&D costs involves proper team pacing, utilizing the most experienced team players and engineers, accelerating design speed to stay on schedule, moderating the necessary checks and balance, and more.
Since our early days, Owens Design has operated by this specific model. Our previous CEO, John Apgar, discussed our processes in detail in EE Times, including how Owens Design cuts costs while delivering the highest quality semiconductor designs from our team of highly-trained, specialized engineers – a process still relevant in our daily operations.
Five Simple Steps
According to Apgar: “The [semiconductor] industry has been under tremendous pressure to reduce the cost of design for semiconductors and all electronic equipment. Driven by ever-decreasing prices in the end markets and the expanding global economy, companies are closely examining their research and development costs. This has led to decreased R&D expenses as a percentage of revenue.
“Unfortunately, too many companies have focused on the wrong elements in their attempts to reduce design cost. Fortunately, there are five simple organizational and process changes that can dramatically reduce design cost.
“Following this process will not only reduce program development costs but also improve your design team’s morale and employee retention rate.”
Reduce Your Design Costs
Contact an Owens Design engineer if you’d like to learn how to cut your design costs while minimizing risk, accelerating time-to-market and scaling high tech production.