PoC vs MVP: What’s the Difference?

What is Proof of Concept?

It is a document that shows how developing a solution (a website or a mobile app) is practically possible for solving a particular problem. A PoC document allows developers and business developers to find and test the technical aspects of a business solution.

A proof-of-concept helps in developing a minimum viable product as well as creating a technical prototype. Unlike the two, however, it has no commercial value. It is a tool purely for internal use by the business.

What is Minimum Viable Product?

An MVP or minimum viable product is a bare-bones avatar of a business product or service. It facilitates comprehensive product development and offers businesses a reliable way to collect invaluable data for improving their offerings. A minimum viable product is also often used to develop an MMP or minimum marketable product.

By building an MVP, a business can know whether its product meets user requirements and has a demand in the market. It also helps to collect real, actionable user feedback to further refine the product over the next development sprints.

PoC vs MVP

Both PoC and MVP are different but interrelated concepts. Here, we will pitch them one by one on the basis of various parameters. Let us start the PoC vs MVP debate beyond the basics:

1.Audience

An MVP is meant to attract early adopters and investors. Contrary to this, developers and R&D professionals use a proof-of-concept document to know how the idea will come to fruition. In modern Agile workplace environments, a PoC document is used to develop a minimum viable product.

2.Development Time

PoC can take a few days to a couple of weeks to complete. Comparatively, a minimum viable product demands a few months to several months. A prototype can be completed within a time span of a few weeks to a few months.

3.Investment Required

A PoC document can be prepared in a fraction of the budget required for developing an MVP. That’s because it’s only a tool for feasibility study while a minimum viable product is an actual product with nothing extra.

4.Revenue

PoC is not for sale. It isn’t available to customers, clients, or consumers. It is strictly for internal use. An MVP, however, can generate revenue from users and investment from potential investors and backers by demonstrating the potential of the business solution.

5.Risk Addressal

Both PoC and MVP help to mitigate risk. While a proof-of-concept document helps to minimise technical risks, a minimum viable product is helpful to avoid developing a product with little to no market demand.

By gaining user feedback, a business solution can be tweaked in subsequent development rounds to incorporate features that the user wants.

6.Type

While a minimum viable product is an actual product, a proof-of-concept is just a document that shows the viability of a business idea.

A PoC helps to assess the technical feasibility of a business idea. An MVP, on the other hand, helps to validate a business idea and craft a market-fit product based on user feedback.

7.Use

Since both PoC and MVP are different, they are also used differently in software development. A proof-of-concept helps to determine the technical aspects of a business idea as well as to test them. A minimum viable product, however, helps to develop a market-fit product based on user feedback and attract investors.

As we know that software development is a multi-stage process, the end product of one stage comes useful in the other. A proof-of-concept helps to realise MVP software development and build a technical prototype, and a minimum viable product helps in full-fledged product development.

MVP vs PoC: A Comparison Table

PoC vs MVP vs Prototype

PoC and MVP are often confused with one another and with a prototype. The trio are similar but not the same. To sum up, this is the difference between PoC, MVP, and a prototype:

A prototype helps to reduce the risk of user dissatisfaction. It is also useful for developing a minimum viable product or minimum marketable product. Although it is not available for end users, a prototype is used by businesses to attract investment.

You can consult an experienced mobile app developer like Apptunix to get guidance on developing a PoC, MVP, or prototype for your business solution.

When to Choose MVP or PoC?

Finally, it’s time to decide which one you should choose. Each of them has a different role to play in software development. Hence, each one of them is apt for different scenarios. Use MVP when you want to:

• Attract investors.
• Collect user feedback.
• Develop a minimum marketable product.
• Start generating revenue from your business idea.
• Want to check whether your business idea has commerciality.

Choose PoC while you need to:

• Build a technical prototype.
• Create an MVP.
• Determine and test the technicalities of your business idea.

Conclusion

Both PoC and MVP are important for software development. Each of them serves a specific purpose in the process of developing a suitable product to meet market demands.

You need a proof-of-concept document to check whether your business solution is possible or not. Moreover, it lets you know the technical nuisances associated with the product.

Creating an MVP allows you to start selling your product to the users and also to collect user feedback to improve the product and make it a perfect fit for market requirements.