A business idea for a product is formed based on assumptions. There may be market research involved during the conceptualization stage but the entire product would still be engineered without the involvement of the end user. But, the success of the entire project depends upon how the product serves the needs of the user.
What if – there is a way to involve the end-user in the product development stage and get validation of assumptions. The product would thus be tailored with those learnings, increasing the chances of its success.
MVP or a Minimum Viable Product is a product that is sufficiently viable at the earliest possible stage of development. It is an iteration of the final product with a minimum set of features. It can be used to gain valuable insights on the product before completion of the entire project or audition the business plan. In either of the two scenarios, MVP first strategy brings in multiple benefits.
In this blog on top MVP development companies for startups, let us first examine what benefits an MVP offer and why they are so critically important to a business.
“The ability to learn faster from customers is the essential competitive advantage that startups must possess.”
— Eric Ries, author of “The Lean Startup”
MVP focuses on gaining learnings in the development process, rather than utilizing all resources and going in for a big-bang launch.
When an MVP is made available to clients, it enables them to judge the assumptions in the project in nascent stages of development. This further enables them to determine the business sense in the assumptions and reduce risk. If need be, the business strategy can be reworked. Discussed hereunder are the benefits that MVP-first business strategy brings to the table.
The biggest benefit of MVP is that it saves working capital being squandered away by acquiring crucial information before the product is finalized, marketed, and launched in the market.
The MVP can also be used to demonstrate the relevance and capabilities of a project. This can be done for all the stakeholders involved in the project. Businesses can pitch the potential of the business idea to investors. Similarly, MVP can also be used as a part of marketing strategy.
The data collected reveals the path to be taken for the development of the product for the business. Additionally, if need be, the data can help the business to modify its business model or the modus operandi of the business.
The feedback received also lets the business prioritize the most significant core functionalities from the customer’s point of view during the initial stages of development. This would help to develop a project that is customer-friendly.
The requirements of the product may fundamentally change from the time you conceive the project to the time you commence with the launch of the finalized product in the market. This is true especially for dynamic markets where the competition is stiff. MVP can give you that critical feedback about the recent and previously unforeseen developments in the market.
MVP lets you focus on a milestone before the project is finalized. This helps to break the development of the project down into two parts. This aids in the planning of the project from the business perspective as well.
Software development is a tedious process that requires experience, expertise, and the ability to deliver in exact accordance with the project needs.
The hallmarks of the best software company are reliability, a customer-centric approach, a proven track record, and an ability to deliver a well-engineered and bug-free product meeting all the requirements of the clients.
This is the reason why you should trust only the best in the business. Listed below are the top MVP software development companies.
FATbit Technologies is a leading software development company that is built on the ethos of customer service. It takes pride in delivering high-quality and well-designed minimum viable products (MVPs) as well as software solutions with extensive customizations and integrations. Established in 2004, it has an experienced and highly proficient team of 200+ professionals.
The company provides an array of services that include MVP software development, mobile-first and responsive web solutions with intuitive UX/UI designs, data-driven marketing solutions, mobile application development conforming to the latest in technology and business consultation amongst others.
FATbit offers flexible, robust and scalable turnkey eCommerce software suitable for most markets like retail, food and groceries, online rental, e-learning, ride-hailing, and more. Additionally, the company offers full customization over these eCommerce solutions.
The company values long-term customer relationships. It boasts of a diverse portfolio of services delivered to esteemed clients from all over the world. UNI Diamonds is a fine example of exemplary design, a distinctive UI and an inclusive UX. It is developed via a collaborative effort with the client, achieved via Agile practices of FATbit. The company was able to deliver on the client’s exact requirements.
Classic Informatics offers custom software development and scalable digital products for startups and enterprises. The company also offers Digital commerce solutions to build online stores. Additionally, it offers inbound marketing solutions, MVP development and content management systems. The company implements a wide array of technologies and platforms to deliver high quality products
Having a global experience, Intelivita offers mobile app development, MVP development, AR and VR services. The company focuses on delivering a custom product based on the client’s needs. They implement a stepwise approach to their services, implementing AR and VR for a futuristic and aesthetically pleasing user experience.
UIG studio focuses on the human element in mobile application development resulting in an inclusive UI and UX of the apps and MVP software they develop. They offer full cycle product development to companies of all sizes. It implements a cross team involvement to maximize innovation of their products. Apart from mobile apps and MVP development, the company also develops GIS software. They initiate each project by a discussion with the client over the objective of the project to get the desired results.
Digiteum is an MVP development agency. It offers web, mobile, and IoT development. Additionally, they implement AI and chatbots into their software solutions. They implement a broad tech stack into their projects. The company offers time bound project completion with an early start and quick responses to any changes that may be required. The company caters to clients from all over the world.
Confianz which is a derivative of the word “Confianza” or trust in spanish. The company offers competitively priced and scalable products to SMB’s It builds end-to-end integrated solutions for clients. The company builds mobile applications for both Android and iOS, offers web development services and ERP solutions to enterprises. Confianz has clients in over 50 countries.
Net solutions offers bespoke products and platforms engineered to provide a better user experience.The MVP development company looks to enhance the customer base for their client through better customer experience of its products. It uses around 30 technology products and offers services. The company created the first of its kind mobile monitoring platform that provides 3600 of the entire organization. It uses an agile methodology to produce applications for web and mobile.
WebbyLab is a full-service software development company that specializes in creating custom web and mobile applications. They offer a wide range of services, including web design, mobile app development, Iot development, UX/UI design, and more. They have a team of experienced developers who are dedicated to delivering high-quality solutions that meet the needs of their clients.
Amplework provides MVP solutions for mobiles, Web, VR, IoT, and wearables. Amplework is one of two companies on this list that has worked with clients from the education sector. The company focuses on delivering products keeping in context the human element. Apart from that the company lays emphasis on the quality and performance of its products. It documents the code delivered to you. It also offers continuous product development and maintenance services.
Based out of Palo Alto CA, Reinvently, an MVP development company, that offers to assist businesses in their digital transformation through scalable mobile apps and IoT experiences.It also provides a mobile based MVP with focus on user experience to enhance the customer base of the client. Nugs.net is an example of a live music streaming app that the company has developed for both iOS and Android platforms.
Bacancy Technology offers mobile and web-based solutions through collaborative effort achieved through implementation of Agile. The company also offers solutions that leverage blockchain technology. It also employs all major technologies in the development of its products. The company has 9 offices in 6 countries with 500+ professionals working for them, thus it offers services to clients from all time zones. The company has experience working with multiple Fortune 500 clients.
DevSquad is an MVP development company. The company offers services for UI/UX design; MVP, SaaS and API development. It strives to develop innovative products for its clients. The company prioritizes testing the product sufficiently before delivering. The product development of the company is well managed by focusing its resources towards every single project.
Dash BOUQUET uses machine learning to build minimum viable products for the clients. The company utilizes a wide variety of libraries and frameworks to design the products for the clients. Apart from MVP development, the company also offers mobile and web development services for startups.
Mobisoft Infotech is an MVP development company. It offers services for mobile application development, web development, Cloud, UI/UX services, blockchain and IoT development. It has worked with leading brands from around 35 countries across multiple sectors. It looks to deliver innovative and transformative products through technology adoption.
Monterail categorizes itself as a full-service software development company. It has been listed in the top 1000 companies by Clutch. It utilizes a range of modern technologies including Ruby on Rails and Javascript. The company has a balanced portfolio with on mobile app development amongst others.
ScienceSoft offers software development services to cater to all OS and browsers. Apart from mobile and web development the company also offers IT consulting, Data analytics and cybersecurity services and software solutions such as CRM, ERP and eCommerce solutions. The company provides solutions for the complete IT ecosystem for both cloud based and on premise solutions. It provides innovative solutions with the latest tech trends. The company has worked with clients from multiple sectors.
Oyelabs is a custom software development company. It offers services for mobile and web development, blockchain, IoT, machine learning and MVP development. Additionally, it also specializes in idea prototyping. It offers robust, client focused and data driven products.
Smart-IT is an MVP development company with focus on custom software development and application management and support.The company also offers its software development team to work alongside the client’s It also offers IT consulting services and MVP development. The company has worked for clients from FIntech, healthcare, insurance sectors among others. The company makes the most of modern technologies to power the ideas of its clients.
Appinventiv strives relentlessly to provide innovative and high quality products. It offers full transparency in its services. The company provides a skilled full stack team for hire. It also facilitates full cycle product development. Appinventiv is one of two companies on this list that has worked with clients from the education sector.
Innovify derives its name from the word “innovate” and that is what the company strives to achieve via a collaborative effort with the client. It offers custom software development, mobile app development, IT consultations services to startups, SMEs, and enterprises. It facilitates end to end digital innovation and product development services.
A web and mobile application development company, eSparkbiz offers its services to businesses of all sizes. The company offers MVP development services using Agile practices to drive value to its clients’ projects. Additionally, eSparkBiz provides front-end development, Hubspot COS development, and software development services. The company also provides development teams for hire.
eSparkBiz employs a good range of technologies to deliver cost-effective solutions for its clients.
As per our analysis, we found the above mentioned companies are the best for MVP development. There may be many companies doing better than above-mentioned, but we created this list after extensive research considering pricing, services, user reviews, Clutch rating, trust, and ranking on Google.
If you have the name of any MVP development company in mind that we missed here, please do share it with us through the comment section, we will be happy to see your suggestion. The companies in this list are among the most reputed globally but we recommend you to do a quick analysis at your end before hiring the one for MVP development.
Suggested Read: Top Custom Software Development Companies
What is MVP in development?
Minimum Viable Product or MVP is the iteration of the final product with minimum requisite features that helps a business to acquire validated learnings before the final product is launched in the market.
Why is MVP important?
MVP can help gain crucial insights about the final product from the end-user. It does so with minimum costs involved. These validated learnings helps for a data-driven approach in product development, reducing risk, and maximizing chances of success.
Additionally, MVP may also be used as a marketing strategy to pitch your business idea to the investors or the customers.
What are the MVP stages in business?
MVP stage in a business is the first saleable iteration of the final product. It is the version that has minimum requisite feature-set that can be used as an MVP.
What is MVP in Agile project management?
MVP is critical to companies following Agile Project Management as it provides crucial client feedback, key to the iterative and incremental development practices followed in Agile Practices.
What Is The Need To Build An MVP for Startups?
An MVP will help test market assumptions, minimize risk, and fasten project development with validated learnings.
These benefits can prove to be critical for a startup, especially if the startup is considering implementing a disruptive and experimentative business plan.
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Rohit Gulati is a Mechanical Engineer with an ardent passion for writing. With 14 years of entrepreneurship experience, he shares his valuable insights into business management through his write-ups. When not writing he loves to travel or listen to a number from U2
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