PROOF OF CONCEPT (POC)

 WHAT IS POC?

POC is an abbreviation for Proof of Concept. It is a demonstration or exercise used to determine whether or not a concept can be transformed into a reality. It aids in determining the viability of a concept, i.e., whether or not an idea will perform as planned.

• Proof of Concept, or POC, is a type of experiment or text. Proof of concept (POC) is proof obtained from a pilot project demonstrating the feasibility of a product idea, business plan, or project plan.
• Creating a proof of concept is the first step in the software development process. 
• Proof of concept is key to the software development process.  A proof of concept is a prototyped solution that allows developers to explore the feasibility of an idea and validate assumptions.
• The proof of concept captures user comments and ideas from your team members, even those who would not have contributed otherwise, reducing unplanned risk.
• By doing this, you can show stakeholders and investors that your concept will function in practice and that they can support the project moving forward.

POC is a critical component of the product development process in a variety of sectors and areas, including:

• Software Development
• Business Development
• Project Management
• Manufacturing, IT, Healthcare, and cybersecurity, among other industries.

POC alternatives:

• Prototype
• POP
• MVP
• Pre-Commercial
• Testbed

BENEFITS OF POC:

• POC provides useful data to potential funders and decision-makers in determining whether the project or product concept is feasible and valuable to the intended audience.
• POC provides crucial user input as well as information about market demand, target audience, and significant pain points to development teams.
• POC is an important step of the product development process because it is the base for your project.
• You can save your money by not spending it on a concept or idea which is not viable.
• You can get assurance that your idea, plan, or strategy is worth making an effort to execute.
• Find out the obstacles.
• Understanding market needs.

STEPS TO WRITE A PROOF OF CONCEPT:

The steps to writing a proof of concept are:

• Estimate duration & Effort
• Define your project idea
• Pick your Resources
• Assess the Business Value

Estimate Duration & Effort:

Working on a proof of concept is a project, but it is not a completed project. You must estimate the time and effort required for the proof of concept pilot project.

• Explain cost
• Explain Duration

Define your project idea:

Defining your project concept may seem to be an apparent component of the development process, but you must do more than just shout your idea into reality. In this initial step, you should:

• Explain how you’ll execute your idea.
• Express what your idea will accomplish in the long term.
• When you begin your proof of concept presentation with a clearly defined idea, your customers or investors will find it easier to progress through the rest of your presentation.

Pick your Resources:

Who you choose to perform the proof of concept pilot project is just as critical as the planning process. You want to ensure they have the necessary abilities to complete a comprehensive job.

Assess the business value:

Who you choose to perform the proof of concept pilot project is just as critical as the planning process. You want to ensure they have the necessary abilities to complete a comprehensive job.

CONCLUSION:

Proof of Concept, or POC, is a type of experiment or text. Proof of concept (POC) is proof obtained from a pilot project demonstrating the feasibility of a product idea, business plan, or project plan. It saves cost and time. You can save your money by not spending it on a concept or idea which is not viable.