Leading Software Company
Bring Your Idea to Life with a Minimum Viable Product
Turn your vision into a functional prototype in no time—without the need for technical know-how. Let us help you build, test, and validate your idea before full development.
Awards and Recognition
Technologies That We Have Mastered for MVP Software Development
- GPT
- Ollama
- Gemini
- Claude
- Langchain
- Stability AI
- Php
- Kotlin
- Angular
- Golang
- Rails
- Github
- SQL
- Java
- Python
- WordPress
- React
- Aws
- .Net
- Javascript
- Node Js
- ios Swift
- Android
- Azure
- ios Swift
Why Choose Binary Marvels
At Binary Marvels, we accelerate your journey from concept to market with our agile processes, ensuring faster delivery and helping you stay ahead of the competition. Our cost-efficient approach reduces development expenses without compromising quality, while our robust security measures safeguard your business-critical data. We deliver high-quality, scalable software tailored to your specific needs, backed by a flexible team that scales up or down as required. With our proven and transparent delivery framework, we ensure every project is completed on time and to the highest standards. Partner with Binary Marvels for innovative solutions that drive your success.
MVP vs Prototype vs PoC
Proof of Concept
$2000 - $3000
- Purpose: Test the technical feasibility of a product idea and demonstrate key technological concepts or capabilities.
- Development Stage: Developed at early stages of product ideation to validate technical viability.
- Target Audience and Validation: Showcasing to stakeholders, investors, or potential partners to gain confidence in the solution's technical feasibility.
Prototype
$5000 - $7000
- Purpose: Showcase visual design, interaction flow, and user experience.
- Development Stage: Created during the early stages of product development, refining concept and design before full-scale development.
- Target Audience and Validation: Primarily for internal stakeholders to visualize and assess the product's intended look and functionality.
MVP
$5000 - $15000
- Purpose: Validate product viability, gather user feedback, and test core value proposition.
- Development Stage: After initial creativity and planning, focus on building a functional product with essential features.
- Target Audience and Validation: Released to the target audience for market testing and iterative improvements based on real-world usage.
POC vs Prototype vs MVP
POC
Duration: (2 weeks)
Theoretical demonstration of the concept (in the form of a code or a document) to see if the idea can be turned into an actual product.
Purpose: feasibility
Targeted towards: Project owners and technical team
Prototype
Duration: (4-6 weeks)
Interactive representation of the product’s design to demonstrate user flows and software layout.
Purpose: demonstration
Targeted towards: Project stakeholders
MVP
Duration: (4-6 weeks)
A fully functional product with key features.
Purpose: Test product functionality or generate early revenue
Targeted towards: End users
Significance of MVP Development
Availing MVP development services minimizes the financial risks associated with product development and increases the chances of building a successful and sustainable product through iterative and incremental improvement.
Lower Cost of Development
Focused Development Efforts
MVP development prioritizes essential features, efficiently allocating resources.
Cost-Effective Testing
Launching an MVP allows cost-effective testing of product hypotheses, guiding future decisions.
Lean Development Practices
MVP encourages lean practices, minimizing wastage and optimizing costs.
Reduced Development Time
By focusing on core functionalities, MVP development accelerates the development process.
Early launch Opportunity
Gaining Early Feedback
Launching an MVP allows startups to gather valuable feedback from early adopters, guiding future development.
Building a User Base
Early launch helps in building a user base and generating buzz around the product, attracting investors and partners.
Iterative Improvement
Continuous iteration based on user feedback refines the product, increasing its value proposition and chances of success.
Market Validation
Launching an MVP validates the product concept, providing confidence to stakeholders and investors.
Expertise in Various Industries
As an MVP development company, Binary Marvels has a track record of successful MVP assistance across various industries. Our extensive experience in these domains allows us to bring industry-specific insights to your diverse project.
Binary Marvels has a strong track record of developing MVPs in the construction industry. With a deep understanding of the unique requirements of the trade, we build MVPs that streamline project management, improve communication, and enhance overall efficiency.
For the healthcare industry, we develop cutting-edge MVP software solutions that enhance patient care, streamline administrative tasks, and ensure compliance with industry regulations. Our technology aids in empowering medical professionals and organizations to deliver high-quality care and improve patient outcomes.
With a focus on the dental field, Binary Marvels delivers specialized MVPs that improve clinic management, patient communication, and treatment planning. Our software development helps practitioners provide top-notch customer experience while maintaining efficient practice operations.
Binary Marvels FinTech MVP solutions enable financial institutions to stay ahead in a digitally transformed world. We create innovative financial technology products, from mobile banking apps to trading platforms.
Our industry-specific expertise in logistics and automotive allows us to build tailored MVP software solutions that optimize supply chain management, fleet operations, and inventory control. In return, our clients achieve higher efficiency, reduce operational costs, and ensure smooth logistics operations.
Binary Marvels expertise in e-commerce and retail focuses on developing solutions that drive online and in-store sales, optimize inventory management, and enhance the overall shopping experience. Our technology empowers retailers to stay agile, adapt to changing consumer behaviors, and thrive.
MVP Development Costs
Custom MVP software development may cost anywhere between $40,000 and $300,000+, making up 10–50% of the total development cost. Depending on software type and complexity, MVP investments can vary as follows:
$5,000-10,000*
For a mobile MVP.
$5,000-20,000*
For a web portal MVP.
$7,000-50,000*
For a SaaS MVP.
Get Your MVP Costs Estimated
Codistan is ready to estimate MVP costs for your specific project to help you set a reasonable budget.
What our clients say
Hear from Our Thrilled Clients: Success Stories & Testimonials
FAQs
MVP in software development refers to building a bare-bone version of your product that bundles only the must-have features that really matter to your customers. Global companies resort to MVP in the development of new products to make sure there is a demand for the solution and to reduce the costs of development.
MVP development services typically involve a team of experts who work closely with the company to define and deliver the core features of the product. The team takes over the end-to-end process of MVP for software development to create a functional pilot version of the product that can be tested by a select group of users.
The costs vary greatly based on the complexity of your product, project scope, and your niche. Contact our team to get an accurate estimate for your project.
Companies farm out MVP projects to third-party vendors to reduce the costs of development and access a wider talent pool. For example, MVP development services in the USA will cost you twice as much as the same services in Poland.
You should first shape your product vision and decide on the must-have features of your future MVP. With a clear vision, you can turn to an experienced MVP development partner to get your vision implemented.
MVP for software development usually takes from 3 to 6 months. The timeline can vary based on the project scope, the number of screens, and the number of experts involved in the process.
Startup MVP development allows fledgling companies to save time and resources by investing in essential features. Also, MVP development services for startups help companies collect valuable feedback from early adopters and iterate on their product vision. By testing the market with a minimal version of the product, companies can mitigate the risk of poor product-market fit.
Before contacting us, you should identify the problem you’re trying to solve through market research. Then, we help you better define a problem statement and develop a proof of concept to demonstrate the feasibility of your idea. Next, we identify a list of must-have features for your MVP and build a prototype to demonstrate the main functionality of your solution. After that, our developers work on developing a Minimum Viable Product, including its front-end and back-backend. If your MVP proves viable in the consumer or business setting, we turn it into a full-fledged product.
