Minimum viable product (MVP) development services
Every technology STARTUP goes through a specific life cycle, from the initial idea to the launch of a fully functional product. However, 42% of startup failures (according to CB Insights analytics) occur because their product is not needed by the market. The MVP process allows you to create a basic version of your product with the most essential features to capture attention and satisfy customer needs.
We specialize in fast-paced MVP development, ensuring your product meets market demands and gains traction swiftly. Our team will develop a product with minimal functionality, providing you with a project ready for launch in just a few months
WHY LAB42 OUTSOURCING?
Critical Factor for Startups
A set of functional features forms the core of a software product and serves as a pivotal factor influencing the cost of software development.
The team of analysts at Lab42 possesses the expertise to assist young startups in identifying the main core functionalities derived from a business idea (a full featured product). By implementing these functionalities, users and potential investors can effectively evaluate the startup.
Startup Cost Reduction
Reducing the costs, if you introduce a minimum viable product (MVP) rather than the final product, is among the most effective.
MVP development helps reduce both software-development costs and accelerate testing for your business idea, thus minimizing failure risk when launching your startup. Our professional team is one of the key elements that help avoid the continuous rise of software development costs.
MVP: A Cost-Effective Functional Product
MVP stands for Minimum Viable Product. An MVP is not a blueprint or shell; it is a working product that must provide value to its audience. The point is that MVP is releasing the product with the smallest number of features so that you can get user feedback immediately.
This is the way to do lifts in your agriculture development in the minimum possible viable product. An MVP is not a mock-up. It's a real working product that should deliver a value to your audience. The whole point is to launch the production with the least feature-set so that you can get feedback from end users as soon as possible.
MVP is an abbreviation of Minimum Viable Production. It will not serve as blueprint or shell; it would be a functioning product, and does deliver value to its audience. The point is that MVP is releasing the product with the smallest number of features so that you can get user feedback immediately.
LONG-TERM PARTNERSHIP
High-Quality Results
Our team goes above and beyond to deliver top-quality results. You will have a dedicated team of developers fully focused on your app, providing a well-defined project plan, estimated delivery costs, and addressing other aspects of your MVP development. The opportunity to continue working with our expert team in the future on any new ideas is always open.
Security Measures
Startups should not hesitate to seek consultation. However, in cases where there are concerns about proprietary knowledge, we are ready to draft and sign a Non-Disclosure Agreement—an agreement to protect confidential information when collaborating with a startup.
FEATURES THAT ADD VALUE
Are you looking to validate your project vision, test a few ideas and select the best one for launch? Perhaps you want to present an MVP to attract investors or venture capital funds. Alternatively, with a small budget or limited time for full development, would you prefer to start your product with just a few essential features?
MVP IS FOR YOU! BECOME A GREAT LEADER!
Launch Your Business in Just a Few Days
- Rapid delivery of a product for real user testing
- Immediate feedback at an early stage
- Identify customer needs and wants, incorporating them into your solution
- Swift, efficient, and expert development for an agile product
- Creation of only the core features – MVP