Offshore IT Services
Ignition offers different offshore business models to meet global customers’ diverse needs in tune with its flexible approach to catering to customer needs. This model has various variants to suit various scenarios, as mentioned below. Each model has its advantages and can be finalized based on the requirement and mutual understanding.
►Time & Material
►Dedicated Development Center
►Milestone Based Billing
►Build-Operate-Transfer (BOT) Model
►Proof of Concept
Ignition proposes to customers the Fixed Price model when the scope of work and project specifications are reasonably clear and well defined. We work with the customers in determining the expected deliverables and timelines based on which the time and cost estimate is done.
The Time and Material model is advantageous to the customers when the scope of work and project specifications are either not clearly defined or when there is a possibility of significant changes down the line. The customers get greater flexibility to alter the project specifications on an ongoing basis at their discretion. The customer shall pay an hourly/monthly rate, which is agreed upon when signing the contract. The customer may even revise the team size, thereby optimizing the cost and duration of the project.
The dedicated Development Center operates as an extension of the customer’s development center. In this model, Ignition forms teams with required team members, project managers/leaders, infrastructure, and any necessary equipment based on the customer’s requirement. This model is a win-win model for both the customer and Ignition as the same team members working continuously for more prolonged periods results in increased productivity over a period of time, and the domain and technical know-how is retained better. In addition, it gives stability and visibility to the team and the company in terms of work. This is the preferred model for any long-term contract.
This model can be employed in the case of longer-term projects, which are divided into various phases that are measurable and defined clearly. Payment schedules are usually defined on a timeline (for example, monthly) or milestone basis. This model enables efficient progress monitoring and reduces significant project risks for the customers.
In the Build-Operate-Transfer Model, Ignition forms a dedicated facility (incubation center in other terms) for the customer, which operates as an extension of the customer’s own facility during the initial stages. The dedicated facility leverages Ignition’s infrastructure and processes. Human resources for this dedicated facility can be the existing employees of Ignition or the customer or a mix of both or those hired freshly through joint recruitment effort. Ignition has a well-defined mechanism for a smooth transition of the facility to the customer after a mutually agreed period.
This model has the following advantages to the customers:
Lower Establishment Costs
Faster Time to Market
-Leveraging our proven process expertise
-Option of owning the facility
This is a variation of the Milestone Based Billing model. The billing is partly or fully conditional and is carried out only when certain predefined goals are achieved to a predefined extent
This model can be adopted when the customer has a particular concept/requirement for which he would like to get a preview of how it may look like by building a quick proof of concept or prototype before deciding whether to go ahead with the complete implementation or not.