Why MVP Development Should Be Outsourced
by Anna Khrupa on Dec 15, 2022
Software development is a highly complex and expensive process. You need special knowledge and skills to develop such complex software, so you should contact an outsourcing company. If you want to get a product that users will like, but at the same time, the development cost will be relatively low, it makes sense to create an MVP. Today, we want to tell you about the benefits of such a solution.
What does MVP mean?
MVP stands for Minimum Viable Product. It is a basic software version with all the main features but no complex design or additional elements. It is done to attract the attention of early adopters, identify what features they will find helpful, and how you can improve your product.
Some companies keep MVP as the free version of their mobile app and sell an enhanced version in the form of paid subscription.
What does outsourcing mean?
Outsourcing is hiring a third party to perform specific tasks. Typically, companies resort to this in such cases:
- The staff does not have the necessary specialists;
- Problems with financing;
- Lack of time and much more.
If you have an original idea for creating a unique business but need to create software, it makes sense to outsource MVP development. It will allow you to shift the routine work to other specialists and take on more critical tasks.
How does outsourcing development work?
Before you decide to order outsourcing services, you need to understand how it works and the reasons why outsourcing MVP development may be a good idea for your business.
So, you can order one or more specialists who will perform specific software development tasks. Outsourcing is a good solution if your staff has specialists who work on software development, but due to a lack of time or knowledge, they need help.
In addition, the outsourced development team can take over the entire development cycle, allowing you to forego the maintenance of a whole staff of programmers. It will enable you to take care of more important things, putting software development in the hands of professionals. Practice shows that this tactic allows you to get a good result and, at the same time, save a lot.
What should you know before outsourcing MVP development?
If you want to order outsourced software projects, you need to think about how the finished product will look and how to organize the work. First, you need to study the market, understand the pros and cons of your competitors, and how you can use this in your career.
Next, you need to consider what functions your software will perform, what the interface will look like, and much more. The better you imagine what the finished product will look like, the more likely the programmers will be able to do it well. To organize outsourcing correctly, you need to consider the following essential points:
- Workload;
- How many specialists do you want to hire additionally;
- Economic efficiency;
- Infrastructure;
- Communication and exchange of information;
- Resources and technologies;
- Terms of performance of work.
Outsource technology assumes specialists will work remotely on the other side. At the same time, your interaction can take place by phone, business correspondence via email, or instant messengers. It would be best if you thought beforehand about organizing communication, how often developers should provide a progress report, and much more.
Who is outsourcing suitable for?
Software development should be outsourced if you build a startup’s small MVP. The fact is that most of these companies have a limited budget and very tight deadlines for the release of the product. Maintaining a whole staff of developers is quite expensive, and it takes a lot of time for new specialists to get to the bottom of your project. Outsourcing is an excellent solution if you want to get a high-quality product in the shortest possible time and with minimal financial costs.
However, outsourcing can also benefit large corporations that work on complex software. So, if your specialists are overloaded, the critical programmer has gone on sick leave, or quit, then the only way to deliver the project on time is to turn to an outsourcing company for help.
It is also a good idea to outsource the MVP creation to experts in particular domains, such as healthcare, fintech, etc. Such domains have many regulatory demands, and experts working with those for years will come in handy, save you time and money, and help avoid many problems.
It does not matter what project you are working on, and outsourcing can be helpful for you if your company wants to get a quality product with minimal financial costs in a short time.
Key advantages of outsourcing MVP
There are many advantages of MVP outsourcing, and among the most important can be identified.
Consultation
In the state of such a company, you will find many specialists of various profiles in the leading companies. So, if you need advice on software development, you can easily find the answer to any question here.
Emphasis on development
The specialists you will find by outsourcing are interested in the development of your company, as their earnings and prospects for further cooperation depend on it. Many full-time employees go to work out of habit, do routine work, and do not care too much about the company’s prosperity.
A structured approach to work
Usually, cooperation with an outsourcing company allows you to keep the process of working on software structured and understandable for all team members. So, all specialists know exactly their duties and work on their implementation.
Business expansion
After the project is handed over, work on it continues. To stay competitive, you must constantly improve it, keep track of bugs, add new features, and more.
An outsourcing company can take over the further support of the project, which will allow you to improve and expand gradually.
A few tips on how to organize outsourcing when developing an MVP
If you need to outsource an MVP and you want the collaboration to be successful, you need to follow these tips:
- Analyze the market;
- Decide what services you need;
- Make sure the deadlines to release the product are ahead of the competition;
- Check the work done once a week or every 2 weeks;
- Select the most appropriate tools for creating and testing software;
- Use task management tools to ensure maximum productivity and better team management.
If you can adequately organize cooperation with an outsourcing company, you need to think in advance about how the finished product will look, reporting conditions, and many other aspects.
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