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We, at SIPTECH, look at ourselves as a partner to our clients and not just another vendor.
In the new economy, we realize that customers are increasingly demanding the flexibility that best serves their unique business requirements. We provide the option of selecting a combination of business models to suit various phases of a project cycle.
We leverage our global delivery capability to offer services “on-site” at the client’s very own premises or “off-shore” at our world-class software development facilities in India. Offshore Strategic Sourcing with SIPTECH is very different from traditional outsourcing models. With SIPTECH, you don't give up control and you can dramatically reduce your costs and IT headaches. SIPTECH's approach to outsourcing can also substantially improve IT effectiveness and help organizations achieve strategic business goals.
Fixed-Price Model
Our fixed time, fixed price model offers customers a low-risk option and can be employed when the scope and specifications of the project are reasonably clear. This model guarantees on-time, on-budget delivery of projects. Deliverables, Costs and Timelines are clearly defined in the Fixed Time/Fixed Price model.
SIPTECH follows a phased approach that includes scoping, development, implementation and business support. Combining the fixed time, fixed price model with our solutions center, we can offer customers a tremendous advantage on the cost front.
This model works best for Customers with well-defined requirements and project schedules. Under this option, the customer pays a pre-negotiated fixed price for the complete project, which in turn is linked to well-defined deliverables. For any change in scope, a predefined fixed hourly rate agreed at the initial stage of start of project, is paid. For any changes there is a standard change request procedure that is followed for which we have structured processes in place.
Time and Material Model
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. Under this model, you pay as per use of the hourly development efforts. Under this mode we define the business model and work hand in hand with our client for execution of end-to-end project. At times, once the scope is frozen, the time and material project also gets converted to the fixed price model. 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.
In this business model, SIPTECH forms project teams with the required team members, project managers, equipment and infrastructure based on project requirements. Customers pay a monthly charge based on the size and composition of the team. This model offers the flexibility to balance team size and project workloads. Most of our onsite services (unless it is part of a fixed time, fixed price project) are delivered using this business model. SIPTECH could bid for partial phases of a project on a fixed time, fixed price basis and the remaining parts on a time and material basis. In such engagements, the Client has complete flexibility in using our associates in tasks that match their area of expertise.
SIPTECH provides knowledgeable, skilled, motivated, energetic and competent consultants who work seamlessly as part of client teams to provide quality solutions. Our consultants are handpicked after assessing their technical, communication and interpersonal skills. We keep our consultants on the cutting edge of information technology by providing them with ongoing advanced training and skill-building workshops.
Hybrid Model
Very often it becomes necessary to undertake a major portion of a project on a Fixed Price basis and at the same time deploy resources on a Time and Materials Pricing basis. We call this the hybrid model. Adopting such a model enables the client to maximize their budgets without compromising any aspect of the project itself.
Needless to mention here that this model too can be Onsite, Offsite, Offshore or any combination of the same.
This model is used when client wishes to work on fixed price model or when the project scope is not detailed enough to enable us to estimate the effort with accuracy.
Dedicated Development Center Model
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.
In this model SIPTECH reserves resources, equipment and infrastructure, exclusively for the customer. While such a model is normally for a pre-determined minimal period of time. It allows the client to leverage the talent pool of SIPTECH, the cost effectiveness of such an offering and the superiority of our Project Management.
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 an extension of the customers' development team. We have successfully implemented this concept for more than 70 software 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.
We partner with our clients to invest in replicating their IT environments, training our teams, setting up communication & security systems and integrating our development processes with theirs to ensure that the offshore team is an efficient and seamless extension of the client's development facilities. We also invest in creating a pool of additional resources who can be used to augment the team at any time. In addition this system optimizes employee productivity and charges Clients with attractive long-term rates.
In India, we can establish and manage dedicated offshore development centers to develop IT solutions and maintain legacy systems.
Software Product Development
Usually this model works best for software product companies for whom we setup end-to-end development and support facility working as extension of client’s team.
Existing overseas Software development houses
We setup extension of client teams in India for IT companies globally. This model also leverages on competencies of a dedicated team.
Dynamically Changing scope requirements
For clients who are in dynamic industries and scope of work keeps on changing even while we develop the application this model works best as we don’t go back and forth for every change request that gets specified.
For clients who wish to associate with us for long term this is the best model where savings ranging upto 70% on costs can be achieved.
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