 Business Model 
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 Leadership  
Srest
Information Technology (SRest) is a leading provider of end-to-end
web-based solutions to enterprises worldwide.
SRest technology to increase the speed at which organizations
innovate. |
| USA
: 732.325.3748 |
UK
: 758.360.0739 |
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| (INDIA)
MUMBAI : 959.483.7268 |
(INDIA)
MANDSAUR : 942.478.0371 |
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Srest Business Model |
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A business model is a general outline of the
transactions needed for your idea to make a profit. The most basic
business model is simply producing a product or service and selling
it directly to customers. The company makes a profit if revenues are
greater than production and business costs.
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 your various business needs.
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Fixed Time/ Fixed Price
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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. Deliverable, Costs and Timelines are clearly defined in the
Fixed Time/Fixed Price model.
Srest follows a phased approach that includes scoping, development,
implementation and business support.
Fixed price model assumes that the client agrees
to pay a fixed
amount of money for the delivery of fixed software functionality.
The positive thing about a fixed price contract is that a client knows
the price in advance and it puts pressure on the vendor to be efficient.
The negative side of a fixed price model is that the vendor needs to build
in additional costs to cover the expense of items that might come up.
The client also may not be as motivated as it should to cooperate with
the vendor when he
needs questions answered or any kind of assistance because
the client will think it won't affect the cost since it is a fixed bid.
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Time and Materials
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In this business model, Srest forms project teams with the
required team members, project managers, equipment and
infrastructure based on project requirements. Time and materials
model assumes that the client agrees to pay by the hour for the
effort put into the project. With this kind of project, the
client will not have to worry about the issues of what is
included and what is not, like it has to do with a fixed
price projects. Most of our onsite services (unless it is
part of a fixed time, fixed price project) are delivered using
this business model. In such engagements, the Client has complete
flexibility
in using our associates in tasks that match their area of expertise.
It will also be easier for the client to have a say in how
things are done since it will have to pay the price accordingly.
A time and materials contract also puts pressure on the client
to do everything possible to assist the vendor in doing a good job.
This usually leads to better results.
The negative side of this type of contract,
however, is that the
client will not know exact cost ahead of time.
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Advantages
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To combine the advantages of both Fixed price and Time &
Materials models Srest often enters into "mixed" agreements
with the customers, where, for example, some part of the job
is estimated on a fixed price basis when the rest of the work
shall be done as the time and materials project.
If you have any additional question about the innovative and
fair Srest's business model, please do not hesitate to direct your questions to: info@SRest.net / info@SRest.biz
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