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Business Model
Chrome Infotech is focused on establishing a strong and proven relationship with its customers based on trust and values with its customer as strong foundation leads to successful experience. Keeping in mind the rapidly changing and diverse needs of IT, we have designed our engagement models as versatile and flexible giving freedom to our clients to choose the appropriate business model that best serves their unique business requirements thus ensuring a successful outsourcing partnership with us. We provide technical assistance and advice, create and recommend a solution and develop a practical implementation plan for offshore IT projects. This allows Chrome Infotech to provide service and support those are reliable and customer centric.
Chrome has framed its engagement model according to the client’s different requirements and expectations with a clear value proposition for an onsite business partner and an offshore team. You can choose from any one of the generally accepted models below or a combination of them for different phases of your project. Our models core focus is on the customers innate needs like :
Fixed Price Model
The Fixed Price model is most suited where the scope and specifications of the project are very clear and specific enabling us to complete it within pre scheduled timeframe. When your need is clearly specified in sufficient detail, Chrome Infotech estimates the project scope and complexity, and provides a project delivery schedule along with the fixed price for the complete product development.
Features
Advantages
Time & Material Model
The Time & Material model is usually adopted for product development when the client is not very clear on the specifications, scope and implementation plans at the time of signing the project or requirements may change dynamically during the project implementation process. We offer its skilled resources, and the development effort is billed at the end of every month based on the pre-negotiated and mutually agreed hourly rate.
Chrome Infotech also provides you with the flexibility to switch to the Fixed Price model once the project scope becomes clearly defined and the requirements are firmed up.
Features
Advantages
Offshore Development Center (ODC)
This is usually a long term engagement usually recommended for long projects where the customer shares "market value" created by the relationship. Chrome Infotech has a cost-effective offshore methodology, which can reduce client's development costs substantially.
Chrome Infotech Offshore Development Center can be integrated with the customer's existing processes to fully support design, development, quality assurance, version control, backup and recovery, thus operating as an efficient and seamless extension of the customer's software development facilities. The Offshore Development Center comprises a dedicated team trained on your line of business, systems and processes, this team can be changed in size when necessary ensuring quick response to your resource requirements.
Features
Benefits of the ODC model
Chrome Infotech is focused on establishing a strong and proven relationship with its customers based on trust and values with its customer as strong foundation leads to successful experience. Keeping in mind the rapidly changing and diverse needs of IT, we have designed our engagement models as versatile and flexible giving freedom to our clients to choose the appropriate business model that best serves their unique business requirements thus ensuring a successful outsourcing partnership with us. We provide technical assistance and advice, create and recommend a solution and develop a practical implementation plan for offshore IT projects. This allows Chrome Infotech to provide service and support those are reliable and customer centric.
Chrome has framed its engagement model according to the client’s different requirements and expectations with a clear value proposition for an onsite business partner and an offshore team. You can choose from any one of the generally accepted models below or a combination of them for different phases of your project. Our models core focus is on the customers innate needs like :
Fixed Price Model
The Fixed Price model is most suited where the scope and specifications of the project are very clear and specific enabling us to complete it within pre scheduled timeframe. When your need is clearly specified in sufficient detail, Chrome Infotech estimates the project scope and complexity, and provides a project delivery schedule along with the fixed price for the complete product development.
Features
- Fixed Time and budget estimation before project kick off.
- Familiar requirements ( we have done projects like this before) or clear requirements (detailed analysis and application design )
- Milestoned tied payments
- Fixed scope
- Establishment of mutually agreed fixed costs on the basis of Project size, scope and complexity.
Advantages
- Budget Predictability.
- Low perceived risk
- Encourages clarity of specifications and requirements before project execution.
- Strengthens project execution due to clarity of specification
Time & Material Model
The Time & Material model is usually adopted for product development when the client is not very clear on the specifications, scope and implementation plans at the time of signing the project or requirements may change dynamically during the project implementation process. We offer its skilled resources, and the development effort is billed at the end of every month based on the pre-negotiated and mutually agreed hourly rate.
Chrome Infotech also provides you with the flexibility to switch to the Fixed Price model once the project scope becomes clearly defined and the requirements are firmed up.
Features
- Cost is the function of time and resources deployed
- Flexible resource allocation
- Ideals for small jobs / tasks based approach
- Regular updates to client
Advantages
- High degree of flexibility
- Accommodate unplanned activities rapidly
- Adjust project resources
- More control over implementation
- Less expensive than fixed
Offshore Development Center (ODC)
This is usually a long term engagement usually recommended for long projects where the customer shares "market value" created by the relationship. Chrome Infotech has a cost-effective offshore methodology, which can reduce client's development costs substantially.
Chrome Infotech Offshore Development Center can be integrated with the customer's existing processes to fully support design, development, quality assurance, version control, backup and recovery, thus operating as an efficient and seamless extension of the customer's software development facilities. The Offshore Development Center comprises a dedicated team trained on your line of business, systems and processes, this team can be changed in size when necessary ensuring quick response to your resource requirements.
Features
- Setting up of a dedicated ODC
- Allocation of work to a dedicated number of resources
- Fixed duration of time
- Defined work type by client
- Selection of resources by client through interviews
- Costs vary with varying team size, expertise levels and duration of assignment.
Benefits of the ODC model
- Provides ready to use infrastructure
- Allows access to a large and diverse pool of expertise enabling quick ramp up
- Leverages on high quality software processes
- Leverages on Chrome Infotech project management capabilities
- Ensures cost effective model
- Exploits time zone advantage
- Facilitates dedicated software teams with long term focus
- Enables knowledge retention
