In the new economy, we realize that customers are increasingly demanding the flexibility that best serves their unique business requirements. We provide the option of selecting a combination of business models to suit various phases of a project cycle.
Time and material (T&M)
This model offers the flexibility to balance team size and project workloads. In this business model, E-cognosys provides project teams which have the required team members, project managers, equipment, and infrastructure.
Fixed price (FP)
This model offers customers a low-risk option and can be employed when the scope and specifications of the project are reasonably clear. This model guarantees on-time, on-budget delivery of projects. Deliverables, Costs and Timelines are clearly defined in this model.
Risk and Reward Sharing
This model shares the risks involved in developing and marketing a product along with our customers. To help our Clients become more effective in their business operations, we are open to invest and share the commercials for a project. This takes into account the level of business benefit our Clients realize. Revenue/Risk Share models are popular amongst emerging businesses or technology companies. They are typically used during software product/subsystem development.
Build Operate Transfer (BOT)
model involves taking advantage of E-cognosyss experience in setting up an offshore facility for customers. It helps them operate and own this entity. This model is perfectly suitable to organizations that are planning to set up an offshore development facility in India. This would enable them to leverage the strengths of existing software organizations. This model obviates the need for organizations to get acclimatized with local issues in setting up an offshore development facility
This model is built on the following tenets:
• Build : Set-up the facility and infrastructure, staff the offshore development center (ODC), and establish knowledge transfer.
• Operate : Manage the offshore organization: Program Management, Development, QA, maintenance, enhancements, and product support.
• Transfer : Register a new offshore subsidiary for the customer, transfer assets, and handover operations.
The biggest advantage with this model is that it helps organizations setup offshore development centers in India in a quick & structured fashion. It minimizes the risks associated with such initiatives. This model allows organizations to stay focused on their core activities. A fully operational development center to suit client requirements is built in the background with all the attended legal & statutory needs.
E-cognosys offers its client the flexibility of availing any of the models discussed above.