Outsourcing

For-loop Infotech maintains an Offshore Development Center (ODC) in India essentially to provide cost-effectiveness to its Partners and Clients around the globe. For-loop Infotech approach is to have a pool of specialized multi-disciplinary resource available to its Clients on a dedicated or as-needed basis. For-loop Infotech organizes and manages the team, supervises the project life cycle and constantly trains and keeps the Team updated with the latest development concepts and technologies. For-loop Infotech maintains the intellectual talent to meet the explicit business objectives and growing needs of its individual Client. For-loop Infotech ODC acts as a virtual extension for the Client.

Why Outsourcing to India ?
Outsourcing brings strategic value to companies through :

  • Reducing costs - transforming fixed costs to variable costs providing operational flexibility
  • Access to expertise - of outsourcing partners many of whom offer domain competencies
  • Focus on core business - a firm's executives are freed to focus on building and strengthening their company's core business
  • Increased operational flexibility - allowing organizations to better adapt to market changes and customer demands
  • Improved service quality
  • Ability to scale - rapidly to match a company's growth

The strategic value to a company lies in its ability to have world class service, operate through best practices without having to make significant investments and manage processes internally or increasing headcount and fixed costs.

Approach
For-loop Infotech Outsourcing Approach are designed to assist you get the best out of your Offshore Outsourcing experience by using best practices. This Approach is continuously refined based on inputs from the "Best Practices" sessions held with the various clients.

Opportunity Analysis
A good Offshore Outsourcing strategy begins with the analysis of risks and rewards of outsourcing specific IT functions of your organization. While developing a strategy, we take into consideration the following:

  • Identify your key business objectives
  • Identify, select, prioritize IT functions
  • Determine what skills to keep in-house and what to outsource
  • Risk and reward evaluation
  • In short, we help you determine if outsourcing is right for you and if so, how For-loop Infotech can help you in going offshore.

Offshore Implementation
After understanding the business drivers, needs and requirements, For-loop Infotech will develop an Offshore Solution for the Client and present it as part of the formal contract. After identifying which of your IT functions are most suitable for outsourcing, our experts will help you:

  • Develop a comprehensive action plan
  • Determine how to move forward with speed and confidence
  • Master Professional Agreement sign-off
  • Statement of Work sign-off
  • Skill set requirements and resource sign-off

Migration Strategy
Working offshore is totally different ball game, new rules, new issues and new risks. It is very important that you understand these challenges and have a plan to conquer them. Our expertise in this domain assists you with:

  • Developing a comprehensive offshore migration strategy
  • Organization structure
  • Modifying existing processes to support the new arrangement
  • Knowledge transfer
  • Environment replication or transfer
  • Talent Sourcing
  • Offshore communication process and channels
  • Offshore transition task management
  • Transition is the time when your IT department is the most vulnerable. We ensure smooth transfer.

Engagement Models
For-loop Infotech offers multiple engagement models to meet diverse needs of global clients. You can choose from any one the generally accepted models below or a combination of them for different phases of your project. We can work with you to customize a model to address your specific need.

  • Effort based pricing or Time & Material
  • Milestone based billing
  • Dedicated Development Facility or Retainer
  • Build-Operate-Transfer (BOT) Model
  • Project based pricing or Fixed bid

Any of these pricing models can be applied to our suite of services in ingenious ways for convenience and best value for money.

Effort based pricing or Time & Material

  • In the Effort based pricing model, the project cost is a function of the total project execution time and the corresponding resources deployed.
  • This engagement model is particularly useful in contexts where the projects are quite complex and are prone to specification and design changes midstream.
  • This model gives customer greater flexibility in terms of developing the project specification on an ongoing basis and modifying the specifications based on the changing market needs.

Milestone-based Billing
This option works for Clients who are concerned about progress in remote projects, milestones-based payment schedules reinforce progress monitoring. It helps justify payment based on achievable milestone and visible progress reduces risks.

Dedicated Development Facility or Retainer
A Dedicated facility is an extension of the customer's own engineering/development center. Through such Dedicated facilities, we offer the best skill sets, resources, flexibility and time-to-market advantages to the customers, taking all necessary efforts to protect the Intellectual Property Rights (IPR) of the customers. All rights to the IPR developed in the Development Facility vests with the customer. The Dedicated Facility also provides a cost effective solution to customers requiring continuous offshore support. For such dedicated relationships, we also implement customer specific quality/process frameworks and teams are trained for the specific needs of a Client. The resources are paid on a retainer basis.

Build-Operate-Transfer (BOT) Model
In the Build-Operate-Transfer Model, For-loop Infotech launches a dedicated facility for the client. This facility is like an extension of the client's own facility. The dedicated facility leverages For-loop Infotech technical infrastructure, processes and execution capabilities. The dedicated facility is staffed either by existing For-loop Infotech resources or by Client's resources or by resources hired specifically for engagement or a mix of them all. For-loop Infotech has a well-defined mechanism for the smooth transition of the facility to the client.

Clients see the following benefits by working with this model:

  • Faster Time to Market
  • Lower Establishment Costs
  • Risk Reduction
  • Flexibility
  • Process Expertise
  • Option of owning the facility

Project based pricing or Fixed bid

  • A low risk option, which you can choose when the scope and specifications for the projects are reasonably clear.
  • We offer Project based pricing in domains wherein we have the expertise and also have well defined estimation tools to determine the resource commitments.
  • Our process optimization ensures reliability, predictability and optimized performance of the projects to deliver on time, on budget, on target.

Delivery Models
For-loop Infotech Offshore Outsourcing delivery models are designed to suit varying comfort levels and scenarios. Whether outsourcing is part of your strategy for cost reduction, improving operations and / or restructuring, the services we offer will provide financial return, risk mitigation, strategic alignment, political impact and intuition.

Offshore Delivery Model
The offshore delivery model entails that all project development, from initial study to testing, is done on For-loop Infotech premises. This particular model works well in scenarios where the project goals are well defined and deviation from the same is unlikely. Management and communication during the course of the project is the responsibility of our program managers - the internal clients, who work with tried and tested methodologies to ensure that delivery is as per schedule. The offshore dedicated project team, works within predefined processes, thereby making this models the most cost effective.

ODC Partnership Model
ODC Partnership Model aims at creating relationships with customers who seek long-term services. Our model involves the creation of a dedicated Offshore Development comprising engineers who have or built domain expertise in specific areas. This ensures continuity within the project and iterative use of components while continuously upgrading to market requirements and effectively addressing business critical issues like our clients' time-to-market pressures.