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Startup and enterprise product discovery services lead to a set of deliverables.
An SRS document comprehensively describes the scope, features, architecture, and technology stack of a software product. Enterprise product discovery services yield such a document that helps set the stage for subsequent development.
This is a snapshot of the project’s goals and objectives highlighted on a timeline to serve as a milestone for various development stages.
This set of deliverables breaks down step-by-step the work structure needed to develop the software product. A product roadmap highlights the project timeline along with several milestones and dependencies.
You will also receive an estimate of the budget to develop your software product. The budget stated during product discovery is unlikely to shift significantly unless the project itself does.
The discovery phase of a software product helps reduce the risk of failure and budget overruns with advanced planning and strategic decision-making. The various stages in a product discovery service help businesses nail down product objectives, vision, commercial feasibility, user experience, design and budget and timelines for the software development stage.
A discovery phase is crucial as it allows businesses to predict gaps in the software vision, meet user expectations, and make design, budget, and timeline decisions based on hard data instead of guesswork. A successful startup product discovery service will minimize the risk of failure of your product.
With the deliverables of the product discovery phase, companies go on to develop their software products with a clear understanding of what their users need, the budget they are working with, the development approach, and so on. The development phase tends to have less costly errors and re-dos after a successful discovery phase.