What is the concept of Idea to MVP?

The concept of Idea to MVP involves transforming a simple idea into a functional Minimum Viable Product (MVP). This is the most basic version of the product that includes all the bare necessities to meet the core needs of all early users. It works as a prototype to validate the viability of the idea in the marketplace.

It works best when using lean and agile methodologies and can be beneficially deployed for startup and product management purposes.

The process of Idea to MVP works towards efficiently validating the concept of the product, reducing development costs and risks. It also helps businesses get a functional version of their product as quickly as possible. This is of great help for organizations to fetch real-world insights and data very early into their product development cycle.

See how Nitor Infotech helped an oil and energy company build an MVP in 10 weeks.