The Client has a start-up business in the United States. This Client is focused on the recruitment technology market. Its business focuses on improving efficiency and quality of the complex process of sourcing in the recruitment industry. The Client business mission is to leverage artificial intelligence (AI) to improve the efficiency and speed of sourcing the best candidates.
Tag: MVP Development
The MVP Approach Improves Start-Up Apps and Software Products
If your business is a start-up, with a concept for an application, a software product or a website to sell to the public or provide business to business (B2B) or business to consumer (B2C) solutions, you know how challenging it can be to get your product off the ground. It takes a lot of investment, resources and time and, if you miss the mark, if there are gaps in your solution, or if you produce a solution with security or compliance issues you will ruin your reputation and your prospective customer base will go elsewhere.
‘By working with an IT partner whose team is expert in Minimum Viable Products (MVP), the business can quickly and easily define requirements and develop a product to gain insight and perspective into the market, business assumptions and customers.’
Studies reveal that 44% of startups fail because of a shortage of cash flow. That means that your start-up business must jealously guard its investments and spend money wisely. Rapid scale and injudicious expenditure and development results in a 74% failure for those start-ups that expand too rapidly and without the required knowledge of what their customers want and need.
The Author of The Lean startup, Eric Ries, coined the term ‘Minimum Viable Product’ to define product development that incorporates a learning period in which the business can develop a simple, illustrative product with minimal features to test its theories about customer requirements, marketing, user interface, and he market using a short development cycle and minimum investment.
Minimum Viable Products (MVP) provide numerous benefits without expensive, time-consuming product development and allow the business to learn from the initiative and invest that learning into the final product, with plans for upgrades, etc.
- Reduce Risk – The business can avoid the risk of producing a product that suffers from overkill and provides expensive features that customers don’t want or need. It is tempting to add all the bells and whistles but the features your customers want may be very different than what your marketing team and IT team see as the vision.
- Mitigate Expenses – The business can limit its investment and avoid having to engage and attract investors and funding.
- Rapid Development – MVPs can be developed very quickly, because they entail only the minimum features and are designed to get customer feedback and to prove technology and functionality theories.
- Customer Feedback – Customers can see and use the features and provide valuable feedback which helps the business define a final product roadmap and makes customers feel more invested in the process thereby ensuring a better user adoption rate.
- Marketing and Advertising – The business can hear and incorporate valuable information from customers to define and hone its marketing messages.
By working with an IT partner whose team is expert in Minimum Viable Products (MVP), the business can quickly and easily define requirements and develop a product to gain insight and perspective into the market, business assumptions and customers.
- Create a basic product with the crucial feature set
- Design and employ a customer feedback loop to incorporate and integrate customer comments and experiences into the final product or iterate future versions
- Create a product launch without all the fanfare of a final launch and the expense of marketing and advertising to build buzz and customer excitement.
- Limit initial investment to ensure that the idea works before investing a lot of capital and resources.
- Better understand pricing strategies and product upgrade schedules.
‘Minimum Viable Products (MVP) provide numerous benefits without expensive, time-consuming product development and allow the business to learn from the initiative and invest that learning into the final product, with plans for upgrades, etc.’
Explore our expert Minimum Viable Product (MVP) services. Discover our Software Application And Maintenance Services, Software Application Development Services and ongoing technology support. Build Your Software Team using our resources, skills and experience. Our flexible services can provide welcome relief to your busy IT staff, and our core value and benefit to the organization is undeniable. Contact Us to find out more about our Partnerships.
Original Post: Minimum Viable Products Enable Swift Start-Up and Product Insight!
Build Your Own Software Team Without Hiring Staff
When your business undertakes a software product or software application project, the in-house team can be overwhelmed. Even if your technology team has the skills to complete a project of this scope, it is nearly impossible to handle day-to-day and strategically planned projects at the same time. BUT, if the business decides to hire an IT consultant, that can be a challenging path as well.
Studies estimate that ‘75% of rapidly growing companies are planning to spend on software this year,’ and that ‘64% of outsourced services are related to software application development.’ If your business wishes to create a software product, a mobile app or a business application, and your team is understaffed or under-skilled, you are not alone. Many businesses are considering expert services to complete their project, and sometimes to support, maintain and upgrade the resulting software solution.
‘If you select a service provider that takes a Build Your Own Team approach, you will be assured of appropriate resources, skills and availability to guarantee timely delivery, an integrated approach to the development lifecycle and a focus on YOU as a business client.’
When a business needs software and application development help, it is often difficult to find a service provider that will satisfy all business needs and do so in a timely, skilled fashion. If a business chooses the wrong service provider, it is likely to face one or more of the following issues:
- Cookie-cutter solutions and teams that provide some, but not all, of the skills required to support business needs.
- Delays in achieving milestones because the right resources are not available at the right time.
- Inflexible team and resource availability to address changing or evolving requirements leads to uncertain results.
- Out-of-date or incomplete skillsets.
- The need to find, interview and select a vendor, sign contracts and establish relationships for each new project.
- Resource instability. Changes and disruption in the team demand re-training, and result in lost resource skills and project knowledge.
- Failure to protect Intellectual Property (IP), Data and User Privacy.
When your business considers an offshore outsourcing relationship or a partnership with an IT consulting firm, it must ensure that the vendor offers a full suite of services AND that these services are available on a dedicated basis as and when the project demands a certain skillset or technology team focus.
Look for references and proven results in the following areas:
- Timely Project Delivery
- Detailed Service Level Agreements (SLAs)
- Cost-Effective Solutions
- Proven Expertise
- Team of Skilled, Highly-Trained Developers
- Efficient Project Management
- Application Outcomes Aligned with Use Cases and Objectives
- Minimum Viable Products (MVP) to test features and customer feedback
- Skills in Low-Code, No-Code Development
- Experience in cutting edge Artificial Intelligence (AI) solutions
- Support, maintenance and upgrades
- 24/7 customer communication
- A Build Your Own Team approach to ensure availability of appropriate resources
‘When your business considers an offshore outsourcing relationship or a partnership with an IT consulting firm, it must ensure that the vendor offers a full suite of services AND that these services are available on a dedicated basis as and when the project demands a certain skillset or technology team focus.’
If you select a service provider that takes a Build Your Own Team approach, you will be assured of appropriate resources, skills and availability to guarantee timely delivery, an integrated approach to the development lifecycle and a focus on YOU as a business client.
Build Your Software Team using our resources, skills and experience. Explore our expert Minimum Viable Product (MVP) services. Discover our Software Application And Maintenance Services, Software Application Development Services and ongoing technology support. Our flexible services can provide welcome relief to your busy IT staff, and our core value and benefit to the organization is undeniable. Contact Us to find out more about our Partnerships.
Original Post : Ensure Success: Engage a Software Partner to Build Your Own Team!
The Client is a start-up healthcare technology company, based in the United States. It takes a holistic approach to overall health by focusing on nutrition and lifestyle, with the goal of decelerating the aging process and providing better quality of life.
The Secret Sauce of Software and IT Consulting Partners!
If a business wishes to remain competitive or to achieve a competitive advantage, it must consider both its internal business applications, and its outreach to consumers, customers, suppliers and partners. Technology, software solutions, mobile apps, web services – all of these offerings can be important to customer satisfaction and internal applications for team members can mean the difference between a productive, collaborative team and a frustrated business user.
In this white paper, we focus on the practical use of Generative Artificial Intelligence (GenAI) in Business Intelligence (BI) and Analytics tools and present several business use cases to illustrate how this approach to analytics can support business goals and help the enterprise to achieve goals. We also discuss some of the challenges a business may wish to consider in order to ensure that its analytics solution effectively incorporates GenAI so the enterprise can confidently depend on results and improve user adoption and ROI.
MVP Design and Development for Start Up Businesses!
When you are the owner/executive of a start-up, you guard the time of your team carefully. You only have so many hands to get the job done and every effort, every initiative must pay off. And when it comes to investments, your logic and your plan must be solid. You can’t afford a misstep. The products and services you plan to introduce into the market must be spot-on, and the cost to design and deliver those products and services must be carefully controlled.
Hire App Developers to Ensure Start-Up App Success!
As a start-up business, you understand the challenges of being an entrepreneur. Start-up businesses are typically short-staffed. Team members must play numerous roles, and days are long and filled with more tasks than the team can accomplish. Start-ups survive with great ideas, innovation and vision. But to achieve their goals, they must be able to execute on those visions.
Minimum Viable Products Provide Metrics for Success
If you aren’t familiar with the term ‘Minimum Viable Product,’ here is a brief definition: A Minimum Viable Product or MVP is a version of a product that provides minimal features – just enough for customers to use and provide feedback on the product. That feedback is then incorporated into the final plan for the product, thereby allowing the creative team or software vendor to ensure user adoption and anticipate features and functionality the customers want now or may want in the future.
Minimum Viable Product (MVP): What Is It and Why Does My Business Need It?
What if your business could see into the future? What if you could launch a consumer app or an in-house software program without risking years of investment, time and resources, only to find out that you missed the mark? What if you could test your theories about software features and functionality and ensure that you had it right BEFORE you launched your product?
