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Functional Prototype: How to Iterate with your Software Product

Altexsoft

The term prototype is often mixed up with a proof of concept (PoC) and a minimum viable product (MVP). You can often find them used interchangeably because every team decides what their validation product will be named for themselves. New technology. What is your budget? No prior experience.

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How MVP helped these Four Unicorns-Uber, AirBnB, Dropbox, Zappos

Enlume

Seasoned entrepreneurs know how important it is to test a business idea before building a complete product. A Minimum Viable Product (MVP) is a simplest form of a product with basic features to prove its technical, functional, financial and market viability. Uber’s earlier app screens. How did it help Uber?

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Technical Feasibility in Software Engineering: Things to Consider Before Development Starts

Altexsoft

Obviously, a thorough feasibility study can’t be done without deep knowledge of finance, technologies, and legislation. Yet it inevitably takes into account and depends on the available budget, timeframes, legal constraints, and post-development operations (support and maintenance.). licensing options. Build a custom system.

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Product Development Process: How to Bring Innovation to Life

Altexsoft

A company can’t benefit from a single unchangeable product eternally, no matter how popular it has been. There comes a time when you have to bring something new and exciting to the market — be it just a useful add-on or a revolutionary technology. Substitute — Which features can be replaced to make your product better?