Matrix Semiconductors and Telecommunications Pvt. Ltd. has a plethora of Business Models that would fit directly to suit your engagement needs and priorities. The choice of these Models would carry weight age during the proposal submission stage. Our costing and modularity of model available will you give you the price and delivery advantage depending on your business needs. Matrix prides itself in adhering to strict guidelines created internally to ensure that project schedules are met with based on the criteria of choice.
Our Client relations Manager will study your needs and create the Project proposal a mutual agreement of how resources should be utilized to execute the project that is best suited to you or to your client in case of joint development programs. Through the various models one thing is constantly assured and that is a window to the developments taking place at various stages.
1. Offshore Model :
This contractual model will be based on the ability to build a Delivery mechanism that would be based on best practices implemented by the principal company and would be monitored and supervised to ensure that the projects offloaded are delivered under qualitative norms and in effective timelines. The project would be executed within the premises of Matrix development center. This would clearly be based on Total ownership by Matrix and would house all the necessary Tools and project management practices that are best suited to ensure that projects are delivered by our project Managers who will come from diverse backgrounds and will operate under Divisions and domains that will be created to Manage such projects.
2. Time and Material Model :
Matrix uses a "Time and Material" model for invoicing development services to our customers. From the customer's perspective, you are always assured of getting what you need and paying for only what is needed.
There are several benefits that we believe Time and Material protocol brings to the customer:
No hidden fees
No hidden agendas
Reinforcement of Matrix ability to offer flexible engagements and teams Matrix has two standard price structures: On-site and Outsource. Outsource pricing is inclusive of the standard tools and hardware needed by most projects. Project-specific tools and hardware are invoiced as "Material" in the "Time and Material" model. Matrix considers project-specific tools and hardware as items only having relevance on the specific project.
3. Fixed price and fixed time model :
Matrix can offer a fixed price and fixed time model as well where-in the responsibility to project deliverables are totally the ownership of Matrix and it is committed to deliver the project with-in the designated period of time at all costs. The fixed price concept enables the client to gather complete resources at a certain cost which is never a variable and is based on Mutal agreement. Here Fixed contracts have the advantage for the customer that he can determine exactly his budget in advance. On the other hand, as the specification document has a contractual value and describes the deliverables of the project, customer will need to put more effort into the complete specification of the document. Moreover, fixed price contracts tend to be less flexible for managing changes: requirement changes, occurring during the development process, will cause a renegotiation of the contract.
These are the types of contracts that small businesses will, for the most part, be dealing with. Under the fixed-price arrangement, the final price is basically determined before the work is performed. There are various types of fixed-price contracts:
Firm fixed-price: The price is not subject to adjustment. The contractor is obligated to perform the contract at the awarded price and accepts 100 percent of the profit or loss of performing the contract within that price.
Fixed-price with economic price adjustment: The price may be adjusted upward or downward based upon the occurrence of contractually specified economic contingencies that are clearly outside the contractor's control.
Fixed-price incentive: The profit is adjusted and the final price is established by a formula based on the relationship of the final negotiated cost to the target cost.
Firm fixed-price, level-of-effort: A fixed price is established for a specified level of effort over a stated time frame. If the level varies beyond specified thresholds, the price may be adjusted
4. Joint Venture Development Model :
This model would be a Joint Equity participation based on Build, Operate and Transfer (BOT) where-in all resources and risks would be jointly managed and would be handed over after specified period of time. Due diligence of the proposal would be done in advance by our panel of experts who will then assist in providing a Business Plan which will assist in creation of the Development center. The center would be managed on a shared risk basis and key executives of the companies involved would be responsible for ensuring the success of implementation and objectives.
5. Onsite Development Model :
Client engagements that necessitate the need for deploying our Manpower resources to client sites to ensure confidentiality and direct monitoring of projects being executed with-in the aegis of the client is also quite an acceptable model to us. The feasibility studies and the length of the projects will play the determining role for acceptance of such a model. Matrix Semiconductors and Telecommunications Pvt. Ltd. is ready to address the proposition of onsite engagements provided the governmental regulations that facilitate such onsite engagement are approved of in the client country and the time lines drawn to satisfactorily execute such projects will warrant the need and necessity of stay for a period of time that is within a mutually accepted range of maximum and minimum number of days. The model costing would be dependent on whether the project is internal to the client or external to the client but within the same country jurisdiction. A combination of Onsite and offshore model can also be created to seamless effect where-in more then one project team is actively involved in sharing of resources.