MVP Development, Rapid Prototyping

The Essential Guide to Building an MVP

Updated on August 20, 2019 by

The rapid rise of the software-development industry over the past decade has brought with it a number of new techniques, methodologies, and processes that have all changed the way startups and software-development companies approach building web and mobile applications.

The combination of high startup-failure rates and the extremely challenging startup market means that maximizing funds, optimizing time, reducing risk, and gathering vital customer feedback has never been so important.

Traditional IT and software-development approaches focus on solving problems for a defined audience. In the startup industry, knowing if your product will solve a problem or if it will captivate your target audience is hard to gauge without a working application.

Startups that follow traditional methods of developing software spend months planning, designing, and building an application without truly knowing if there is a market for it.

This significantly increases the risk of instant project failure. A large part of a startup’s success is based on its ability to test its target market, validate ideas, and showcase the business’s potential.

As a result, a number of new methods have emerged to help software developers plan, build, and release early working applications.

One of the most common forms of a working application is a minimum viable product, or MVP, which has become a pillar of business success and an important way to discover unknown customer and market data.

Learn The Secrets To Building A Successful Minimum Viable Product (MVP)

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