Minimum Viable Product (MVP)
MVP is a simplified version of a software product that is built to finally validate the market demand and business potential of a new idea for future iterations
Concept Viability Validating
Users Feedback Gathering
Data-Driven Decision-Making
Full Functionality Defining
Cases That Justify It
Limited Resources
When a Customer has limited time and budget and wants to minimize risk before committing more resources to full-scale development
Fast Market Entry
When getting a product to market quickly is crucial to secure a competitive advantage, capture market share, or respond to changing market conditions
Securing Funding
When a Startup needs to demonstrate its potential to investors or stakeholders, helping secure funding for further development and growth
Key Activities and Deliverables
Project Discovery Phase typically includes several key activities and deliverables, which may vary depending on the nature and complexity of the project
Project Discovery
Сreation of a trustworthy Project Charter Document, which outlines the following: Scope, Deliverables, Budget, Timeline
Software Prototype
Creating UI/UX, testing business logic and user flows for early gap detection and elimination to minimize the costs of multiple reworkings while development
Technology Evaluation
Researching and selecting the most suitable technologies, third-party services, libraries, tools, and frameworks to be used
Software Architecture
Designing a high-level software structure and organization (components and relations), along with guidelines that address performance, scalability, maintainability, security, etc
Scope Priorities
Updating the Product Roadmap and Project Schedule to ensure alignment with the go-to-market strategy or other Customer goals
MVP Development
Developing a basic version of the software with essential features, including client-server infrastructure, database, back-end, APIs, 3rd party integrations, front-end (all needed applications), etc
Testing and Validation
Functional and Non-Functional testing of all software components aims to identify and eliminate defects, prepare for production, and ensure ongoing support of user requests
Software Maintenance
Post-release maintenance via an ongoing process of changing, modifying, improving, fixing, optimizing, and updating the software to keep up with end user's needs
Software Documentation
Updating system descriptions, design decisions, architecture docs, creating technical help guides, and writing user manuals (in compliance with ISO/IEC/IEEE standards, if required)
MVP Packages
Share your objectives and constraints with us, and we will identify the best-fit MVP package tailored to your needs, encompassing the optimal scope of work for your MVP. The final cost depends on the scope and complexity
Budget-Smart MVP
Centered on maximizing budget efficiency, this package aims to deliver as many features as possible within the available funds. Cost-increasing activities or solutions are deferred to future iterations to prioritize budgetary savings
$25 000 - $75 000
Accelerate MVP
Designed for rapid development and swift market entry, this package strictly prioritizes the scope of work. Any aspect that hinders the development speed of essential functionality is deferred to future iterations
$25 000 - $100 000
Funding-Ready MVP
This package emphasizes high quality to attract substantial investments and garner positive early responses from the target audience, ensuring a polished and investor-attractive product
$50 000 - $250 000
PoC or PoT
Software Prototype
MVP
Full-scale Software
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