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business models


The company has successfully executed projects in each of the models identified and is also open to combining models or discussing innovative alternative models that clients have developed from experience.
The Extended Development Center (EDC)

The EDC model is a true 24 x 7 development model and functions as an extension of the client’s own in-house software development team. To learn more about the EDC model and its benefits: Click Here
The Offshore Development Center

Similar to the EDC model, but instead of becoming an extension of the client’s own development team, NIT provides all of the technical resources required to complete mission critical projects for the clients. A turnkey solution that includes: product specification, development, quality assurance testing and deployment. This solution works well for clients who prefer to keep their in-house technical resources to a minimum. NIT becomes a global strategic business partner who provides the technical expertise required to allow clients to focus on core competencies and achieve their strategic business objectives.
Fixed Price

The model can work well for projects that have a clearly defined scope of work. The client pays a pre-negotiated fixed amount and the NIT team delivers a quality product within a specific time frame.

An example of a typical workflow for a fixed price turnkey project is:
  • The client provides a specification of requirements.
  • NIT interacts with the client to clarify the specification of requirements.
  • NIT quotes a fixed price for the projects
  • NIT develops a detailed project plan when the proposal is accepted.
  • NIT manages the complete development process and the customer is provided with complete transparency to the project based on their requirements.
  • Acceptance phase is carried out at the customer site assisted by NIT until the project is approved by the client.


Time & Material

Often, the scope, specification and implementation plans of a technology project are not easy to explicitly define at the outset. In this scenario the time and materials model can often provide the best solution for the client. After the project has been fully defined, NIT can convert the project to the fixed cost model if the client prefers.
On-site Professional Services

This model provides clients with the flexibility to scale resources as the project workload expands and contracts. Highly qualified NIT technical consultants with domain expertise can be provided on-site and billed on a man-month basis.

Joint Venture

This model is a partnership approach with a long-term commitment between the client and NIT. It is a mutual investment in a specific business venture and both NIT and the client become stakeholders in the venture.
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