Smartbuzz has different engagement models in place depending on your requirement:
- Effort based pricing or time and material
- Dedicated development facility or retainer
- Build-operate-transfer model
- Project based pricing or fixed bid
Effort based pricing or time and material
In the Effort based pricing model, the project cost is a function of the total project execution time and the corresponding resources deployed. This engagement model is particularly useful in contexts where the projects are quite complex and are prone to specification and design changes midstream. This model gives customer greater flexibility in terms of developing the project specification on an ongoing basis and modifying the specifications based on the changing market needs.
Dedicated development facility or retainer
A dedicated facility is an extension of the customer's own engineering/development center. Through such dedicated facilities, we offer the best skill sets, resources, flexibility and time-to-market advantages to the customers, taking all necessary efforts to protect the intellectual property rights (IPR) of the customers. All rights to the IPR developed in the development facility vests with the customer. The dedicated facility also provides a cost effective solution to customers requiring continuous offshore support. For such dedicated relationships, we also implement customer specific quality/process frameworks and teams are trained for the specific needs of a client. The resources are paid on a retainer basis.
Build-operate-transfer model
In the Build-Operate-Transfer Model, Smartbuzz launches a dedicated facility for the client. This facility is like an extension of the client's own facility. The dedicated facility leverages Smartbuzz's technical infrastructure, processes and execution capabilities. The dedicated facility is staffed either existing Smartbuzz's resources or by resources hired specifically for engagement or a mix of them all. Smartbuzz has a well-defined mechanism for the smooth transition of the facility to the client.
Clients see the following benefits by working with this model:
- Faster time to market
- Lower establishment costs
- Risk reduction
- Flexibility
- Process expertise
Project Based Pricing or Fixed Bid
- A low risk option, which you can choose when the scope and specifications for the projects are reasonably clear.
- We offer Project based pricing in domains wherein we have the expertise and also have well defined estimation tools to determine the resource commitments.
- Our process optimization ensures reliability, predictability and optimized performance of the projects to deliver on time, on budget and on target.