Offshoring Models

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OFFSHORING

Which Offshore Model Fits You The Best?

Build — Operate — Transfer

Hourly / Time & Material

Fixed Price Model

Build — Operate — Transfer (BOT)

This model comprises 3 primary phases – build, operate and transfer. The ‘build’ phase encompasses the entire R&D and recruitment of resources. Everything right from headcount planning, resource screening, recruitment, training, onboarding and infrastructure necessities is taken care of by the service provider. The client however has complete authority of the operations. For you to get the best product in the market, INDEXIZ provides you with an added authority to set the hierarchy as per your convenience. The operation phase defines the initiation of the development process which involves – coding, product enhancements and management, maintenance as well as support. At the same time, technical and marketing consultations, payroll management and HR activities are also carried out simultaneously.

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Advantages of the BOT Model

Get ownership of the team

Team can be scaled up quickly

Client can set hierarchy

Establish team building and motivational programs

Can create a product specialised team

Don’t lose product knowledge

Develop your own culture

Create customized incentive program

Get complete team built in 2 weeks

Freedom from screening and recruitment

Get your own branded co-working space - an Offshore Dedicated Centre

Build (We put together your team)

We understand the skill requirements for your product and can quickly arrange a team for you from our 500+ in-house engineers. With INDEXIZ , you can quickly launch and scale your product team.

Operate: We run full-service operations

You can concentrate on your product and business while we handle IT operations. We handle office facilities, recruitment, scaling, IT infrastructure, HR self-service, compliance, insurance, payroll, etc.

Transfer: Take charge of your team when ready

When you are ready to establish a local entity, we transfer an entire team to you at a fixed cost. You never lose sight of your team or product knowledge. We also assist you in registering your company, locating an office, and establishing processes.

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Hourly / Time & Material

Time and material model suits clients with long-term projects where the requirements keep changing dynamically and the scope of work is undefined with varying workloads of the development team. This model gives immense flexibility to change or alter the project specifications at any point in time, thus the client has maximum control over the project. Besides, as the requirements evolve, team size and resources allocated to the project can be easily adjusted, simultaneously minimizing time and cost as well as time.

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Advantages

This model is apt for large and long-term projects where the end product is unpredictable

Low risk model for client as well as service providers

Generally has flexible budget and low risk of potential failure

Client has significant control over the project as well as on any on-demand enhancements during the project

Drawbacks

Estimated budget may vary from the eventual budget because of unanticipated changes that may impact the overall development cost

Flexible or undefined time frame for project completion

Client has the authority to suggest changes or head the entire development process

Undefined deadlines. Any feature enhancements in the project can directly impact the time of the product to market.

Undefined budget. The pricing of the project in this model is always tentative because of the uncertainty of time required to design and implement features.

Product owners usually have to manage any and every iteration as well as the development process

Client loses the developers as well as the product development knowledge

Fixed Price Model

Fixed price offshoring is preferable for short-term projects with precise and well-documented needs. It entails a clear scope and project specifications, a predetermined delivery schedule, and a set budget. When the client specifies a time frame and a detailed set of requirements for the end product that are unlikely to change throughout the project, the offshore company can provide a schedule and an estimated price based on the project scope and complexity. Development stages are planned during the discussion and the process is followed applying waterfall methodology. Moreover, this engagement model doesn’t require client’s supervision, but presupposes some scope-related risks for both parties, since any deviations from the original plan will result in additional expenses.

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Advantages

Good for small & mid sized projects where requirements & deliverables are well defined from the start

Low risk model for client as well as service providers

Generally has flexible budget and low risk of potential failure

Client has significant control over the project as well as on any on-demand enhancements during the project

Drawbacks

Estimated budget may vary from the eventual budget because of unanticipated changes that may impact the overall development cost

Flexible or undefined time frame for project completion

Client has the authority to suggest changes or head the entire development process

Undefined deadlines. Any feature enhancements in the project can directly impact the time of the product to market.

Undefined budget. The pricing of the project in this model is always tentative because of the uncertainty of time required to design and implement features.

Product owners usually have to manage any and every iteration as well as the development process

Client loses the developers as well as the product development knowledge

BOT vs. Hiring vs. Fixed Price Model

	BOT	Time & Material	Fixed Price
Project Size	Large	Medium	Small
Project Duration	Long	Avergage/Long	Short/Average
Project Pricing	Fixed Monthly	Fixed Hourly	Fix Per Project
Project Timeline	Estimated	Incremental	Defined
Resource Type	Dedicated	Shared	Shared
Team Scalability	High	Moderate	Low
Change Request	During Project	During Project	After Project Completion
Project Control	Full	Partial	Negligible
Project Reporting	Daily	Daily	Weekly/Biweekly
Tech Stack	Flexible	Situational	Pre-planned
Support	Until Product Success	Until Project Completion	Until Project Completion
Accountability	Team	Client	Client
Team Communication	Direct	Direct	Indirect
Project Ownership	Full	Partial	Negligible
Culturally Fit	Yes	No	No
Branding	Yes	No	No
Team Take Over	Yes	No	No

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