Tag Archives: OTS Solution

  • MVP, tech startup, OTS Solutions

    The Foundation of a Successful Tech Startup

    The first phase of a tech startup is chaotic, fast-paced and exciting. There’s an idea, and the first step is to launch the company and bring that innovative idea to fruition. A tech startup will do this by building its Minimum Viable Product (MVP).

    MVP Vision
    The MVP is a scaled down version of your product that has enough features to convince the target audience to engage. These early adopters are crucial to gathering the feedback needed that will ultimately prove there is both an interest and demand for the product.

    When building a Minimum Viable Product, it’s essential to remember the word ‘minimum’ — too often, entrepreneurs get caught up in creating a robust MVP that the window of opportunity passes and the need is met by another company. Additionally, entrepreneurs in the MVP phase don’t have large budgets secured yet, so the MVP is limited by financial constraints. Picture the core value of the product and the fastest way to demonstrate this value to the target audience. That’s the basis of the MVP.

    MVP Development
    While the MVP may be the most simplified version of the product, there’s nothing simple about building it. Moving from concept, to design, to development is the longest part of launching a tech startup. While there are plenty of do-it-yourself tools available to put the MVP together, it’s important to think beyond the initial cost to the long-term successes and flexibility of the product. An outside development firm will take into account the founder’s vision and brand, as well as UX and necessary troubleshooting.

    There are many ways to go about constructing an MVP, some of which have been used in the beginning stages of companies like Zappos and Google: Wizard of Oz MVP, Concierge MVP, Piecemeal MVP, etc. Each has its own advantages, challenges and benefits, depending on the overall goals of the tech startup.

    MVP Launch
    Deployment of an MVP should be quick and efficient, pushing the product to the target audiences with a team in place to respond to any mishaps (i.e. bugs, poor user experience, etc.). Agility is key to a successful launch and gaining as many early adopters as possible.

    The launch phase of an MVP can also be called the learn phase, because this is when a tech startup will gather information that will dictate the future, and potential success, of the overall product. A team dedicated to implementing customer feedback will inspire users to not only provide invaluable insight, but develop a personal connection with the overall brand.

    Click here to read more about how a tech startup can go from initial funding to business growth.

  • OTS Attending Dealmakers Summit 2012 at Hilton Tel Aviv, Israel

    Gurgaon, India – OTS Solutions (“OTS”) today announced that they will be attending Israel Dealmakers Summit 2012 at Hilton Tel Aviv, Israel from 20th February to 21st February, 2012.

    Gaurav Sethi, Manager Business Development of OTS Solutions, will be attending the event on behalf of the company and will be meeting the potential clients, prospects to grow the business and help the companies into their IT needs. We are hoping that event will be good and help OTS to gain the relevant and up-to-date information for the business to compete in today’s technology world.

    About OTS Solutions

    OTS Solutions is a Microsoft Certified software services provider offering bespoke Software Development, testing & support services and staff augmentation services across the globe. We are also an Apple and Android Partner for development. Since our inception, we have steadily grown into a reputed provider of high quality and cost effective software development services. Our ability to evolve continuously and flexible approach towards the dynamic business world has helped us to gain success in short span of time.

    OTS has a distinct practice area, “Product Development Practice”, which comprises a large pool of expert and experienced resources with product mindset, team structures and engagement models, which work as an extension of our client’s team. For more information, please visit https://www.otssolutions.com