In the product development process, the "minimum viable product" is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort. Think of it as a "beta" released initially to a rather small number of power users, to test features, find bugs and prepare for a "full production" product.
The idea is sort of like "prototyping." One wants to quickly figure out what features everybody wants, which features nobody wants, and find out fast.
Friday, September 3, 2010
More on "Minimum Viable Product" in Product Development Process
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
Subscribe to:
Post Comments (Atom)
Are Americans 50% to 70% Less Social Than They Used to Be?
Social isolation seems to be a growing problem, a study by DDB Needham suggests. Between 1975 and 1998, the share of Americans who gave or a...
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
Financial analysts typically express concern when any firm’s customer base is too concentrated. Consider that, In 2024, CoreWeave’s top two ...
No comments:
Post a Comment