What are your objectives? What is your strategy? ISHIR offers multiple engagement models to meet diverse needs of global clients. You can choose from any one the generally accepted outsourcing engagement models below or a combination of them for different phases of your project. We can also work with you to customize a model to address your specific need.
Based on your immediate or long term objectives, we can tailor the engagement model.
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
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, ISHIR launches a dedicated facility for the client. This facility is like an extension of the client's own facility. The dedicated facility leverages ISHIR's technical infrastructure, processes and execution capabilities. The dedicated facility is staffed either by existing ISHIR's resources or by Client's resources or by resources hired specifically for engagement or a mix of them all. ISHIR 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:
Project based pricing or Fixed bid