Proof of Concept (PoC), Prototype, and Minimal Viable Product (MVP) are terms that are often used interchangeably when discussing the development of a new product or service. However, these concepts have different meanings and objectives, so it’s important to understand their differences. In this article, we will explore what each one means and how they relate to each other.

What is Proof of Concept (PoC)?

Proof of Concept (PoC) is an exercise that allow developers to test the feasibility and validity of an idea or concept. It also helps inform decisions about whether it is worth investing time and resources in developing the product further. A PoC usually involves testing a limited version of the product with real users, which helps developers determine if the concept is viable and how it can be improved.

Key Features of a PoC

Proof of concept projects typically have the following features:

  • A small proof of concept team, which may include developers, business analysts, and other stakeholders as necessary.
  • The proof of concept project is limited in scope and timeline. It should be able to demonstrate a proof of concept in a short period of time (e.g., a couple of weeks).
  • The proof of concept project should involve testing with real users and feedback from stakeholders to assess the proof of concept’s viability and identify areas that need improvement.
  • The proof of concept should be able to showcase the most important features quickly without going into too much detail.

► Review our PoC software product development via this link: https://saigontechnology.com/case-studies/survey

 

What is a Prototype?

A prototype is a working model of the product or service that has been created to test the user experience and technical feasibility of an idea. A prototype typically includes a full set of features, but may not include all planned functionality. The purpose of a prototype is to provide proof that the concept can work and will be useful.

Features of a prototype

Prototypes typically have the following features:

  • A larger proof of concept team, which may include designers, developers, and other stakeholders as necessary.
  • The prototype project is usually more comprehensive than a proof of concept project, taking longer to develop and requiring testers.
  • The prototype should include all planned features that will be included in the final product and should be tested by real users to ensure it is usable and effective.
  • The prototype should also include enough detail to give stakeholders an accurate picture of the final product.

 

What is an MVP?

An MVP (Minimal Viable Product) is the most basic version of a product or service. It includes only the features necessary for it to be usable, but not all planned features. An MVP helps validate a concept or idea and allows developers to test the product with real users in order to gain feedback. Saigon Technology, for example, provides MVP development services that help companies quickly launch their products and gather valuable user feedback.

Features of an MVP

MVPs typically have the following features:

  • A small proof of concept team, which may include developers and other stakeholders as necessary
  • The MVP project is limited in scope and timeline. It should be able to demonstrate proof of concept in a short period of time (e.g., a couple of weeks). 
  • The MVP should include only the most essential features necessary to be usable.
  • Real users should test the MVP, and feedback from stakeholders should be gathered to identify areas that need improvement or additional features that could be added in later iterations.

 

The difference between a PoC, a prototype, and an MVP

 

 

PoC

Prototype

MVP

Goal
  • POC aims to prove technical feasibility
  • A prototype demonstrates the business concept
  • MVP helps validate the idea and find a product-market fit based on real end-user feedback

Development time

  • POC requires days or weeks to complete
  • It takes weeks to build a prototype
  • MVP takes months to prepare

Use case

  • POC is used to test technical aspects
  • The prototype helps pitch the product idea and fill gaps in a flow
  • MVPs are used to look for a market fit by assessing user feedback and also help get funding

Audience

  • POC mainly targets developers and researchers
  • A prototype is meant for investors, stakeholders and focus groups
  • MVPs target investors and early adopters. Thus, MVP targets business owners looking to develop software products

Risk evaluation

  • POC reduces the risk of technical problems in your project
  • A prototype reduces the risk of user dissatisfaction
  • An MVP reduces the risk of building a product with no market

Investment

  • POC requires a small budget
  • A prototype requires a medium budget
  • MVP requires a well-defined budget

Revenue

  • POC is not for sale
  • A prototype is also not for sale but generates further investment
  • MVP generates investment and also sells to early adopters

Further use

  • POC is used for technical prototype or MVP development
  • A prototype is only used for MVP development
  • MVP is also used for full-fledged development

 

Final Thoughts

Overall, proof of concept (POC), prototype, and MVP are all important stages in the development process. A proof of concept allows developers to test the technical feasibility or viability of an idea. A prototype provides proof that the product can work and be useful. An MVP allows developers to validate a concept or idea and gain user feedback quickly. Saigon Technology provides services to help companies quickly launch their proof of concept, prototype, and MVP projects. By utilizing our services, you can ensure that your product will be successful in the market.

Content manager
Thanh (Bruce) Pham
CEO of Saigon Technology
A Member of Forbes Technology Council

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