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Minimum Viable Product is an important element to find potential investors and fund your business. It also brings new ideas to implement through interaction with customers and observing the behaviour. Consequently, the Minimum Viable Product saves time and resources.
MVP, is a developed product with enough features to attract early-adopter customers and validate a product idea early in the product development cycle. In industries such as software, the MVP can help the product team receive user feedback as quickly as possible to iterate and improve the technology solutions. Each development project should start with MVP.

The process of building Minimum Viable Product consists of:

1. Market research.
   
2. Defining the idea and business needs.
   
3. Choosing the core features of new software.
   
4. Chosing the goal of MVP for the product.
   
5. Software development of new solution.
   
6. Custom analysis, adding new features to software.
   

1. Idea of the application.
Custom software is not shelf software, it is important to choose tech stack according to business needs and the whole product requirements.
The tech stack depends on form, size, purpose, specific requirements of your project, functionality of the application etc. The decision has to be based on a deep analysis and evaluation by an expert. Your team of experts is aware of all pitfalls and features of each technology and will advise the tech stack to translate your project into life.

2. Trends and latest features.
Software development is a dynamic sector where innovative solutions and opportunities appear regularly. Custom software development relays on up to date knowledge of developers who take care about providing best solutions and technologies in your application. Maybe one of those will add unique features to your idea? Follow our Frontend News to be up-to-date and use fresh knowledge for your product.

3. Use the knowledge of our experts.
Skilled developers will help to choose the right technology stack for your business and deliver solutions or service according to your expectations.

Have some questions? The Frontend House team is always there to help. Don’t hesitate to ask.

An in-house team of developers is fully integrated into your company, knows the culture of your organisation and scope of the project. Your team of in-house developers is always close to you, so the advantages of an in-house team of developers are proximity, transparency and control over the whole process. But in-house team can have some technology laks in custom software development and will require to hire new experts and it can be less cost effective. However, many companies choose an already-build remote team to develop products for the company. It is usually connected with the complicated and time-consuming hiring process, and as a result, high costs of developed software. It takes time to find talents and coordinate the development process.

Remote team of developers has a range of advantages. You have a wide choice of teams from all over the world. The diversity of skills and technologies allows finding an available tech team with perfect skills for your custom software development. In comparison with hiring in-house tech teams, cooperation with software studios will save costs and time. Finally, flexibility is the next reason to choose a remote team of developers for your software. You can modify the process during the solution implementation: change the number of developers, hire more developers, testers, business analysts etc. Disadvantages of hiring a remote team are the following risks: communication and security gap, and trust or quality issues. Language barriers, different time zones could be a challenge for some companies. As you see, the risks could be reduced by the right team. In both cases, the most crucial and complicated issue is finding the skilled team you will trust - people, who will offer innovative solutions and deliver a quality product. So how to choose right custom software development team ? Take a look at case studies of software studio. Check their reviews. Ask for CV of developers who will take part in the development process. Try to make sure that your custom software is in good hands. And remember that remote team becomes your team of developers for some time. Contact us to have a consultation and make the right choice for your business.

Custom software development of a new product is a complicated process, which is always connected with lots of modifications and changes. A detailed software development plan, which includes all stages of the development life cycle as analysis, planning, design, development, testing, and deployment, will enable the team to reduce means and avoid hidden additional costs. Management of the plan should be focused on each step of process and having in mind cost of each and goals of the solution.

In the beginning, expensive and additional features are not a priority in custom software development. It is essential to choose the core features of your solution and not to overload the cost. The analysis will show which features are necessary on the start. The rest could wait till the better times. MVP will detect all missing pieces, precise the target audience and test the idea. Remember that MVP is not an example of your app but it is core features software. A minimum viable product will save costs by checking the feasibility of the product and its functions and thats why is so important in custom software development.

Your team has to provide access to documentation and working progress, so you will always know what stage your project is currently on. Custom software development requires transparent communication, partnership and support as a core value for Frontend House. Contact us to know more.