Our pricing and business models combine the accepted models and innovative strategies. The
most common approaches are the Fixed Price Model and T&M. In addition to them, we have
also worked out two additional models, which combine the above two models in varying
degrees. The choice of the business model is generally agreed upon after close consultation with
the client. If the client doesnít have a preference of their own, it is generally worked out by our
consultants after a careful scrutiny. The list of business models that we work on are as follows:
Fixed Price Model
- Fixed Price Model
- Time and Material Model
- Committed Resource based Model
The Fixed Price Model is feasible for a project when the system requirements are close-ended
and clearly stated. The cost of the project is calculated beforehand and is quoted to the client.
The subsequent execution of the project is completed within the stated budget.
This is a low-risk option, wherein the deliverables, costs and timelines are pre-determined. In
case of any change in scope, a consensus is sought with the client on a fixed hourly rate.
Time and Material Model
This is ideal for clients who want a greater role in the project execution. Under this method, the
pricing is based upon the man hours spent on a project. This model is recommended for projects
where scope, specifications and implementation plans are not clearly defined.
The project execution method is determined after a mutual consensus between us and the client.
Through our project management and reporting method, we ensure that the exact hours spent on
the project are reported accurately and transparently.
Committed Resource-based Model
This model is mainly suited to software product development, existing overseas software
development houses, dynamically changing scope requirements projects, dedicated creative or
other resource requirements for the long-term. It is also adopted for clients who look at a long
term association with us.
In this model, ECLIPS Technologies will commit and reserve the resources to work dedicatedly
on your project or be the part of your development team or to establish your offshore
For clients wishing to have their software product developed or scope changing project under our
dedicated and highly skilled resources, we do all starting from SRS to deployment of self
installable application or self serving portal. Once we finish the product (project) we then work
out dedicated technical support to support the productís ongoing upgrades.
For companies and clients who wish to associate with us long term or wanting their offshore
development team/house, we partner with them to invest in replicating their IT environments,
training our teams, setting up communication and security systems, and integrating our
development processes with theirs to ensure that the offshore team is an efficient and seamless
extension of the their development facilities. ECLIPS Technologies also invest in establishing
additional resources that can be used to adjust the team at any time. In this scenario we identify
and define the team along with client and maintain transparency, access, and control of the team
with client where the dedicated team works as extension of clientís development team.
If you have any question regarding our business models, please feel free to contact us