POC (Proof of Concept)
A Proof of Concept (POC) is a crucial step in the innovation and development process, serving as a demonstration to verify that certain concepts or theories have the potential for real-world application. It is a practical approach used to determine the feasibility of an idea before significant resources are committed to its full development. The POC involves creating a prototype or a pilot project to test core functionalities and assumptions, identifying any potential issues or limitations early on. This method helps stakeholders understand the viability, practicality, and potential challenges of the proposed solution. By successfully completing a POC, organizations can mitigate risks, refine their concepts, and make informed decisions on whether to proceed with larger-scale implementation.