Proof of Concept (PoC, PoT)
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 Call For It
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
Proof of Concept (PoC)
Feasibility Testing of Ideas
When it's necessary to validate the market demand and potential of a new business idea
Raising Capital
Early business idea demonstration to potential investors and clients with the purpose of raising money for further product development
Early User Feedback
When it is crucial to assess whether a new software can solve a specific problem and meet a particular user's needs
Technical Feasibility Testing
When it is critical to ensure that a technology solution is feasible and able to work as intended
Technical Validation
When it is crucial to test that technical implementation meets established technical KPIs
Compatibility Testing
When it is important to test that technical component can be used in a specific application or system
Proof of Concept (PoC)
Key Activities and Deliverables
PoC or PoT typically includes several key activities and deliverables, which may vary depending on the nature and complexity of the project
Problem Definition
Articulating the problem the PoC or PoT aims to address and outlining the objectives and success criteria
Requirements Gathering
Identifying the requirements, such as technical specifications, business needs, and any constraints
Selection Criteria
Establishing criteria for further evaluation, including factors such as performance, scalability, compatibility, cost, etc
Technology Evaluation
Research and selection of the most suitable technologies, tools, and frameworks to be used
Software Architecture
Developing a high-level design and architecture, including user interface mockups and system diagrams
PoC or PoT Development
Developing innovative and unspecified core software components while tackling technical challenges and incorporating specialized third-party integrations
Testing and Validation
Conducting tests to assess the results against established criteria, verifying if the defined objectives perform as expected
Final Report
Outlining the objectives, results, issues encountered, and all adjustments made to address the issues
Demonstration and Evaluation
Gathering feedback from stakeholders and evaluating the PoC or PoT against the defined success criteria
PoC, PoT Packages`
Share your objectives and constraints with us, and we will identify the best-fit package tailored to your needs, encompassing the optimal scope of work for your PoC or PoT. The final cost depends on the scope and complexity
Technical Research
Research on 3rd party service APIs, libraries, tools, frameworks, etc., to be used, including the Solution Map for further Development
$3 500 - $5 000
Achievable R&D
Research on special 3rd party service APIs, specific libraries, etc., and Development that addresses non-typical functionality and complexities
$5 000 - $10 000
Challengeable R&D
Research and Development of software components, focusing on implementing solutions that address complexities and challenges
$10 000 - $50 000
PoC or PoT
Software Prototype
MVP
Full-scale Software
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