If there is one thing you would like to change about your startup what would it be?

Why Startups Need the Discovery Phase to succeed?

Source: https://inoxoft.com/why-startups-need-the-discovery-phase-to-succeed/

How brands go global with their startup idea

Source: https://inoxoft.com/why-startups-need-the-discovery-phase-to-succeed/

Startups that bloom: why customer discovery and market research value?

  • Interviews
  • Observations
  • Surveys
  • Strategies
  • Canvas
Source: https://inoxoft.com/why-startups-need-the-discovery-phase-to-succeed/

Deliverables of Discovery phase

Source: https://inoxoft.com/why-startups-need-the-discovery-phase-to-succeed/
  • Business Requirements. The team analyzes business background, domain, risks, and client’s business needs.
  • Functional and non-functional requirements. The team creates and approves the solution’s functional decomposition to cover key business processes in the most efficient way
  • Technical vision. The part that refers to the solution’s architecture, technology stack, entity-relationship models, and technical risks.
  • Wireframes. Schematic UX of the application detailed to the extension client wants to see it.
  • Validated product idea and a clear strategy for product development
  • Consistent and achievable product roadmap that meets business needs
  • Wisely defined product activities that ensure each product detail is known and can be transferred for the development team to implement
  • Prepared high-quality UX design and architecture of the solution that allows building MVP

Role of Business Analyst

Source: https://inoxoft.com/why-startups-need-the-discovery-phase-to-succeed/
  • Business analysis
  • Business and software requirements specification
  • Roles & Permissions Matrix
  • RACI Matrix (responsibility allocation map)
  • Use Cases (how users interact with the developed software)
  • User Stories (how the functionality works to satisfy the end-user)
  • Functional Decomposition and Prototyping for System Capabilities
  • Interface Analysis (how software components interact to make interface and system 100% effective)
  • Feasibility Analysis (how practical the solution is)
  • SWOT Analysis
  • Scope Modeling and Root Cause Analysis;
  • Data Dictionary, Data Flow Diagrams

Summarizing benefits of Discovery for startups

Source: https://inoxoft.com/why-startups-need-the-discovery-phase-to-succeed/
  • All information in one document
  • Proof of concept by an expert team
  • Recommendations and plans on the best delivery approach
  • Precise cost and budget estimation
  • Code rebuilds and improvements are several times more expensive than paying for the Discovery phase once
  • Possibility to get technical specification document and later request its implementation at any software development company

Discovery: to be or not to be

Source: https://inoxoft.com/why-startups-need-the-discovery-phase-to-succeed/
  • What problems does the solution solve? What benefits will it create?
  • Does the solution meet business needs? Is it profitable? How will it achieve a brand or company’s vision and mission?
  • How will people find, use, and interact with the product? What would be the most important touchpoints?
  • What will make users stay engaged and never quit the app because of UX, functional features, speed?
  • What architecture will provide further product development and ensure effectiveness?
  • What is the best choice of tech stack? What OS will it support?
  • What would be the development costs? How to reduce production costs not risking the quality of the application?

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We are an international software company of experts driven by the desire to add value using the latest technology and business approaches > https://inoxoft.com/

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Inoxoft

Inoxoft

We are an international software company of experts driven by the desire to add value using the latest technology and business approaches > https://inoxoft.com/

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