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| Engagement Model |
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| Home / Outsourcing / Engagement Model |
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BorderlessMind offers multiple engagement models to meet diverse needs of
global clients. You can choose from any one the generally accepted
models below or a combination of them for different phases of your
project. We can work with you to customize a model to address your
specific need.
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Effort based pricing or Time & Material
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Milestone based billing
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Dedicated Development Facility or Retainer
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Build-Operate-Transfer (BOT) Model
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Project based pricing or Fixed bid
Any of these pricing models can be applied to our suite of services
in ingenious ways for convenience and best value for money.
Effort based pricing or Time & Material
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In the Effort based pricing model, the project cost is a function
of the total project execution time and the corresponding resources
deployed.
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This engagement model is particularly useful in contexts where the
projects are quite complex and are prone to specification and design
changes midstream.
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This model gives customer greater flexibility in terms of
developing the project specification on an ongoing basis and
modifying the specifications based on the changing market needs.
Milestone-based Billing
This option works for Clients who are concerned about progress in
remote projects, milestones-based payment schedules reinforce
progress monitoring. It helps justify payment based on achievable
milestone and visible progress reduces risks.
Dedicated Development Facility or Retainer
A Dedicated facility is an extension of the customer's own
engineering/development center. Through such Dedicated facilities,
we offer the best skill sets, resources, flexibility and
time-to-market advantages to the customers, taking all necessary
efforts to protect the Intellectual Property Rights (IPR) of the
customers. All rights to the IPR developed in the Development
Facility vests with the customer. The Dedicated Facility also
provides a cost effective solution to customers requiring continuous
offshore support. For such dedicated relationships, we also
implement customer specific quality/process frameworks and teams are
trained for the specific needs of a Client. The resources are paid
on a retainer basis.
Build-Operate-Transfer (BOT) Model
In the Build-Operate-Transfer Model, BorderlessMind launches a dedicated
facility for the client. This facility is like an extension of the
client's own facility. The dedicated facility leverages BorderlessMind's
technical infrastructure, processes and execution capabilities. The
dedicated facility is staffed either by existing BorderlessMind's resources
or by Client's resources or by resources hired specifically for
engagement or a mix of them all. BorderlessMind has a well-defined mechanism
for the smooth transition of the facility to the client.
Clients see the following benefits by working with this model:
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Faster Time to Market
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Lower Establishment Costs
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Risk Reduction
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Flexibility
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Process Expertise
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Option of owning the facility
Project based pricing or Fixed bid
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A low risk option, which you can choose when the scope and
specifications for the projects are reasonably clear.
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We offer Project based pricing in domains wherein we have the
expertise and also have well defined estimation tools to determine
the resource commitments.
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Our process optimization ensures reliability, predictability and
optimized performance of the projects to deliver on time, on budget,
on target.
To learn more about more about our Outsourcing to BorderlessMind, please
Click Here...
To send free offshore
outsourcing consultation request please
Click Here...
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