Theodo is a software and app development company that helps enterprises and startups build minimum viable products (MVPs) quickly. We work closely with our partners to create a product with the feature-set required to validate assumptions while gaining traction in the marketplace.
A minimum viable product (MVP) is a stripped-down version of an application with the minimum features needed to satisfy and solve a customer challenge. In business, organizations use MVPs to validate assumptions they make about their product or service. It’s the first step towards cementing a product strategy. In technology, building an MVP should result in a solid codebase architecture and a technological foundation that supports longterm scalability and growth.
An MVP allows organizations to launch a simplified version of their product while gathering critical user insights. MVPs are great for lowering the barrier to entry and gathering feedback from real end-users to guide the design of future product iterations. Ideal for start-ups and enterprise organizations who are trying to cost-effectively enter a new market, building an MVP can be the first step to an effective long-term product strategy.
As a low-risk approach to product development, MVPs allow organizations to test the marketplace without investing too many resources and risking failure if the product isn’t successful.
Large scale, fully-featured apps can take years to develop and launch. The agile nature of MVP development provides organizations who have limited resources, like funding or development talent, with various benefits in both the short and long term.
For an MVP to be successfully built, a strategic approach must be taken to slim down the ideal version of the end product to the most streamlined version. An MVP’s only function and goal should be to solve the challenge end users are experiencing. If the feature doesn’t directly contribute to solving that problem, it shouldn’t be in an MVP.
Typically, organizations follow these steps to successfully build an MVP:
Organizations taking initial steps toward creating an MVP often face two main challenges:
Partnering with an expert development organization can empower your team with the strategic guidance and expertise needed to identify the most important features to include in your MVP. By partnering with software developers, you also gain access to a full development team who have experience building MVPs and can ensure your product will be developed and brought to market quickly.
Theodo is a world-wide MVP development agency that helps organizations bring product concepts to life in record time. By working closely with our partners to understand their business goals and leveraging our long-term experience with building MVPs, we provide the insights and expertise needed to bring the right features to the right users in weeks.
Our expert team of developers work hand-in-hand with your team to ensure deadlines are met. Our team has years of development experience using various frameworks including React, React Native, Node.JS, and Python. We take the time to train your internal development team on the specific framework used for your project to set your team up for long-term success.
Tell us about your project to learn how Theodo can help quickly bring your software concept to life.