Working Models

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Effort based pricing / Time and Materials Model:

We define the business model and work hand in hand with our client for end-to-end execution of the project. Invoicing is made at the end of the month, based on a fixed hourly rate. If required, once the scope is frozen, this model can be converted into a different model.

Milestone Based Pricing Model:

The customer pays a pre-negotiated fixed price for the complete project, which in turn is linked to very well-defined deliverables. A predefined fixed hourly rate is paid for any change. The hourly rate is negotiated before the start of the project.

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Mixed Model:

Part of the project is delivered on a fixed price/milestone basis and at the same time resources are allocated on a Time and Materials basis to handle other requests or enhancements. Adopting such a model enables the client to maximize the budget without compromising any aspect of the project. The effort based pricing could be applied to a possible support team, for instance.

Dedicated Development Team:

An extension of the customer’s software engineering facility. The engagement is long-term and it brings tremendous added-value to the client. The knowledge is kept within the team and the members do not change. They are perdurably assigned to that specific customer. The project management can be done either onshore, by the client, or shared with the offshore Project Manager. A fixed monthly price is paid per developer or per team. This model guarantees persistence of the same team from one project to another.

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qode

Strategic Sourcing – Partnership:

One-stop-shop; one provider (Soft Galaxy) manages all the IT needs of a company, understanding its business requirements, strategies and pains. The offshore team is an extension of the customer’s software department; vendor and client are together in good times and difficult times, sharing responsibilities and successes equally, sharing also the project management.

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