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Overview
 
Megha Soft maintains an Offshore Development Center (ODC) in India essentially to provide cost-effectiveness to its Partners and Clients around the globe. MST's approach is to have a pool of specialized multi-disciplinary resource available to its Clients on a dedicated or as-needed basis. MST 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. MST maintains the intellectual talent to meet the explicit business objectives and growing needs of its individual Client. MST's 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
 
MST's 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 MST can help you in going offshore.
 
 
Offshore Implementation
 
After understanding the business drivers, needs and requirements, MST 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.
 
 
Governance Strategy
 
Governance is the key to a successful outsourcing initiative. Governance in an outsourcing setup involves putting a monitoring and evaluation program in place and deciding on various performance levels and deliverables to be measured. Our experts work with you and your team to develop monitoring and evaluation programs that best suite your business environment. We help you identify area of potential improvement, take certain proactive measures and derive an action plan for the future.

MST has a proven Value Addition Model that defines a steady progress from being just a development partner to a business partner. As the relationship evolves, MST gains sufficient knowledge about the Client's products and services to identify and implement improvements proactively. MST adds further value to the projects from the extensive experience in developing the best solutions. At the highest level, MST works with Clients to achieve their business objectives.

To learn more about Outsourcing to MST, please click here.
 
 
Engagement Models
 
MST 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, MST launches a dedicated facility for the client. This facility is like an extension of the client's own facility. The dedicated facility leverages MST's technical infrastructure, processes and execution capabilities. The dedicated facility is staffed either by existing MST's resources or by Client's resources or by resources hired specifically for engagement or a mix of them all. MST 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.
 
To learn more about more about our Outsourcing to MST, please click here.
 
 

Delivery Models

 
MST's 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 MST's 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.
 
 
Onsite Delivery Model
 
The onsite delivery model entails that skilled MST professionals are deployed on the client's premises. This delivery model is viable only if fluidity is required in a project, if there is need for a specific resource type or if post-deployment support is imperative. From initial consultation to maintenance and support, our representatives are highly qualified and combine excellent business acumen and strong inter-personal skills.
 
 
Hybrid Delivery Model
 
This model, a combination of both onsite and offshore, is the best of both worlds, and results in optimized costs and maximized efficiency. The onsite team will directly interact with the clients and will serve as consultants, program managers and developers, depending on project requirements. They will do requirement studies, design and development, while interfacing directly with clients. The Offshore Outsourcing team will interact only with the onsite team and will provide additional crucial support, thereby reducing costs and implementation time. The model allows for scalability and has enormous operational benefits
 
 
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.
 
To learn more about more about our Outsourcing to MST, please click here.
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