Software Solutions

Maximum Value Possible (MVP): Raising the Bar to Build and Deliver Better Products, Faster

Maximum Value Possible (MVP): Raising the Bar to Build and Deliver Better Products, Faster

Parallel Minds redefines the MVP concept as Maximum Value Possible (MVP), taking product development to new heights. Our strategy ensures not just viability, but also market differentiation, by combining rapid minimal code prototyping and custom development integration. Partner with us to speed your product’s journey, get valuable feedback, and achieve unprecedented success.

We often discuss the concept of a Minimum Viable Product or MVP in the tech world. A bare-bones version of the final product, an MVP is designed for quick market runs, assumption validations, and crucial feedback gathering.

At Parallel Minds, in our endeavor to constantly improve existing concepts, we’ve supercharged the MVP concept by transforming it into the term Maximum Value Possible (MVP).

The Traditional MVP Concept

More of a starting point than a finishing line, the traditional concept of MVP enables you to get a product into the market at a rapid pace, running all possible tests, gathering feedback, and pivoting where required. However, despite its widespread adoption and proven success, it does have its list of limitations:

Feature Limitations: A traditional MVP, while relying on a tried-and-tested methodology, lacks several features that could improve its workings and help deliver a standout product.

Misinterpretations: Users interacting with a bare-bones MVP may fail to grasp the overall idea and deliver very specific feedback that may not always line up with the broader idea driving the product.

Competitive Vulnerability: Competitors who have fairly defined product variations may gain an edge over your MVP simply because they deliver on certain aspects that the test user base may prefer over your lineup of features.

The Goals of an MVP Run

A crucial phase in a tech product development cycle, an MVP run is all about testing market viability for a product, flagging down possible gaps, and exploring crucial opportunities. Here’s a list of MVP goals every development team pursues:

Market Fit Validation: The primary goal of an MVP run is determining if a proposed product is viable for a market and meets a genuine need. In the hands of a real user, a product enables product teams to collect valuable feedback through firsthand insights and genuine interactions.

Crucial Early User Feedback: A team’s first opportunity to collect early feedback, an MVP run is a direct bridge between product developers and eventual users.

Decisions Driven by Data: User behavior, engagement metrics, feature uses — all this data adds up to a goldmine of insights and information for a development team to base their improvements on. It enables developers to cut down on features that do not provide value and add others to a user’s wishlist.

Financial Viability: Developing a full-fledged product requires spending large financial resources. An MVP, by contrast, needs a smaller investment, which saves valuable resources. More importantly, when you consider the risks associated with developing a final product only for it to fall short of user expectations, an MVP makes even more financial sense.

Promotion of Early Adoption: An MVP that makes the right impact garners a lot of attention and creates excitement in the market. It paves the way for early adoptions, gets investors interested, and creates a buzz that adds unprecedented mileage to your marketing plans.

Improvements and Iterations: Rapid iterations are an integral benefit of an MVP run. The feedback teams receive from users equips them with insights that help in streamlining features, addressing gaps, and introducing improvements to develop better versions of a product.

The Parallel Minds MVP Concept: Maximizing Value Across the Board

At Parallel Minds, our collective experience in low code development and traditional custom development enables us to create an MVP that surpasses the benchmark of being “viable” and delivers so much more. Here’s how we accomplish our Maximum Value Possible goals:

Leveraging Low Code for a Working Prototype: Our ability to leverage low code platforms allows us to build a product’s core functionality and framework at a rapid pace. The result is a working prototype with key features that is developed in a fraction of the time required in a traditional coding setup.

Custom-Coded Development for Distinction: Even as a low-code working prototype takes shape, our development team gets to work on distinctive, custom-coded elements to set your product apart from competitors. Whether it’s an algorithm, an interface, or niche integrations, we aim for proprietary development and unique approaches.

Proactive and Iterative Collaboration: Our agile approach requires constant collaboration with clients, which in turn introduces constant refinements to the entire process. The result is a maximum-value approach at every step, ensuring that every step of product development aligns with the improved plans.

Features with a Solid Foundation: Our Maximum Value Possible prototype includes a set of features that aren’t just last-minute additions but well-planned executions. This enables users to benefit from and experience a set of core features, thus enriching the quality of feedback. In turn, this feedback results in more impactful pivots.

Cutting Down on Time-to-Market: This combination of low code and custom development enables us to floor the pedal on development timelines without risking compromises in functionality. Quicker delivery of refined products allows for speedier user experience runs, a nimble feedback loop, and rapid iterations.

The Parallel Minds MVP Process: Leading to Maximum Value Partnerships

Our process revolves around five crucial functions:

Consultation and Discovery: Our team works hard at understanding your primary vision and eventual goal, while researching and collecting insights on your target audience and intended market.

Rapid Low Code Prototyping: We quickly develop a working model of your product to launch the testing of core functionalities.

Custom Development Integration: We seamlessly integrate customized coding solutions to introduce unique features to your product.

User Testing and Feedback: We gather valuable feedback through the smart monitoring of user experiences and transform these insights into MVP iterations.

Final Launch and Refinement Tweaks: All these steps lead to the delivery of a refined MVP that is launch-ready while simultaneously providing the groundwork for continuous improvement goals.

Our commitment to your product, since it involves continuous improvement and development, goes beyond the MVP stage. Our team stays in sync with the support, upkeep, and ongoing development improvements to ensure that your product consistently meets its sustenance and evolution goals.

Kickstart a Maximum Value Possible (MVP) Journey with Parallel Minds Today

More than just a product or service, the Parallel Minds MVP strategy accelerates your entire product development process, saves valuable resources, provides rich actionable feedback, and sets up your entire product development cycle for sustained and improved success.

So why settle for a minimum viable product when you can partner with us and achieve the maximum value possible instead!

Contact our team today to schedule a consultation and explore an impactful and innovative approach to the idea of an MVP.

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Addressing Potential Security Vulnerabilities in Low Code Platforms

Addressing Potential Security Vulnerabilities in Low Code Platforms

There’s no denying the immense applications and solutions of Low-Code Development Platforms (LCDPs). But just like even the most evolved technologies out there, a low-code environment does come with its share of potential vulnerabilities. The good news is that careful planning and monitoring can reduce these risks greatly and leave your team with a development environment they can trust.

Understanding Potential Security Vulnerabilities in a Low-Code Environment

Visibility and Control: LCDPs are built to deliver solutions without the need to write or tweak the underlying codebase. This often results in limited visibility in terms of input and a general lack of control over the output. When teams are unable to understand the process of working in a low-code environment, identifying loopholes and patching security vulnerabilities pose a challenge.

Shadow IT: One of the main advantages of an LCDP is undoubtedly the ease of use it offers. The risk associated with this is the augmentation of Shadow IT. When a business develops applications and adds essential yet unmonitored solutions in an easier-to-work-with LCDP environment, the IT team no longer has eyes on the process. This leads to a failure in following security protocols, considering the lack of knowledge at par of IT personnel, thus leaving the app as well as the organization susceptible to vulnerabilities.

Integration: Apps or solutions developed in a low-code environment are often integrated with APIs and third-party applications. This means that if these third-party apps are exposed to vulnerabilities, or if the integration process does not follow security protocols, the data and solutions created by an LCDP will be exposed to these same vulnerabilities too.

Data, Storage, and Access Control: Essential security parameters when handling sensitive company data and company information include robust data encryption, secure storage components, and well-defined access control measures. In the case of low-code platforms, there are additional measures to adopt when ensuring these security protocols are in place and functioning optimally.

User Behavior: The uniqueness of a low-code environment is its ability to give users the power of control and development. When users do not pay the required amount of attention to security risks and make changes to these apps, they unknowingly expose the apps to security risks and introduce vulnerabilities ranging from lack of authentication control to unmonitored input validation.

Vendors: An LCDP is as good as its vendors, which means that even in the case of security risks, a low-code environment is heavily dependent on vendors to adhere to essential security protocols. If vendors fail to follow due process, this may open up the entire development infrastructure to security risks and result in vulnerabilities in applications.

Prevalent Security Concerns

Anything that can happen to a standard application developed in a traditional coding environment can happen to an app developed in a low-code environment too. There are, however, some security risks that are prominent enough to highlight here.

Vulnerabilities in Dependencies: Pre-built components or libraries are essential to the optimal functioning of a low-code environment. Even when the application’s coding process is highly secure, any pre-existing security loopholes in these dependencies can expose the environment and subsequent solutions to security risks.

Broken Access Control: Access control is a highly sensitive parameter in a security structure, and unauthorized access granted to individuals outside the optimal security blueprint can lead to the exposure of sensitive information and make the application vulnerable to unauthorized actions.

Injection of Malicious Code: In both handwritten and generated code, gaps in input validation enable malicious attackers to inject unauthorized code into a low-code environment. Examples of these risks include Cross-Site Scripting and SQL Injection.

Configuration Errors: The relative ease offered by LCDPs in terms of configuration can often lead to misconfigurations and expose applications to risks generated by parameters such as broad access, insufficient security standards, skipping changes in default settings, and open ports.

Parallel Minds’ List of Best Practices to Address and Mitigate Risks in a Low-Code Environment

At Parallel Minds, we understand and accept the extreme importance of mitigating security risks of every kind in a low-code environment. Here’s a quick list of best practices we always bet on to offer our clients secure and high-performance low-code solutions.

Governance and Guidelines: It is crucial for an organization to plan and put in place a governance framework that delivers clear guidelines and adopts evolving policies to address security risks and highlight potential gaps associated with a low-code environment. All IT teams and departments involved in generating low code must remain aware of these policies and be able to contribute to their effectiveness by forwarding suggestions that are reviewed, accepted, and included as policy changes.

Vendor Compliance: It is essential to evaluate and determine the security status of all low-code platform vendors you are onboarding through a rigid process that involves a peek into their security protocols, storage and encryption processes, response blueprints, and compliance certifications like the latest ISO and SOC 2.

Security Training: Your team’s security protocols and procedures are only as good as the training you give them. A thorough training module that takes your IT team as well as your citizen developers through a series of vulnerabilities like coding procedures, injection attacks, access control, and input validation gives every developer a lowdown of possible risks along with a brief on essential security practices to avoid them.

Access Control Blueprints: It is important to review every layer of security and access control before enabling individual access to various elements of your LCDP as well as developed apps. Roles that are properly defined, proper permissions to various components, and a robust authentication protocol are all crucial elements of an access control blueprint. Introduce steps like multi-factor authorization and zero-trust logins to further solidify your access control roadmap.

Data Handling Procedures: While proper encryption of data is essential whether it is at rest or going down the different layers of the development cycle, equally essential is the access you allow. Instead of providing blanket access and then weeding out non-essential personnel, it is always a better idea to do things the other way around and grant access only to those who require the data to deliver their objectives.

Vulnerability Monitoring: Irrespective of how watertight your security blueprint may seem, it is always recommended to scan the entire development environment for potential vulnerabilities. Regular monitoring helps you identify risks and introduce patches and updates to all internal and vendor-side processes. This also ensures the overall functionality of your current security protocol structure.

Testing and Modeling: While monitoring takes care of possible gaps, testing and modeling help you define the areas in which you can introduce more rigid security protocols to optimize performance and speed. Threat modeling, remapping of codes, and penetration testing are procedures that help enhance your security blueprint.

DevSecOps Model: Your DecSecOps model must integrate and strictly follow rigid security protocols from the early development stage and distribute responsibility to various departments and individuals instead of only holding the IT team responsible for security upkeep. Only when everyone in the organization is aware and invested can the security blueprint work well.

Regular Policy Reinforcements: While it is important to have rigid security policies in place across the development infrastructure of your organization, it is even more important to reinforce these policies from time to time and remind everyone involved of why they are important and things to do or not do to keep the policies in action.

At Parallel Minds, we are aware of both the potential and risks associated with a low-code development environment and by understanding and mitigating risks, we are able to explore in full the potential of LCDPs.

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