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Dubai, March 6, 2024 – Held at the Waldorf Astoria Dubai Palm Jumeirah, The Rapid MVP Forum, organized by Imaga, became a perfect hub for companies to showcase their expertise in MVP (Minimum Viable Product) development. The event brought together a curated community of tech enthusiasts, who exchanged insights on transforming MVP development strategies for sustainable growth and lasting success.

Instinctools, renowned for their comprehensive methodology in building digital products, highlighted the importance of MVPs in testing business hypotheses. Vitaly Shchiglinsky, Vice President of *instinctools and a jury member at the forum, stated:

Today, only 20% of products achieve market fit. MVP development is designed to boost this success rate providing startups and established businesses with a roadmap towards market relevance and resilience.

The forum agenda reflected the participants’ thought leadership within the tech ecosystem. Expert-led sessions covered the process of launching minimum viable products in an uncertain, challenging economic backdrop, underscoring the importance of thorough research and data analytics as part of a product-centric approach.

Discussions also touched on ways to incorporate MVPs into broader product offerings, with a focus on striking the right balance between software’s core functionality and usability. Vitaly Schiglinsky also emphasized that MVP development goes beyond speed and efficiency; it involves innovation and wise investment in a product’s fundamental value. By concentrating on critical features and utilizing data-driven strategies, businesses are empowered to navigate uncertainties and validate their products more confidently. 

Instinctools offers MVP development services that cater to businesses of all sizes — from startups looking to enter the market to validate their concepts to enterprises aiming to innovate within their current portfolios. From ideation to market success, *instinctools’ systematic approach includes business analysis, iterative design, development, and testing for swift value delivery and continuous adjustments based on market feedback. 

Alongside insightful presentations, the forum brought in a new networking style, with business games aiming to promote teamwork and fruitful collaboration. Attendees got an opportunity to boost connections and idea generation, exchange perspectives, acquire new skills, and work in teams to shape their product development strategies.

As economic headwinds continue blowing, the importance of minimum viable products to confirm business concepts and guide them towards triumph is now more crucial than ever. The Rapid MVP Forum has highlighted the companies’ proficiency in digital engineering and commitment to creating a solid launchpad for winning products.

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Anna Vasilevskaya
Anna Vasilevskaya Account Executive

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