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Engagement Models
Business Engagement Models
We work with you to develop a business model that fits well for each individual business demand. Many clients have found our models, mentioned below, working well for their business. Many would like to mix them or add parameters to control risks and rewards. Please don’t forget to ask about our cost analysis. Our clients find the analysis customized for their unique business demand very helpful.
On-site Offshore Resource Augmentation
3Nexus technical or project management team can work at client’s site for requirement analysis, system deployment, business process observation and learning. This approach helps 3Nexus resource and client to build rapport and support for one another, making the collaboration more effective. The model is also used to build a bridge for the engineering team that will then transfer the knowledge to a larger Vietnamese team supporting the client.Top
Offshore Dedicated Center
This model is similar to the Time and Materials in term of billing method. However, this will benefit clients with long term outsourcing program by lower cost and higher employee retention rate. The client is provided with dedicated resources that work exclusively for the client. Client has complete control on the tasks they would like 3Nexus consultants to do. The consultants could be software engineers, database or network admin, quality assurance engineers, and/or project managers.
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Fixed Price/Fixed Time
Our clients get the assurance for project completion at a fixed price and a fixed date for delivery. Project scope must be clearly defined. Deliverables, costs, and schedule must be well documented. 3Nexus provides strong project management to ensure the project meets the quality within budget and schedule.
With this approach, our clients can save tremendously on project management cost at reduced risks of overall cost and schedule.Top
Time and Materials
3Nexus provides highly competent consultants to work on client’s projects. Though cost, schedule, and scope constraints are well managed and controlled, there is flexibility in balancing these factors to achieve the client’s business objectives. In this model, clients and 3Nexus resources extensively collaborate together for the common goals. Clients pay periodically for the time and materials that 3Nexus resources spend on its clients’ projects.Top
Build-Operate-Transfer (BOT)
Clients interested in having a subsidiary entity in Vietnam can choose this approach. First 3Nexus builds up a team that proves to perform and operate the client’s business efficiently. Once the team efficiency level is well established and it can independently operate with minimal supervision from 3Nexus, we will transfer the ownership and management to the client.
This model comprises of three parts:
- Build: 3Nexus establish the offshore team with inputs from client.
- Operate: 3Nexus and client collaborate to build up the business skill-set for the offshore team to efficiently operate the client’s business.
- Transfer: 3Nexus transfer the ownership and management of the well established offshore team to the client.
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Modularized Hybrid
Our clients reap the advantage of this hybrid model of the Fixed Price/Fixed Time and Time and Material approaches. While the Time and Materials engagement will provide the opportunity for the clients and 3Nexus to develop detailed requirement specifications and project plan, the Fixed Price/Fixed Time engagement will assure their critical delivery date within their predefined budget. Clients have precision and flexibility in mixing cost, risk, and control with respect to each stage or task of an implementation.Top
Partnerships and Revenue/Risk Share
Bring to us your YouTube or PayPal ideas for the global market, and we transfer your ideas to reality with minimal costs. Or if your technology company would like to penetrate the Vietnamese market with minimum risk of venturing into a new business environment, please contact us for free evaluation. We will provide you helpful recommendations with no charge. Or we can invest and share the development costs in return for jointly owning the Intellectual Property and sharing revenue streams. Under this business model 3Nexus shares the risks involved in developing and marketing a product along with our clients.
3Nexus is actively seeking partners for a few applications that could bring tremendous values to the Vietnamese fast growing market. Please click here to contact us for additional information.
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