article thumbnail

The Problem With Over-Engineering

Mentormate

As long as a strong project management team is in place, such risks could be mitigated rather seamlessly. Here’s why: The main purpose behind building a prototype is to test ideas fast so that, if they don’t turn out to be feasible, you can quickly come up with better ones at a minimum cost. A wrong sense of priority.

article thumbnail

From digitization to algorithmisation: How chatbots combine RPA, AI, and ERP

Capgemini

Possible use cases range from updating names, postal or email addresses, phone numbers to more complex cases where more data needs to be analyzed by AI, like changing order details, contract data, or authentication methods. These use cases have several benefits in common: Direct connection between different systems (with the same front-end).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Infinite Loop Part II: The Solution

Wolk Software Engineering

I have frequently encountered startup CEOs who have difficulty committing the word “Minimum” in Minimum Viable Product (MVP). One simple but effective way to solve a problem like this is to encourage the usage of Minimum Marketable Feature (MMF) over MVP. It was made up of missionaries, not mercenaries.

article thumbnail

Fintech App Development – Process, Cost

Existek

Project manager. MVP stands for the minimum viable product. That’s why it’s worth considering two-factor authentication via SMS, Email, or else. You can see that the team size can vary depending on many factors. UI/UX designer. Front-end developer. Back-end developer. Quality assurance engineer.

Fintech 52