MVP stands for "Minimum Viable Product." It is an approach to developing products that focuses on the most basic features that are necessary for a product to be viable. An MVP can also be called a "Pivot." This term implies that the product has been pivoted from one concept to another after initial development. The MVP approach helps ensure that products do not include unnecessary features or functions, which can result in higher costs and lower revenue margins.
Articles related to MVPs include business case analysis and comparisons with other products such as SaaS or PaaS.