T&M model is to pay for the actual time and efforts spent on your project. The approach works best for large projects, innovative projects (including IoT and Artificial Intelligence software development) and projects with unclear or evolving requirements.
This model is suitable for small, medium-sized and large scale projects with clean and clear requirements that aren’t likely to change over time and milestones that can be achieved within a definite time-frame. You negotiate the scope of work, sign the contract and we get it done.
This approach is basically a variation of the T&M model. By going DDT, you are 100 percent free to manage your remote employees directly, monitor the development process, hold meetings on a regular basis, prioritize tasks on the scope etc.
This model can include multiple models to meet your needs. It depends on several factors, and the size of a software project is surely not one of them. The hybrid model gives you the same capabilities optimized based on talent and cost with just a single point of contact.
LeadSoft - A reliable Partner KIMIK has with great satisfaction been working with LeadSoft since 2006. LeadSoft is always delivering honest, rock-solid work of good quality. Even though the cultural differences between Danish/western culture and Indian/Bengal culture are significant – it is our experience that LeadSoft actually meets us more than halfway. LeadSoft is very service minded and has an agreement culture close to ours. A word is a word, and LeadSoft always contributes the utmost effort to support our business. LeadSoft has my complete trust and we rely on their deliverance.