Of-late, it has become a fad to label any pilot project as a POV (Proof of Value), rather than a POC (Proof of Concept). But, is there a real difference between POV and POC?
Jotting down my views below:
Jotting down my views below:
- A POC is typically an internal project and is not exposed to the real end consumer. The objective of an POC is to validate if the technology works or if a concept is viable.
- POCs can be used to explore emerging technologies and share knowledge within the team. POCs also help teams come up with more accurate estimation of stories.
- Thus a POC will prove that the technology works, but will it deliver the promised business value to the enterprise?
- A POV will prove the business value of a concept - it can be in terms of increased ROI, lower TCO, faster GTM or increased customer satisfaction. If these factors can be measured, then you are delivering a POV !
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