The POC Full Form is Proof of Concept. The POC is an example of how certain ideas or principles are capable of real-world implementation. In short, a POC is evidence of a practical and reasonably worthwhile product or project to justify the investment required to assist and develop it.
Therefore, the POC is a test aimed at determining feasibility, but not efficiency. Investors that need real proof that a start-up and their business strategy are typically needed to ensure a sustainable ROI ( return on investment). Project leaders use POCs to find process weaknesses that could impede the product from succeeding. As proof of principle, POC is also described.
POC Advantages
- It helps you in the future to find different technological as well as other problems and allows users to provide ideas and suggestions to mitigate unintended effects at an early stage of the development process.
- Users will get an assurance that the idea, schedule or strategic thinking is worth making an effort to execute.
- By not spending it on a notion or idea that is not feasible, users could save their income.