Time and Material business model is lucrative and best suited for the customers who have the need to change designs and specifications frequently. In other words, if you have the project where in the scope and specification is not easy to define, which mostly happens in large size projects, then Time and Material based option would be beneficial for such scalable needs. The customer has complete control over the development process and iterations.
The customer has the flexibility in defining and changing the needs and also in terms of the controlling the associated cost factor. The project cost here is based on the time consumed and the corresponding resource/s deployed. You pay based on the hourly development effort OR on the Week OR monthly basis depending on the size and team structure.
If you have a need for continuous IT services, if you have lots of software development work to be outsourced and if you have the constant need for availing software services, then dedicated development teams or Staff Augmentation facility would be an ideal option. This model ensures you of long term relationships and the dedicated center would act like a virtual extension of your own operating environment. The client would define the type of work it would outsource and the skill levels that the offshore partner should provide. The client would also project the resource ramp up required every quarter, if any. All necessary infrastructure support like the hardware, software’s, internet, VOIP, Messenger and all that is needed to support this association would be provided by us. We will engage an account / relationship manager to manage all that is required
At iGenerate, under this model, we believe in replicating your IT environment, imparting training to our teams members so that they are tuned up to your needs, setting up communication channel, establishing security systems and integrating our development processes to ensure that the offshore team here is a virtual extension of the your development facilities. At iGenerate, you are also ensured about transparent project management coupled with high-speed communication infrastructure, with full control over the offshore team.
A Hybrid model is combination of any of the business models that would suit and fits in the best interest of the customer. This model can also be based on the need of the hour and complexity of the arising situations.