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Proof Of Concept – (Proof-of-concept) Referring to the types and applicability, reliability or evidence, verification, confirmation and corroboration, even substantiation, or resilience of data, fact etc. Also called POC, showing its usefulness and applications, features and possibilities, allowing to an extent no to low risk exposure and exploration, prospecting if you will PRIOR to investing or opting for it. That an idea, notion, thought, impression, perception, theory, model, hypothesis, view or belief pans out, is, will be real, rewarding and trustworthy. A quick-trial of sorts. It can be used and called on for demonstrating feasibility, applicability, even as a partial solution or dedicated focus/group, in business roles (small number) to show the benefits and critical aspects, payback thereof, the short and/or incomplete realization (or ) of a certain method or idea. It provides the necessary evidence, that novel, model or innovative solutions and options, might just viable, feasible, solving problems, affordable and possible, minimizing risks potentially. Confirmation and verification of a ‘concept’, idea or solution trial.
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