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ABC’s of Outsourcing Software Development Part 2: Fixed Price, Time & Materials, Dedicated Team Pricing Models

In our first part of Outsourcing ABC’s series we talked about the service models. This post will be focused on the pricing/payment models, mainly well-trusted Fixed Price, Time and Materials, and, as of late Dedicated Team. A pricing model is essentially a contractual agreement, signed between an IT provider and a service gainer. And I’m sure that price is what provokes the most debate between you and your IT provider. How much should you pay/get is one of the toughest questions to get an answer to. The software development outsourcing market is getting super competitive with offshore companies being asked by their clients to offer more flexible pricing, so it’s crucial to understand pricing and payment options before you sign the contract. So how do you choose the right pricing model for the project? Well, let’s dig a little more and find out.

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ABC’s of Outsourcing Software Development Part 1: Staff Augmentation, Dedicated Team and Project-based Models

Software development outsourcing is not as young as it might seem at first. Still, it is always good to start with the basic models of outsourcing software development — Staff Augmentation, Dedicated Team and Project-based Models. You probably can list a good few more, but all those new faces to outsource the mobile development, design, […]

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