LAST UPDATED Wednesday, 5 March, 2014

Business models

The Fixed Price Model

Deliverables, Costs and Timelines are clearly defined – this is the most appropriate model for you. The Fixed Price Model is suitable when the requirements and project schedules are very clear. This is a very low-risk option and guarantees delivery of project on-time and within budget and it can be utilized once the scope and specifications of the project are categorically spelled out. For any change in scope at the later stage in the project execution, a prior agreed upon fixed hourly rate is charged to the client. The collaboration on the project basis is well developed and the client gets all that is needed by the project with the proper time.

All our work is aimed at your expenses reduction and your profit increase. We take care about it and we are responsible for that.

Your advantages using The Fixed Price Model

  • You control the project budget
  • The model helps you deliver high quality solutions on time and on budget
  • The planning, schedule is clear, you see the deliverables and the whole process is visible to you
  • Easily predicted profit
  • You do not bear expenses on employing the developers at your office
  • Success depends on the active and mutual cooperation

The Time and Material model (T&M)

This model is suitable for clients who want to play a significant role in the project development process. When the specification of project, scope of work and implementation of project plan cannot be effectively estimated during the initial phase, T&M model is the best option to choose and proceed with the development. The effort is charged on a pre-agreed hourly rate based on the quality of resource engaged.

This business model is highly efficient in case the project is hard to predict in terms of time and creative effort and in case the development process needs control and improvement upon each iteration. Thus, it allows for cancellation at virtually any stage of the development project.

Your advantages using The Time and Material model (T&M)

  • Greater flexibility to balance team size and project workloads
  • Optimizing the costs and time lines
  • Project model tailored to your requirement
  • Increase or reduce resources and pay for the specific work done
  • Regular work reports facilitate
  • You may change the specification of the project, add functionally or other in the middle of the project development

The Dedicated Model

The third variant of collaboration is the creation of the dedicated team of developers, which we find, choose, hire and supervise, which sit in your office, which are employed by our company, whom we pay their salary, but who work exclusively for you. The whole or a part of the team can also be created from members from our existing team of highly motivated professionals.

Insitex dedicated team service is developed to provide a completely exclusive approach to your needs and maximum cost efficiency for your business.

Your advantages using The Dedicated Model

  • Flexible engagement contract
  • Skilled staff to work exclusively for you
  • Direct contact
  • Possibility to select team members, motivate and manage them
  • Reduced cost of the man-hour for stable long-term projects
  • You may change the specification of the project, add functionally or other in the middle of the project development

If you need more detailed or specific information, please contact us.