Minimum Viable Product Development

Launch Plan, Skills, Investments

Minimum Viable Product development is nothing but a process where business assumptions particular to custom software are verified along with testing the demand for a new product at a low cost. The development stage for MVP differs based on the application of code and hence the time taken to deliver the MVP also varies.

Generally, the MVP’s delivery time ranges from two weeks to seven months. When it comes to the development stage, for no code or low code development it takes two to five days, however, for code-based development, it takes six months.

Nevertheless, the investment for launching a software-based MVP ranges from 1/10 to 1/3, roughly, of the final software cost.

    Minimum Viable Product Implementation Plan

    In order to get a comprehensive minimum viable product implementation plan, contact Livyoung Realtech Enterprise. We provide complete detail about the steps and time required to develop MVP. However, steps and duration vary based on the intricacy and uniqueness of a solution along with the type of the product.

    Step 1. Discovery & MVP planning (2 weeks-1 months)

    Business Analysis for product

    For custom enterprise software

    Road-mapping

    Architecture design

    MVP Integrations

    Technology Stack

    Step 2. Proof of concept & rapid prototyping (2 months)

    Step 3. Mvp development project planning

    Step 4. MVP development (2 days- max)

    Code-less MVP Development

    Code-based MVP Development

    Step 5. MVP launch & further iterations

    Skills Needed for Software-based MVP Development

    Livyoung Realtech Enterprise encompasses both the professionals and required skills to develop software-based Minimum Viable Products.

    Project Manager

    UX Designer

    Business Analyst

    Back-end developers

    Front-end developers

    UI Designer

    Quality Assurance Engineer

    MVP Development Costs

    Roughly, the investment for launching a software-based MVP ranges from 1/10 to 1/3, of the final software cost. The entire cost of MVP development is determined by a number of factors:

    Sourcing Models of MVP Development

    Basically, we support four sourcing models of MVP Development:

    All in-house

    Partial (Technical Only)

    Full (Technical Only)

    Complete outsourcing

    Build the Right MVP with Us

    We have had several experiences in assisting our clients in developing the right MVP and thus, you can rely on us.

    We provide:

    Consulting

    End-to-end solution

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    Hiroto Yamamoto

    Project Delivery Manager

    Visited their office and satisfied with their expertise

    I had the experience of engaging LIVYOUNG services for one of the custom software which my organization wanted to develop. Good thing is they are based in India as well as Germany which perfectly suited us. For me it was easy to manage locally and the management to have peace of mind since they are German. I visited their offices in Pune and have been pretty satisfied with the clear analysis, timely execution and keeping things under budget. This testimonial is my Thank You note to LIVYOUNG.

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    Market Research Analyst at Gothman Research Group

    Very experienced team

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    Bloom Technologies

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