What is MVP in software development?
MVP in software development stands for "Minimum Viable Product." It involves quickly releasing a basic version of a product with essential features to gather user feedback and refine the development based on real-world usage. The goal is to validate assumptions, test the market, and iteratively improve the product.
At Newwave Solutions, we begin by validating a product idea, receive invaluable user insights and quickly iterate and improve a product, before fully developing it.
Our trophy cabinet
Our quality and dedication in outsourcing software development projects are underscored by more than 30 awards, accolades, and achievements we have earned.
Benefits of MVP software Development
In recent years, as a premier MVP app development company and MVP development agency, we have tirelessly worked on developing over hundreds of MVPs. Our expertise spans across the entire spectrum of MVP app development and MVP product development models, ensuring comprehensive solutions for your needs. These initiatives have consistently delivered valuable results, providing you with:
- Swift Feedback: MVP enables quick user feedback for prompt adjustments.
- Cost Efficiency: Focusing on essential features minimizes development costs.
- Market Validation: Validates product ideas before full-scale development.
- Quick Time-to-Market: Accelerates the product launch process.
- Risk Mitigation: Identifies and addresses potential issues early on.
- Iterative Improvement: Allows continuous refinement based on user feedback.
- Early Adoption: Builds user loyalty through early access and involvement.
- Resource Optimization: Prioritizes efforts on impactful features.
How do you develop an MVP?
Idea Validation
The concept validation phase always comes first in our development process. It involves a wide range of diverse components, such as customer feedback, surveys, and questions to ask to ensure nothing is overlooked.
Clickable Prototype Development
We, as an MVP development company, create clickable prototypes for both web and mobile applications so that we can assist you in analyzing the functioning of the user interface (UI). In addition, we will offer a visual portrayal of the interface so that you may have a clearer understanding of what we have in store for you.
Concierge MVP Development
The construction of a Concierge MVP is a trustworthy and risk-free method for determining whether or not there is a need for the product. It entails using pre-made solutions to issues, frees the programmer from the obligation of developing additional functionality, and allows them to provide you with bespoke MVP development services.
Full-Fledged MVP Development
A fully functional minimum viable product (MVP) is a finished product you can demonstrate to your target audience to determine whether it alleviates their problems. The finished product is a conglomeration of the designs, functionality, and features that went into making it.
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Leverage our Outsourced Software Product Development Services to tap into a wealth of expertise in diverse technologies, ensuring your project benefits from the latest advancements.
Our Work
Wise Solutions
Core Technologies We Use
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CMS
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cloud
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database
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framework
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frontend
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java
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Microsoft
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Mobile
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ui ux
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PHP
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Top technologies to build MVPs?
The above services will help provide you with the tools to build a great MVP product. Here are some top technologies to build an MVP: Ruby on Rails Python Laravel/PHP Node.js
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Is outsourcing an MVP beneficial for startups?
Yes. When you outsource the MVP development services for startups, you are handing the project off to individuals who are experts in their field and have years of expertise. Therefore, it will save a significant amount of time and minimize risks.
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Does the owner receive code authority upon project completion?
Of course. After the conclusion of the project, all authority over the code is transferred to the owner of the business.
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How is my data protected?
Since we recognize and appreciate the significance of data, we insist all parties sign a non-disclosure agreement (NDA) before beginning any collaboration with us.
Working model
Staff Augmentation
Enhance your team with skilled professionals, adjusting resources as needed for project success.
Extended team
Expand your capabilities seamlessly by integrating our skilled professionals as an extension of your in-house team.
Fixed Price
Predictable cost structure for projects, with a predetermined price agreed upon before the work begins.
T&M
Flexible billing model for projects, paying for actual hours worked and materials used.
Hourly hiring
Paying developers based on the number of hours worked is a common option for short-term or project-based work. This provides flexibility and allows for precise tracking of expenses.
Daily hiring
Some businesses opt for a daily rate, particularly for longer-term projects where the workload may vary from day to day. Daily rates offer simplicity and may provide cost savings compared to hourly rates for extended engagements.
Monthly hiring
Hiring developers on a monthly basis is suitable for ongoing projects or when consistent support is required. Monthly rates offer predictability in budgeting and staffing, making it easier to plan resources over the long term.
Yearly hiring
For businesses with ongoing development needs, hiring developers on a yearly basis provides stability and continuity. This option is common for full-time employees or dedicated team members and ensures a consistent presence for the duration of the contract.
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Process
01. Ideate
Our top consultants conduct thorough business and technical analysis, define your organization’s goals, determine priorities, and prepare the preliminary vision of your solution.
02. Design
Our Solution Group develops the solution architecture, project implementation roadmap, and a prototype of the solution with performance, usability, security, and scalability in mind.
03. Build
We develop your solution, relying on Agile methodologies and the most efficient technologies, while we continuously monitor software quality and implementation of engineering best practices.
04. Launch
The product is launched after meticulous preparation of the release strategy and documentation, final adjustments to match the solution vision, and performing release testing.
05. Scale
Newwave Solutions experts will make sure your product grows together with your business. We help you advance your system through performance tuning, adding new features, security updates, and automated scaling.