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Services
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Business Models |
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GRACELABS offers a variety of
flexible business models to its customers. These business
models, coupled with the technical expertise and advantages
of operating from India, helps in providing very cost effective,
value adding, high tech solutions. The business models are
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Time
and Material |
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Time and Material based
pricing model is suitable when it is difficult to predict
the scope and effort involved at the outset of a project
due to : |
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New
emerging technology
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Evolving
requirements due to lack of experience/evolving market.
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Integration
of heterogeneous environments/third party dependence.
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Parallel
development of hardware and software for controlling
the hardware. Eg. Parallel development of a NIC and
the device driver for the NIC.
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Exploratory
nature of some technology projects.
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For
ongoing projects such as support/enhancements of protocol
stacks/Operating system kernel software/device drivers.
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Fixed
price turnkey |
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In this model the customer
pays a pre negotiated fixed amount. This model is suitable
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When the requirements are clear and fixed and the project
execution effort can be estimated fairly easily eg.
Device driver for a stable NIC/protocol stack based
on an IEEE standard.
The steps involved in this model are :
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Onsite
requirement analysis and scoping
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Proposal
submission including acceptance criteria from GRACELABS
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Project
sign off
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Project
plan including time schedule/resources/communication
methodology is drawn up
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GRACELABS
manages the execution and development environment
as per the quality processes followed by GRACELABS/Customer.
The customer is informed through documents/reviews,
status reporting through conference calls and email.
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Acceptance
testing is done at the customer site by the customer
with assistance from GRACELABS .
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The
acceptance signoff and release of the product by
the customer.
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The
post release maintenance services take care of bug
fixes/enhancements, if desired by the customer.
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Joined
development |
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In this, part of the software
development cost is born by the customer and the rest
by GRACELABS and for each piece of software that is
sold by the customer, a pre negotiated royalty is paid
to GRACELABS.. The IP is shared between the customer
and GRACELABS. |
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Characteristics:
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Same as T&M except
for change in the payment mode.
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A low risk option
for the customer, as the cost of development would
be less than other models, depending on the royalty
fee.On one end, when the royalty fee is zero, the
cost becomes that of T&M. When the royalty fee
is high the cost becomes much less compared to T&M
for the customer.
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Advantageous to the
customer, when the market for the product is not
ready or not predictable.
This is suitable:
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When
the market for the product is not known
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When
the focus is on cutting cost without slowing down
on the product development.
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Software
for futuristic products/technologies to get the
time to market advantage while keeping the cost
low
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