There are many businesses which cannot be put on the floor unless their feasibility is first tested. Big projects which include millions of investment cannot start their operations in an off-handed manner. That begotten the concept of Proof of Concept Development which is small-scale demonstration of bigger implementation with the same impact.
Why do you need POC?
Proof of Concept or POC is a form of demonstration to test the feasibility of the proposed project. To understand it better, let’s take an example of a project which includes a lot of technology, manpower and space. No investor would fund a project with such a magnitude unless he/she is sure that it would bear positive results.
Therefore, in order to demonstrate the feasibility of the project, you need to test it through Proof of Concept project. A POC project is nothing but a miniature presentation of a large-scale operation. It may involve use of softwares, paperwork or even hardware depending on the nature of the project. The significance of POCs has been attested by various domains such as Engineering, Film Making, Business Development, Security, Software Development and Drug Development.
Origin and Implementation
The term “proof of concept” is believed to have originated in 1967. The committee of Science and Astronautics & Advanced Research and Technology stated that proof of concept is a form of instrument which helps in the developmental phase of new concepts. Since its inception, POCs have played a major role in the engineering domain.
It has helped in creating various prototypes of machinery that are currently deployed in the manufacturing industries worldwide. Apart from engineering, it shares a significant space in software development, film making and business development as well. Some high-octane action films like 300, Sin City and the World of Tomorrow. They all generated the POC short films which were created in front of the greenscreen.
Once the short films got approval, then they went on the floor for shooting the whole film. Similarly, in software development, developers first create a POC prototype which shows the basic functionality of the proposed project. Once the proposed project is approved, then the full-fledged software is developed. In the area of security and business development as well, POCs help in convincing the vendors for funding.
Get a POC from an expert
Proof of Concept Development is a methodical process which deals with every aspect step by step. The creation of POC involves theoretical build-up of the idea and then it goes on to take a material form with implications of softwares. At the final stage, it goes through several tests to ensure that the end-product delivers what it is supposed to.
Technoloader is a blockchain development company which delivers impeccable proof of concept projects that manifest your vision and idea in the best way possible. We have delivered POCs to companies from various domains. Our team holds expertise in developing such projects and we have never missed on a single deadline.