Quick View >> Engagement Models
Engagement Models
Models
We, at Neosoft Technologies , look at ourselves as a partner to our clients and not just another vendor.
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.
We leverage our global delivery capability to offer services "on-site" at the client's very own premises or "off-shore" at our world-class software development facility in Mumbai, India. Offshore Strategic Sourcing with Neosoft is very different from traditional outsourcing models. With Neosoft, you don't give up control and you can dramatically reduce your costs and IT headaches. Neosoft's approach to outsourcing can also substantially improve IT effectiveness and help organizations achieve strategic business goals.
Development Process
Our fixed time, fixed price model offers customers a low-risk option and can be employed when the scope and specifications of the project are reasonably clear and documented. This model guarantees on-time, on-budget delivery of projects. Deliverables, Costs and Timelines are clearly defined in the Fixed Time/Fixed Price model. In fixed time, fixed-price engagements.
- Project Kick-off.
- Software Requirements Analysis and Management
- Software Project Planning
- Software Project Tracking and management
- Software Quality Assurance
Neosoft follows a phased approach that includes scoping, development, implementation and business support. Combining the fixed time, fixed price model with our solutions center, we can offer customers a tremendous advantage on the cost front.
This model works best for - Customers with well-defined requirements and project schedules. Under this option, the customer pays a pre-negotiated fixed price for the complete project, which in turn is linked to well-defined deliverables. For any change in scope a predefined fixed hourly rate agreed at the initial stage of start of project is paid. For any changes there is a standard change request procedure that is followed for which we have structured processes in place.
When scope, specification and implementation plans of a software development project are not easy to define at the outset, Time & Material Model becomes an attractive option. Under this model, you pay as per use of the hourly development efforts. Under this mode we define the business model and work hand in hand with our client for execution of end-to-end project. At times once the scope is frozen the time and material project also gets converted to the fixed price model. We have very strict project management and reporting practices whereby task sheets are generated on a daily / weekly basis for each of the developer on the project.
Resource Hiring Process
In this business model, Neosoft forms project teams with the required team members, project managers, equipment and infrastructure based on project requirements. Customers pay a monthly charge based on the size and composition of the team. This model offers the flexibility to balance team size and project workloads. Most of our onsite services (unless it is part of a fixed time, fixed price project) are delivered using this business model. Neosoft could bid for partial phases of a project on a fixed time, fixed price basis and the remaining parts on a time and material basis. In such engagements, the Client has complete flexibility in using our associates in tasks that match their area of expertise.
- We send 3 Competitive Resumes after getting your requirement.
- We run through the interview process and technical test if required, over Phone/Internet.
- On Selection, we immediately offer the services of the dedicated IT Staff for your organization.
Neosoft provides knowledgeable, skilled, motivated, energetic and competent consultants who work seamlessly as part of client teams to provide quality solutions. Our consultants are handpicked after assessing their technical, communication and interpersonal skills. We keep our consultants on the cutting edge of information technology by providing them with ongoing advanced training and skill-building workshops.
Very often it becomes necessary to undertake a major portion of a project on a Fixed Price basis and at the same time deploy resources on a Time and Materials Pricing basis. We call this the fusion model. Adopting such a model enables the client to maximize their budgets without compromising any aspect of the project itself.
Needless to mention here that this model too can be Onsite, Offsite, Offshore or any combination of the same.
This model is used when client wishes to work on fixed price model and when the project scope is not detailed enough to enable us to estimate the effort with accuracy. Based on the initial concept note we define a short initial.
Offshore Development Center
We partner with our clients to invest in replicating their IT environments, training our teams, setting up communication & security systems and integrating our development processes with theirs to ensure that the offshore team is an efficient and seamless extension of the client's development facilities.
- Dedicated facility
- Dedicated team of people for the ODC
- Dedicated hardware and software infrastructure
- Dedicated high-speed communication equipment
- Physical and network security
- IP protection mechanisms
- Well-defined offshore development software facilities
- Ready to use infrastructure
- Access to a large and diverse pool of expertise
- High quality software processes
- Leverages on Neosoft's project management capabilities
- Cost effective
- Exploits time zone advantage
- Facilitates dedicated software teams with long term focus
- Knowledge retention
For clients who wish to associate with us for long term this is the most suitable model where savings are upto 60%.
Benefits of the Offshore Development Center in India, we can establish and manage dedicated offshore development centers to develop IT solutions, maintain legacy systems, and provide 24-hour, on-call support.
We send our experienced consultants onsite to the customers location for knowledge transfer and project execution. Our consultants have great experience with handling offshore teams, and executing projects as per client requirements. They are also skilled enough to document requirements, testing and deployment of applications at the client location.
All the expenses for VISA, traveling and lodging/boarding need to be borne by the customer, however we charge the offshore development fee, which provides the cost advantage to the customer.