vestwell vestwell vestwell
  • About
  • Contact
  • Testimonials
  • Newsletter
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Wednesday, July 6, 2022
No Result
View All Result
CALIFORNIA BUSINESS JOURNAL
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
CALIFORNIA BUSINESS JOURNAL
How Long Does It Take to Build an MVP for Your SaaS Project

Image by Pixabay

How Long Does It Take to Build an MVP for Your SaaS Project?

by California Business Journal Newswire Division
A A
Share on FacebookShare on Twitter

Due to the pandemic, centralized offices have transformed into decentralized networks of people working from home. It has become an incentive for the implementation of SaaS in business processes.

More and more companies are looking to use the cloud to support remote and hybrid work models and improve system reliability. If you have a cool cloud service idea, now is the time to implement it. To understand whether your project will be in demand in your niche, we recommend starting from the MVP stage.

If you still feel uncertain even after reading this post, you can find more useful information on building and running an MVP by following the link: https://intellisoft.io/.

What Is the Importance of MVP for SaaS Projects?

MVP is a basic version of the cloud product with the main features only. However, it cannot be crude or primitive because it must perform its tasks at the maximum level. It is a kind of strength testing of the idea, which helps understand whether the product is demanded by users and corresponds to market trends. However, MVP has much more goals.

ADVERTISEMENT

The test version of the SaaS project allows you to:

  • Inform the industry about a new cloud product and assess demand in real competitive conditions.
  • Capture SaaS market share quickly and grab the attention of both early adopters and investors.
  • Gather a base of interested users before a large-scale launch.
  • Speed up product creation due to the fast refinement of the functionality.
  • Reduce the cost of work by prioritizing functions and eliminating everything unnecessary.
  • Minimize the risk of financial loss in case of receiving negative feedback about a new project.

You should be prepared that the work on the MVP will last more than one week since you need to complete many steps to make everything perfect: from assessing the situation in the niche to sequential deployment.

How Long Does It Take to Create an MVP for SaaS?

The process can be divided into three major steps. The first one is related to market analysis, which implies creating user stories, studying the tech stack, and preparing specifications. Further work is related to design, front-end, and back-end. After testing and checking results, the basic version moves to the launch stage.

Working with SaaS has some peculiarities. For example, after gathering feedback, you should find out which pricing model is attractive to the audience (pay per feature, user, or freemium). It is natural that studying and implementing all the nuances will take some time, but what are the exact dates?

According to our observations, the development of the basic version lasts an average of 3-4 months. It is standard for projects where many specialists are engaged: analysts, developers, designers, DevOps, and QA. Tasks can be executed simultaneously, which saves time. Of course, it is necessary to consider the project’s complexity and scale.

Related Posts

New Business Chart Innovation Teamwork Global Business Concept
5 Things to Consider Before Starting Your Own SaaS Business
images (1)
Special Series: The Future of IT

 

Tags: caseclouddevelopmentfinancialHow Long Does It Take to Build an MVP for Your SaaS Project?improveinformationnaturalSaaStesting
ADVERTISEMENT
California Business Journal Newswire Division

California Business Journal Newswire Division

Related Posts

New Business Chart Innovation Teamwork Global Business Concept
5 Things to Consider Before Starting Your Own SaaS Business
images (1)
Special Series: The Future of IT
advertisement

CBJ Newsletter

Facebook Twitter LinkedIn Instagram LinkedIn

Advertise With CBJ

1REALTOUR-SAN DIEGO-WEB DESIGN
Facebook Twitter LinkedIn LinkedIn Instagram
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • Daily Updates
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Marketing
  • Medical
  • News
  • Newsletter
  • Opinion
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    1 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • New Study: California’s 10 Universities That Produce the Most CEOs

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0
  • Best Crypto Faucets You Can Try In 2021 and 2022

    0 shares
    Share 0 Tweet 0
  • The Only Way

    0 shares
    Share 0 Tweet 0
  • Is Virtual Financial the Future of Financial Services?

    0 shares
    Share 0 Tweet 0

Latest Articles

branding

Everything You Should Know About Brand Management

Tough negotiations

How to Negotiate Debt Settlement on Your Own

Black Rifle Coffee Company

Commentary: Are Frivolous Plaintiffs Taking Aim At Black Rifle Coffee Company?

GageList

10 Recommended Software to Improve Business Compliance

Growing Cannabis in a Garden Shed

The Growth of Outdoor Grow Sheds for Cannabis

Law Library

What are the Pros and Cons of Being a Freelance Lawyer?

the many uses of silicone

When you think of silicone, what comes to mind?

Glass bong. Image by Weedmaps

Medicinal Marijuana Files: How to make a homemade bong using a glass and plastic bottle

Is It Worthwhile to Learn MongoDB?

Is It Worthwhile to Learn MongoDB?

How To Invest in Uranium Using Stocks and ETFs

How To Invest in Uranium Using Stocks and ETFs

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR