Build MVP to launch your product fast.
Hit the market in the most effective way!
Verify if there is a room for your product on the market through MVP development. It’s the fastest and most efficient way to test your product or service with the real audience. Build your minimum viable product with core features first, and turn it into a full product later. You will get our full support on the whole way to success.
Why does your startup need minimum viable product?
There are numerous benefits of MVP development for businesses. In essence, this process verifies your idea and explores product potential on the market. What other profits can you gain with minimum viable development?
Cost-efficient way of building a product
Faster product development
What does MVP stand for in business?
MVP (minimum viable product) is a startup and product development approach in which only the core features are built. This way, the business idea can be quickly and cost-efficiently verified with real customers. The decision on further development can be based on MVP response.
Minimum viable product for startups - what challenges you may face?
Why work with a technology partner?
Building a high-quality minimum viable product that will charm your customers requires different sets of skills:
- Front-end and back-end professionals to build the functionality and features
- UI/UX experts to provide an outstanding user experience
- A project manager to control development process
- Know-how to build cutting-edge software products
“Working with their team has been a really great experience”
Institutional Cryptocurrency Lending Platform
Let’s say you are a software house that prides itself on offering world-class technological expertise and IT development for blockchain, cryptocurrency, and telecommunication companies at a reasonable price and on time. And you like challenges. Then, one day, you are approached by a cryptocurrency lending company, with a mission of creating a financial infrastructure that encourages the borrowing and lending of cryptocurrency assets, to develop the code for programmers from the ground up. Do you take it?
How we build MVP for startups and SMEs
Across many years of building digital products for our customers, we have implemented a proven method that helps to build quality, dynamic and scalable products within the given timeframe.
Idea validation with technical analysis
The initial and obligatory step is validating the idea. With this phase you will get a clear answer if the idea can become a real product in the future. We also advise on the best tech stack for the product. Tech stack is all of the digital tools and technologies we’ll utilize to develop MVP.
Discovery workshop provides a basis for you and software development company to work towards envisioning a product and the business behind it. This is a stage where all crucial decisions will be made like technology stack or essential features. As a result, you can expect low fidelity wireframes and well defined user stories together with a timeline for your entire product. After the workshop both parties understand the size of the project, as well as the client’s objectives and expectations.
Development and design process
We use Scrum to manage all MVP projects. It’s the best framework in agile methodologies for teams that need to deliver results fast. We work in two-week sprints, incorporating planning, development, testing, reviews. Each sprint starts with planning and finishes with a demo to present the current progress of MVP development. Moreover, through the whole development phase you have permanent access to the live version of the application to help you win shareholders’ and investors' interests.
At this step, your application is tested by our development team and is ready to hit the market. It’s the last time to check if your MVP meets all business requirements and there was no miscommunication. After your final sign off, we can move to the most exciting phase - the launch.
Minimum viable product is ready for the market and our team releases it. Once your product is deployed, you can start using it and gather feedback instantly. Now you can start thinking about these extra features that you scoped out of the MVP and plan your product in a multi year perspective.
Manage your MVP
When your MVP is delivered, all you need to do is to focus on your business. We take care of the operational part to keep things running smoothly. AWS or Google? We manage the infrastructure of tens of apps for our clients on many different clouds. We will oversee security, server updates, performance monitoring, nightly backups, the regular maintenance of features, bug fixes and changes.
Work with top MVP development company on your project
Choosing the right technology partner for your business is not easy.
At Ulam Labs, we assist you in each step of your MVP development, from the idea, through planning, across the development stage, till the release.
We provide a comprehensive range of services for end-to-end product development, including design, development, implementation and support. We build scalable and robust software solutions for enterprises and startups.Let's work together
- since 2012 on the market
- 20+ successful projects
- Startups and SME oriented
- All range of industries: Fintech, Telco, E-commerce, and more...