Engagement Models

Engagement Models

From initially being just a cost-cutting concept, IT outsourcing has gradually and steadily moved ahead to establish itself as a must-have successful business model by rendering not only cost-effective but also sophisticated and highly efficient quality services and solutions.

The major concern in outsourcing is that of risk identification, and risk mitigation thereof. Softweb's versatile and flexible engagement models not only provide its clients liberty to choose the appropriate engagement model, as per requirement, but also help in assessing risks and mitigating them.

Softweb offers forward-looking IT outsourcing engagement models to our clients that go over and beyond tactical outsourcing. These models offer the opportunity to accelerate outsourcing higher along the collaborative value chain.

In the initial discussions with the prospective client, Softweb makes it a point to understand and evaluate the project requirements, project complexities, as well as the volatility of the client's business needs. Based on the project complexities and business volatility, we recommend an appropriate engagement model for the relationship to start. The rationale behind this is to assess technology risks, business risks and manpower risks and mitigate the same by an appropriate deployment of Softweb's resources.

Softweb has evolved engagement models to suit an intermediated business model, with a clear value proposition for an onsite business partner and an offshore team. The objective of any engagement model would be to provide a virtual team to the system integrator while adjusting the level of commitment, level of control, investment required (both time and money) and the cost savings generated through offshore economics to optimum levels for the situation at hand.

Broadly there are three engagement models that move from a low involvement, low control mode to a very high involvement, very high control mode.

These are:

Full Time Equivalent (FTE)

In this model we can provide you with a team of full time equivalent employees for your specific requirements on setting up an offshore development center. You can choose to hire a single professional and then scale up to a full-fledged development center.

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Fixed Price

This model allows the clients to get a predictable budget for your project and considerably low perceived risk Fixed Price Model suits best for clients who wants fixed price for fixed scoped project. Typically asked for by clients with less project requirement clarity and offered by us only when we have high clarity on the requirement

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Time & Material (T&M)

With the time and material engagement model, your costs and schedule will vary depending on your specific requirements and on the complexity of your project. This gives you maximum flexibility and also allows you to make substantial revisions to your project even as it is being developed.

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