The perfect and concise definition for a ReallyGoodInnovation.com glossary article about the term "Toolkit"
A controlled environment in which organizations can test and experiment with new technologies and ideas without the risk of failure.
Lifecycle Management refers to the efficient monitoring and maintenance of a system or product. A product is continually iterated, developed, and improved based on an understanding of it's lifecycle.
Exponential growth: The rapid increase of a quantity where its rate becomes ever more swift relative to its current size.