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A minimum viable product is a product that has the smallest number of features possible while still addressing a user's need. Minimum viable products have fewer moving parts, so there's less room for things to go wrong.
MVP development is faster and requires fewer resources, so it costs less. A minimum viable product (MVP) must solve a specific problem and be as light and agile as possible.
At DEV.co, we develop minimal viable apps with the following agile process: Discovery, Prototyping, Refinement, Testing, Launch, and Ongoing Support.
More info about minimum viable product software development:
https://dev.co/mvp/
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