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Our Business Engagement Price Models

Our Business (Pricing) Models

We offer flexible business models to suit the requirement of our customers. Our main emphasis is to ensure the best value realization for our customers.  For instance, some start up companies want to quick prototypes and are willing to work with us on part compensation and part equity options. We do a number of mobile games on cost basis with revenue share of games sales.  We are willing to work with customers to their needs as much as possible. Our aim is to create a win-win situations so that we can get work done within budgets and timeframes by appropriately assigning resources to the projects.

Our standard business models include:
  1. Time and Material (T&M) Pricing Model
  2. Fixed Priced - Project based pricing Model
  3. Dedicated Offshore Development Center (ODC) Facility
  4. Built, Operate and Transfer ODC Model

A. Time and Material (T&M) Engagement Model

We provide very attractive rates for high quality resources in all skill sets. For projects, where specifications are yet not well defined or the work is of continuous nature - this is our preferred model. You can control how resources are assigned and can change the tasks as needed. This gives you total control of your project's priority and task lists. You can expect savings of up to 80% of US or Europe based resources depending upon skill sets and nature of projects.

  1. In the T&M pricing model, the project cost is a function of the total project execution time and the corresponding resources deployed.
  2. This business model is particularly useful in contexts where the projects are quite complex and are prone to specification and design changes midstream.
  3. This model gives customer greater flexibility in terms of developing the project specification on an ongoing basis and modify specifications based on the changing market needs.

B. Fixed Price Project Based Engagement Model

If the project specifications are well known and requirements will not change, we can offer a fixed price for a project. In this case we will define the resources needed - and execute a project in the most optimum way. You can expect savings of up to 75% on US and European development costs.

  1. A low risk option, which you can choose when the scope and specifications for the projects are reasonably clear.
  2. We offer Project based pricing in domains wherein we have the expertise and also have well defined estimation tools to determine the resource commitments.
  3. Our process optimization ensures reliability, predictability and optimized performance of the projects to deliver on time, on budget, on target.

Business Model

C. Dedicated Offshore Development Center (ODC) Facility

A Dedicated facility is an extension of the customer’s own engineering 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 very cost effective solution to customers requiring continuous offshore support. We provide a separate physical premise with sufficient security for a Dedicated Facility. The software design, the development methodologies, the schedules and the test plans are worked out on mutual consideration. We also implement standard/customer specified quality framework.

Benefits of Dedicated Offshore Facility to Our Customers

  1. Timely availability of resources for projects (Skilled & experienced engineers and appropriate infrastructure including comprehensive development and testing facilities)
  2. Fully transparent operations enabling tracking of project schedules, costs, and risks on on-going basis and timely resolutions of issues.
  3. Implementation and maintenance of quality standards and practices in line with industry standard practices.
  4. Substantial reductions in R&D costs (lower fixed costs/overheads with us taking complete responsibility for administrative, staffing and training functions) of the customer.
  5. Complete responsibility for all engineering and project management activities is taken by us.

D. BOT (Build, Operate and Transfer)

This model is best suited to clients who want to set up their own development center after a few years. We recruit people based on your project requirements, and manage them for an agreed upon period of time. The team works exclusively for the customer, and after a stipulated period of time this organization is spun-off as a unit and becomes part of our customer's organization.

Benefits to Our Customers

  1. A customer can create an operational outsource unit that can be transferred to customer at an agreed upon period.
  2. We take care of initial operational problems in recruitment, training and bring staff members up to date on useful technologies relevant to our customers while working with them.

Rapidsoft Systems Benefits

Working with our experienced team of developers offers the following advantages:

We are dedicated to providing innovative and professional services that will exceed your expectations. Please contact us to explore the broad range of solutions we can provide to empower your company to conduct business on the web.

Why Rapidsoft Systems:

With over 350+ software projects executed, you can simply count on our expertise, experience in giving you the right solution at absolutely lowest possible cost. If you would like more information, or want us to submit an estimate or a "no-obligation" quote for your project, contact us for more information.

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