Our Engagement Model
Pithad offers Engagement/Business Models keeping in view the challenges faced during IT Outsourcing. Our engagement models are based on your individual needs and span across project based engagements. Our models provide clients with the opportunity to accelerate their IT outsourcing process highly among the value chain. Traditionally, the greatest concern about using offshore development company is centered on language and cultural barriers. These, in turn, usually lead to worries about product quality and control. Over the years our experience indicates that some common sense steps that you take can alleviate these concerns and ensure the successful, efficient, and cost-effective use of offshore development resources.
Pithad specializes in the business of offshore and on site software development work for clients across the globe providing services in the field of Enterprise Solutions, Internet Technologies and Multimedia Creations.
Pithad with its vast pool of technical talent and flexibility option of payment offers the following business model for its dedicated clients and partners. In order to provide our clients/ partners a system wherein they can utilize the maximum benefits the payment schedule and billing rates have been made flexible. We would like to join hands with you as a dedicated technology partner. Our Clients can choose from any one or more of the generally accepted and proved Engagement Models for different phases of their projects.
Fixed-Price Model or Milestone Based Billing
Suitable for customers with well-defined project requirements and schedules. This model provides the clients with flexibility when there is concern over progress in remote projects. Under this option, the customer pays a pre-negotiated fixed price for the complete project scope agreed upon, which in turn is linked to well-defined deliverables. Pithad’s Milestones based payment options and schedules are pre defined from the onset of the project thus enabling the client to reduce risk by visibly monitoring progress of the project.
Time and Material Model or Effort Based Billing
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. Our Efforts based Pricing Model ensures that the project costing is a culmination of total project execution time and the corresponding resources deployed on the project. Usually complex projects prone to specification changes and design or functional changes midstream are the ones to benefit from this model. This model provides the clients with flexibility of being able to make changes or amendments to the project scope on an ongoing basis and updating modifications to the project keeping in line with the ever evolving market demands. 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.
Offshore Dedicated Development Center
A Dedicated development center, which is an extension of the customer's software engineering facility, is popular among customers, who are looking at long-term gains from offshore outsourcing. We jointly identify and define the team along with our customer and have full transparency, access and control on the team along with our customer whereby the dedicated team works as extension of the customers' development team. We have successfully implemented this concept for more than 40 product companies across the globe thereby enabling them to obtain a sustainable advantage over their competition and providing them possibilities of supernormal savings in their development costs.