Creating a new software-based digital product or service, in any area of business and in any corner of the world, ideally should follow these steps:
- Proof of Concept(s): created to help companies and entrepreneurs to validate their idea(s) from a technology point of view, needing very small budgets and delivered in a short period of time.
- The Prototype(s): designed and built to allow stakeholders to actually interact with their idea(s) for the very first time, collect valuable feedback, acquire capital from investors and prepare for further development.
- The Minimum Viable Product: high-quality software-based development of "the idea" into an actual digital product or service, containing only its core (most valuable) features, powered by technology, ready to hit the market and generate real profit (by regular use or by reselling to 3rd party).
Each idea is unique so each idea should have a unique solution.
We invite you to download our latest infographic: Proof of Concepts vs Prototypes vs Minimum Viable Products (POC vs PROTO vs MVP).
This infographic will help you discover and understand the differences between Proof of Concepts, Prototypes, and Minimum Viable Products.
The decision to follow the 3 steps when developing an idea into a digital product or service is based on the complexity of that idea and on business priorities.
We are here to help and provide advice on what is the best course of action for you and your business. Contact us and let's talk about your ideas.