Life Cycle-oriented Virtual Product Development Technology

Product development is the creative phase in product realization. With progresses made in information technology, contents and influences of product development are continually broadening. This paper focused on new concepts of product development in information age and lifecycle oriented product development theories and methods. It also introduced applications and developments of the Virtual Product Development Technology. Without question, the Virtual Product Development Technology will be a powerful tool to support creative thoughts of engineers in 21 st century.