Our flexible business & engagement models

We realize that every organization has a preferred way of doing business and engaging with technology partners. We are just as flexible and strive to provide our customers with the flexibility of choosing the appropriate partnership model that works best for them.

Sometimes companies require team augmentation and other times, they prefer that we take the risks of product development, management and delivery ourselves. We are well equipped to serve all business models and engage with our customers accordingly.

From a pricing point of view – we engage in both time and material plus fixed cost, fixed scope engagements. Once we establish the ideal mode of a business engagement, we can recommend what works best for both parties.

ENGAGEMENT MODELS

Offshore Engagement Model

Depending on the budget of an engagement, all project work from delivery through support stages, is carried out at NisosTech’s India locations. IP protection, development process, daily reporting and transparency in project communications, agile delivery schedules are the same company wide. The difference lies in project budgeting and time overlap between various countries with IST.

Onsite Engagement Model

Depending on the nature of the engagement and if our customer has the budget and resources for our consultants on-site, this engagement model can be chosen. After getting a good understanding of your personnel requirements we shortlist a few suitable candidates for the interview. In this engagement model, you, the customer, handles all project management, delivery schedules, task allocations etc.

Onsite/Offsite Engagement Model

This hybrid model allows customers to make the best use of their budget and time. The onsite team located at the your premises directly interacts with our offshore development team. While onsite, we are able to address any integration issues that require coordination with your personnel, during your business hours. Meanwhile our dedicated offshore team will work on application development.

For mid-large size engagements, this model is highly recommended as this does provide the lower development costs of offshore teams while allowing for a 24-hour software development time frame.

PRICING MODELS

Fixed Price Model

When you know the scope of the software development that you need, this is the most effective way of taking advantage of outsourcing software development. In this model, the project scope and schedule is set up in details up front. Medium sized projects work well in this fixed price model when the scope and timelines can be finalized up front. Payments are made based on delivery of milestones or duration (e.g. payment every 2 weeks or upon delivery of a milestone in 2 weeks).

Time and Material Pricing Model

This type of pricing model is recommended for engagements where a lot of flexibility is required. Typically products being developed from the back of a napkin or a general idea of a business problem to be solved work well in this engagement model. This also works best for mid-larger sized projects where you need the ability to change based on business feedback.

Here, you are charged a daily rate for each “full time equivalent” employee that is working on the project. This means that if 4 employees are working full time on the product and 2 employees are working for only 4 hrs per day on the project, then you’d be charged for 5 employees daily rates.