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Essel Business Models

In the new economy, we realize that customers are increasingly demanding the flexibility that best serves their unique business requirements. We provide the option of selecting a combination of business models to suit various phases of a project cycle.

Fixed Time/ Fixed Price
Our fixed time, fixed price model offers customers a low-risk option and can be employed when the scope and specifications of the project are reasonably clear. This model guarantees on-time, on-budget delivery of projects. Deliverables, Costs and Timelines are clearly defined in the Fixed Time/Fixed Price model. In fixed time, fixed-price engagements,
Essel follows a phased approach that includes scoping, development, implementation and business support. Combining the fixed time, fixed price model with our solutions center, we can offer customers a tremendous advantage on the cost front.

Time and Materials
In this business model, Essel Solutions forms project teams with the required team members, project managers, equipment and infrastructure based on project requirements. Customers pay a monthly charge based on the size and composition of the team. This model offers the flexibility to balance team size and project workloads. Most of our onsite services (unless it is part of a fixed time, fixed price project) are delivered using this business model. Essel Solutions could bid for partial phases of a project on a fixed time, fixed price basis and the remaining parts on a time and material basis. In such engagements, the Client has complete flexibility in using our associates in tasks that match their area of expertise.

Essel provides knowledgeable, skilled, motivated, energetic and competent consultants who work seamlessly as part of client teams to provide quality solutions. Our consultants are handpicked after assessing their technical, communication and interpersonal skills. We keep our consultants on the cutting edge of information technology by providing them with ongoing advanced training and skill-building workshops.

Revenue/Risk Share
We have endeavored to partner with our Clients, by offering unique risk-reward models for project delivery. Since information technology is intended to help our Clients become more effective in their business operations, we are open to linking our charges for a project with the level of business benefit our Clients realize. Revenue/Risk Share models are popular amongst emerging businesses or technology companies, wherein Essel Solutions can invest and share the development costs in return for jointly owning the Intellectual Property (IP) and sharing revenue/licensing fees. The risk and reward model is typically used during software product/subsystem development. Under this business model Essel Solutions shares the risks involved in developing and marketing a product along with our customers.

Proof of concept
Our commitment to our clients and confidence in ourselves is complete. So much so that, we would gladly offer a 5- 10 person month Offshore pilot project with our compliments and with minimal professional fee to a new member of our Client family.

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