Glossary

MVP Development

Definition

MVP (Minimum Viable Product) development is a strategy where you build the smallest version of a product that delivers core value to early users. The goal is to validate your market hypothesis, gather real user feedback, and iterate before investing in full-scale development.

In Detail

An MVP strips away non-essential features to focus on the problem your product solves. This approach reduces development costs by 40-60% compared to building a full product upfront. For startups, it provides proof of concept for investors. For enterprises, it validates new business lines or internal tools before committing budget to a complete rollout.

Business Use Case

A Graz-based logistics startup needed to prove that their route optimisation algorithm could reduce delivery times. Dev House Austria built an MVP with core routing, driver assignment, and a mobile companion app in 10 weeks. The startup used the working prototype to secure EUR 1.2M in seed funding and then proceeded to full development.

FAQs

Q: How long does MVP development take?

Answer: Most MVPs take 8-12 weeks from kickoff to launch. Complex products with multiple integrations may take up to 16 weeks. We use 2-week sprints so you can track progress and adjust priorities along the way.

Q: How much does an MVP cost?

Answer: MVP projects typically range from EUR 15,000 to EUR 50,000 depending on complexity, number of features, and whether mobile apps are included. We provide transparent estimates after a 1-week discovery phase.