The concept of a Minimum Viable Product (MVP) is a fairly common concept in business. The whole idea is that you want to build fast, ship as soon as you have a working prototype, and then iterate quickly as you get customer feedback. It greatly reduces your initial ramp up cost, allows you to get to market quicker, and improves the final product since you get feedback earlier in the process. This type of methodology is used in every industry, both for physical products and for digital ones such as web apps and software development. The hard part tends to be defining what your MVP will be. You want your product or service to be fully functional, meaning that your users will be able to do anything that was advertised as being a core functionality of the item, but with none of the additional bells and whistles that you may add over time. As expected, this concept also works within the cloud. Whether you're working on new software, a web site, or anything else that runs digitally, it
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