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Proof of concept testing of oil cleanup equipment. Proof of concept (POC or PoC), also known as proof of principle, is a realization of a certain idea, method or principle in order to demonstrate its feasibility, [1] or viability, [2] or a demonstration in principle with the aim of verifying that some concept or theory has practical potential.
Well known examples of feature films produced following a successful concept trailer pitch were The Lord of the Rings film series, Looper [2] The Hunger Games, [3] Machete, Sky Captain and the World of Tomorrow, the Super Troopers films, Iron Sky, Pickings, Miles Ahead, Hardcore Henry, Lazer Team, The Peanut Butter Falcon and others.
Proof of concept, used to demonstrate the feasibility of an idea; Point of contact, in an organization; POC, PoC, P.O.C. or POc may also refer to: Business.
A prototype is an early sample, model, or release of a product built to test a concept or process. [1] It is a term used in a variety of contexts, including semantics, design, electronics, and software programming. A prototype is generally used to evaluate a new design to enhance precision by system analysts and users.
The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
When discussing computer designs, the concept is generally known as a reference platform. The main purpose of reference design is to support companies in development of next generation products using latest technologies. The reference product is proof of the platform concept and is usually targeted for specific applications.
Concept testing (to be distinguished from pre-test markets and test markets which may be used at a later stage of product development research) [1] is the process of using surveys (and sometimes qualitative methods) to evaluate consumer acceptance of a new product idea prior to the introduction of a product to the market. [2]
Concept mapping and mind mapping software is used to create diagrams of relationships between concepts, ideas, or other pieces of information. It has been suggested that the mind mapping technique can improve learning and study efficiency up to 15% over conventional note-taking . [ 1 ]