POC is a software development technique used as an effective step to bring solutions to life and validate work. In the context of software development, Proof of Concept (POC) is a means of testing a hypothesis or theory in order to support decision making.
2. A Proof of Concept (POC) is an early-stage prototype used to
determine whether or not a software product can be made. The
intention of a POC is to evaluate the viability and feasibility of a
particular idea. A POC can facilitate the decision-making process
when examining how much money, time and resources should be invested
into a project before going into production with it.
WHAT IS PROOF OF CONCEPT?
3. Proof of concept is an experimental demonstration that a new product,
service, or system satisfies the requirement. An effective proof of
concept helps to establish value for the business, user, and
marketplace. A PoC demonstrates the viability of an idea and allows
you to gain stakeholder buy-in before committing significant
resources or starting execution.
NEED FOR PROOF OF CONCEPT
4. Mitigating Risk - Mitigating risks is a key component of the Proof of Concept.
The best way to mitigate risks is by proposing multiple ideas that can be
tested before deciding upon a final solution.
Anticipating problems and solutions - You can identify potential solutions and
foresee future issues with your idea by doing a proof of concept exercise. A
proof of concept exercise can show you how your idea might function in
practice, enabling you to spot possible issues before they arise and come up
with solutions.
Gaining Stakeholders - The acquisition of stakeholders is a further advantage
of finishing a proof of concept. A proof of concept can demonstrate the
viability of your idea, which may draw the interest of investors and other
stakeholders. You may be able to get the resources you need to launch your
product as a result.
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IMPORTANCE OF HAVING PROOF OF CONCEPT
5. Create objectives for your proof of concept
Develop a plan for your proof of concept
Evaluate the need for your proof of concept
Get feedback from your proof of concept team
Make a decision about feasibility based on your proof of concept
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PROOF OF CONCEPT TIPS
