What is MVP and why is it necessary?

MVP development for websites and mobile applications is a common practice in today’s IT industry. This type of development is especially useful in the planning phase of an entrepreneur’s project or startup. WHAT IS MVP? MVP stands for minimum viable product. An MVP product has a bare bones design which is then tested on the market to see whether or not it has the potential to succeed. To perform this initial testing, the product only needs the most essential functions; anything beyond minor functionality is not added.
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