How MVP Development for Enterprises Benefits from Modular Strategies

Did you know that despite their promise only 1.5% of companies achieve a successful financial exit?

Among the most popular reasons, business owners name the shortage of external financing, wrong target audience and market, lack of preliminary research, weak marketing, and irrelevant product range.

We believe the key for enterprises (especially those trying to promote an existing or roll out a new tech product) to outlast and succeed in such a position is a minimum viable product (MVP) that allows entrepreneurs to verify their theories.

Still, things are not so simple with the MVP development for businesses. It is important not only to launch the basic version of the product but also to do it quickly and with minimal resource expenses.

What’s Wrong with Traditional Enterprise Software Development?

It is no longer a secret that modern businesses need new, adaptable, affordable, and stable software solutions to automate internal processes.

Why is this happening? It’s simple! To remain sales-effective, businesses must withstand high competition and fluctuating market dynamics.

Traditional approaches to enterprise application development require substantial time and financial resources. Companies must go through countless stages of testing and improvement before obtaining even a barely functional version.

This process often takes months or even years. But what if the result after months of development doesn’t meet expectations?

As stated earlier, any system development should start with an MVP to limit the risks and probe business ideas. In our opinion, the success of the entire project depends 70% on the results of this initial stage.

However, when creating an MVP, it is important to seize the moment. It is important not only to understand what functionality to include in the future prototype but also to do it as fast as possible.

Through trial and error, we came up with the invention of BM4A EQS (Enterprise QuickStart)—a completely new approach that accelerates application development and allows pre-production models to be created in record time.

What Is BM4A EQS?

Enterprise QuickStart (EQS) is a modular business solution that serves as the foundation for prompt and, importantly, high-quality development of enterprise web applications.

However, BM4A EQS is not just a software template. It’s a powerful combination of an expansive system of modules and an expert development team that helps enterprises quickly create functional prototypes and MVPs.

In simpler terms, EQS itself acts as a ready-made base on which the BM4A development team builds corporate solutions, adapting them to particular business conditions.

Unlike traditional development from scratch, where every basic element of the system requires lots of actions for development and testing, BM4A provides pre-built frameworks for most functional parts that can be easily adjusted and integrated based on the demands of a particular enterprise:

• User authentication and authorization
• Dashboards
• Workflow engine integration
• Reports and document generation
• File management
• CRUD editor
• Query tools
• Standardized interfaces
• etc.

However, the uniqueness of BM4A EQS doesn’t end with MVPs. If the basic product proves successful, enterprises can further build more elaborate software on top of it by adding extra modules depending on what they need most.

Moreover, if necessary, any ready-made module can be replaced with a custom-built solution, from financial process management to complex analytics.

Each module addition doesn’t require rewriting the application’s basic structure, which greatly accelerates the process and lowers risks.

Key Features of BM4A EQS

The modular approach offers significant benefits in developing corporate applications, streamlining the process, and optimizing both time and resources.

Development Speed

Among the major reasons to pick BM4A EQS for prototype app development is speed. A business doesn’t have to build anything from scratch but can use modules that have been already tested and integrated with other components of the system.

Adjustability and Expandability

BM4A EQS doesn’t limit a company’s options. The modules can be adapted to the specific conditions of the business, and thanks to the flexibility of the EQS, your enterprise solution can scale alongside your processes.

This aspect is especially important for businesses that plan to start small and gradually augment their functionality over time. On top of that, it’s essential that the right application architecture is laid out from the start.

IT Cost Optimization for Enterprises

As all the basic things have already been implemented, companies do not need to invest resources in the development of basic functionality. It significantly reduces the app development cost and accelerates the development time.

Resources saved allow a business not only to reduce risks but also promptly respond to changes in the external environment.

Rapid Creation of MVPs and Prototypes

One of the most important features of EQS is the fast testing of hypotheses and conceptions using an MVP. With BM4A, companies can literally create functional prototypes and MVPs in a few days, not months. This way, businesses can not only enter the market faster but also gain valuable user thoughts and amend the product.

Exemplary Use Case of Modular Approach to Software Development

Consider a company that specializes in warehouse administration and logistics processes. The company chooses BM4A EQS to develop an application for inventory and warehouse operations instead of building this functionality from scratch.

The system also needs to implement the following components:

• Support for various user roles, such as “Warehouse Worker”, “Warehouse Manager”, “Purchasing Manager”, “Administrator”, “Analyst”, “Accountant”, etc.
• Task and process management (Workflow Engine)
• Notification sending
• Dashboards
• Extensive analytics
• Report generation

The development process of such a system will take seriously less time than if the company tried to create the system from the ground up.

The company will get a functional prototype of the application in just 8-10 days, and within 20-25 days, a fully working MVP, whereas development from scratch would take 3-4 times longer.

As a result, in a short timeframe, the business will have an app ready for testing in real-world circumstances. This allows them to see how the idea works (and whether it works at all), get responses from clients, and then tweak the app with a clear understanding of what users need and want.

Conclusion

BM4A EQS is a new approach to MVP development for enterprises that fundamentally changes the way corporate applications are built.

Earlier, designing a custom corporate application was often deterred by its high prices and lengthy development cycles.

With BM4A EQS, businesses gain access to a remarkable opportunity to build corporate applications that were previously available only to large corporations with extensive IT funding.

The BM4A approach not only helps companies roll out new products and services faster but also allows them to quickly adjust to market shifts and satisfy customer expectations.

Thanks to the modular approach and pre-made components for most standard tasks, companies can concentrate on more urgent facets of their business without wasting time constructing basics from the bottom up.