Sunday, June 17, 2012

Business Models, Time and Material and Fixed Cost in IT Company India

Business Models is a structure supporting for producing economic, social and other forms of value. The term ‘business models’ is a liberal range of informal and formal descriptions to stage core aspects of a business such as purpose, offerings, strategies, infrastructure, organizational structures, trading practices, operational processes and policies. A business models represents an organization or company that creates or designs to satisfy customers’ needs.

IT Company understands the need of customers. Different types of projects need unlike business models. IT Company’s business models have been developed keeping tractability of operation in mind. Depending on customers’ business requirements, they can select any business models that fit for website design and development project.

In this business model, IT Company forms team with required team members, project managers, equipment and infrastructure based on project needs. Customers need to pay daily/monthly/yearly charge based on the size of the team. This model offers shaped to balance team size and project workloads. Most of onsite services if not it is part of a fixed time and fixed price project, which are delivered using this business model.

IT Company offers well-versed, skilled, motivated, energetic and competent consultants who work as part of client team to provide quality solutions. IT Company has handpicked employees after evaluating their technical, communication and interpersonal skills. IT Companies balance team size and project workloads. Most of our onsite services have fixed time and fixed price project, which are delivered using this business model.

There are no hidden charges or any other additional costs involved. This provides customer complete independence to get the project developed as per budget provisions. The development life cycle is controlled by customer inputs and direction.

IT Company offers fixed price model to customers, which is a low-risk option and can employed people when the scope and specifications of the project are fairly clear. This model guarantees on-time and on-budget delivery of projects to customers. Productions, costs and timelines will be maintain in a such a way that the budget will not exceed.

Fixed cost project may demand extra programming work due to change or addition in range during the development phase. Under such contexts, it is possible to reorganize the fixed price based on the new range of project or continue development within the range & fixed price and then switch to another model such as hourly charges model. 

Overall goal of the team is to reduce additional cost due to range addition, whichever model it suits the budgets of the customers. IT Company follows a staged access that includes ranging, development, execution and business support. IT Company can offer customers an enormous advantage on the fixed cost front by combining the fixed time, fixed price model with our solution center.