Prototypes can help assess if something is really feasible, technology wise. It helps you find out if something meets the expectation of your business and the users, or needs to be designed differently.
With prototyping, the necessary and the unique features are built and tested right before development. Whatever the purpose of producing the final product would be, a prototype is the most efficient way to show it in action.
It is the most economical way to test potential features or ideas accurately which will allow your company to save development time and costs.
Its essential factors now will ensure a higher quality of the final product. All identified lapses will be solved during the development.
With a prototype, you can test it out within your company, or selected customers, first to get direct feedback. This is important for developing the final product to meet market demand and expectations.