Fixed Price Model
This model provides customers a low-risk option, and is suitable when the scope and requirements of the project are well defined. Under this option, the customer pays a pre-negotiated fixed price for the entire project which in return guarantees on-time, on-budget delivery of projects. The Fixed Price Model incorporates clearly the time period set for completion and cost estimate. Throughout the field implementation and after delivery, Hipgnosis Vision maintains to provide post-delivery services, as requested by the client. This is the most cost-effective outsourcing model to take advantage of.
Time and Materials Model
This model is most-effective option when scope and specifications of the software development project are difficult to define at the initiation of the project. Under this business model Hipgnosis Vision appoints project teams with the designated team members, project managers and means based on project requirements. Customers pay as per use of the hourly development efforts reported by the team for each month. Software development project requirements have a tendency to fluctuate during the term of implementation as a result demanding supplementary or fewer resources. This model offers the flexibility of balancing your project team size, while optimizing on the time and costs.
Dedicated Business Unit
A Dedicated Business Unit is an virtual extension of the customer’s software engineering capability and is embraced by the clients who are seeking for long-range benefits from offshore outsourcing. This model integrates a collective of dedicated resources, project management, means and infrastructure that are managed and coordinated by Hipgnosis Vision to meet the customer’s specific business goals. At the Dedicated Business Unit, we go for extra miles to reproduce processes to explicit standards to meet customer’s requirements. The activity is supervised periodically by timesheets and progress reports, and clients are charge on a monthly basis according to the number of persons in the business unit.