The Productionizable Viable Product (PVP) executes the new initiative/solution ONLY IN SINGLE PRODUCTION ENVIRONMENT till the time its first version is successful, and offers dual-purpose strategy aimed at transforming the Data Analytics and AI landscape of the organizations. Firstly, it aims to enhance time efficiency by reducing the Time to Market (TTM). Secondly, it potentially minimizes substantial cost-saving by reducing initial CAPEX investments.
- Time to Market (TTM) Efficiency: PVP approach reduces TTM by implementing new initiatives ONLY IN PRODUCTION rather than in three environments i.e., Development, Testing, and Production. This time efficiency is a valuable outcome, enabling organizations to expedite the launch of their products or solutions faster. By cutting down TTM, PVP contributes to the acceleration of product development. This swift pace in bringing products to market enhances overall efficiency and competitiveness for organizations.
- CAPEX Optimization: PVP approach also revolutionizes financial dynamics by potentially decreasing initial CAPEX investment in hardware & infrastructure, and in many other functions like DevOps, CI/CD, Metadata Management, Data Quality, Data Governance, and Data Lineage etc. This cost-saving initiative offers organizations a considerable opportunity to utilize resources in many other initiatives.