Product vs. Platform Development: 5 Critical Things to Consider
Experts Voice
3 March 2021
Product vs. Platform Development: 5 Critical Things to Consider
Experts Voice
3 March 2021

Product vs. Platform Development: 5 Critical Things to Consider

Product vs. Platform development: 5 things to consider

Platform development requires careful consideration of various factors to ensure success. There's a lot for a business to consider when deciding between developing a product or a platform. In short, a product is a consumable or usable piece of software you sell or offer, while a platform is a system that enables a product to work or communicate with another product. Products can stand alone or exist on platforms. The following five considerations can help your business decide which path is correct for your organization at the time, as well as the idealized implementation of what you're creating.

1. Products can become platforms, but platforms can't become products

Creating a platform before creating a product carries a lot more risk than building the product first. In the platform vs product debate, it's important to note that products tend to be less work than platforms. However, platforms can't be converted into products. Since products tend to be less work than platforms, it's much better to have a product that doesn't work over a platform that doesn't work.

2. Consider your resources

The scope of the development process is important: it is much harder to build a platform first. Your organization might be looking to build a platform in the future, but currently only has the resources to develop a product. Once having a successful product in the marketplace generating revenue, a business can work on turning it into a platform.

3. Understand the value of a product vs. a platform

How you approach a problem or solution in development can vary depending on the context of the program's value. In this case, a platform creates its value through interactions while a product creates value by selling a feature. In platform development, the focus is on building a system that facilitates seamless interactions and integrations. Some ideas work very well as a product or platform, but not both.

4. The difference of longevity

Some great products have very long lifespans; however, not every product does. It's okay if a product is only intended for temporary or short-term use. However, any platform designed without long-term sustainability is problematic. Platforms should be deeply integrated into the business or customer infrastructure. A platform needs to stick around for a long time, preferably indefinitely. For example, a computer is a product built to last the user for several years. However, the user will use many programs, or products, throughout the lifespan of the device.

5. Be Mindful of Update Ease and Frequency in Platform Development

With a platform, you're developing software that needs to be easily updated. It needs to be flexible so you can make changes and improvements quickly and easily over time. While it's a better development practice to design software that's easy to maintain, it is less important with a product that doesn't need to be constantly updated. Your organization should lean towards a product if it doesn't have the capacity to provide a constant update stream.

The decision to develop a platform vs product highly depends on the resources available to your organization and the desired business case. When making the choice, go with the option that makes the most sense from a business standpoint.

Are you looking for expert tech assistance for your product or platform development?

Our team of tech experts is here to help you succeed! Whether you need assistance with software development, product design, or platform optimization, we've got you covered.

Looking for more relevant content?

Check out our collection of related articles! We've curated a selection of informative, insightful pieces that can help you explore various topics such as benefits of the AWS Cloud, Quality Assurance or User Experience.

READ THIS NEXT

COVER STORY: ANASTASIIA, BUSINESS ANALYST
Meet Anastasiia, our Business Analyst. She tells us about her career at Opinov8 and shared her tips that help to avoid doing work twice while working remotely.
Read more

READ THIS NEXT

COVER STORY: ANASTASIIA, BUSINESS ANALYST
Meet Anastasiia, our Business Analyst. She tells us about her career at Opinov8 and shared her tips that help to avoid doing work twice while working remotely.
Read more

RELATED ARTICLES

Opinov8 Recognized as an Official Amazon RDS Delivery Partner 

Opinov8 announces its new recognition as an Amazon RDS Delivery Partner. This accreditation underscores our expertise in managing and optimizing relational databases using Amazon RDS (Relational Database Service). We work with various engines like Amazon Aurora MySQL, Amazon Aurora PostgreSQL, PostgreSQL, MySQL, MariaDB, and SQL Server. This recognition shows our ability to help clients set […]

Read more

RELATED ARTICLES

Opinov8 Recognized as an Official Amazon RDS Delivery Partner 

Opinov8 announces its new recognition as an Amazon RDS Delivery Partner. This accreditation underscores our expertise in managing and optimizing relational databases using Amazon RDS (Relational Database Service). We work with various engines like Amazon Aurora MySQL, Amazon Aurora PostgreSQL, PostgreSQL, MySQL, MariaDB, and SQL Server. This recognition shows our ability to help clients set […]

Read more

RELATED ARTICLES

Opinov8 Announces Acquisition of Moqod B.V

Opinov8, a global technology company, is pleased to announce its successful acquisition of Moqod, a software development company based in the Netherlands. The acquisition brings together two progressive companies in the technology and software development sector and marks an important milestone in Opinov8's growth strategy.

Read more

RELATED ARTICLES

Opinov8 Announces Acquisition of Moqod B.V

Opinov8, a global technology company, is pleased to announce its successful acquisition of Moqod, a software development company based in the Netherlands. The acquisition brings together two progressive companies in the technology and software development sector and marks an important milestone in Opinov8's growth strategy.

Read more
1 2 3 56

Let us innov8 with you

Engineering your Digital Future through Solution Excellence Globally
UK, London
Office 9, Weyhouse, Church Street, Weybridge, KT13 8NA
Ukraine, Kyiv
BC Eurasia, 11th floor, 75, Zhylyanska Street, 01032
Egypt, Cairo
11G/4, Ahmed Kamal Street, 
New Maadi
Prepare for a quick response:
contactus@opinov8.com
© Opinov8 2021. All rights reserved.       Privacy Policy
crosschevron-down