The company has successfully executed projects
in each of the models identified and is also open to combining
models or discussing innovative alternative models that
clients have developed from experience.
The Extended Development Center (EDC)
The EDC model is a true 24 x 7 development model and functions
as an extension of the client’s own in-house software
development team. To learn more about the EDC model and
its benefits:
Click Here
The Offshore Development Center
Similar to the EDC model, but instead of becoming an extension
of the client’s own development team, NIT provides
all of the technical resources required to complete mission
critical projects for the clients. A turnkey solution
that includes: product specification, development, quality
assurance testing and deployment. This solution works
well for clients who prefer to keep their in-house technical
resources to a minimum. NIT becomes a global strategic
business partner who provides the technical expertise
required to allow clients to focus on core competencies
and achieve their strategic business objectives.
Fixed Price
The model can work well for projects that have a clearly
defined scope of work. The client pays a pre-negotiated
fixed amount and the NIT team delivers a quality product
within a specific time frame.
An example of a typical workflow for a fixed price
turnkey project is:
- The client provides a specification of requirements.
- NIT interacts with the client to clarify the specification
of requirements.
- NIT quotes a fixed price for the projects
- NIT develops a detailed project plan when the proposal
is accepted.
- NIT manages the complete development process and
the customer is provided with complete transparency
to the project based on their requirements.
- Acceptance phase is carried out at the customer
site assisted by NIT until the project is approved
by the client.
Time & Material
Often, the scope, specification and implementation plans
of a technology project are not easy to explicitly define
at the outset. In this scenario the time and materials
model can often provide the best solution for the client.
After the project has been fully defined, NIT can convert
the project to the fixed cost model if the client prefers.
On-site Professional Services
This model provides clients with the flexibility to scale
resources as the project workload expands and contracts.
Highly qualified NIT technical consultants with domain
expertise can be provided on-site and billed on a man-month
basis.
Joint Venture
This model is a partnership approach with a long-term
commitment between the client and NIT. It is a mutual
investment in a specific business venture and both NIT
and the client become stakeholders in the venture.