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Offshore Development

Choosing the Right Engagement Model for Offshore Development

Offshore development has become highly popular due to the sheer amount of benefits it offers to reduce and control expenses, accelerate company transformation and reduce the time to market and most importantly improve your business focus. However, all these benefits are only possible if you select the right provider and the right engagement model. When it comes to engagement models, there are majorly three different models available: Fixed cost Model Time and Material Model Dedicated hiring model Every model has its own pros and cons and you should analyze your requirements before you select one. Fixed price model: In this model; the scope, requirements and timeline are defined first and a pre-agreed fixed price is paid for the final product....

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