IT projects are undertaken to provide cost savings, higher productivity, or increased revenue opportunities. However, these projects need some investment towards development costs. Also, with any strategic initiative, there are associated risks. We are confident in our ability to deliver measurable business benefits, while the client may still like to 'feel' the benefits. In many such cases, we offer to link our project fees with the actual business benefit our clients realize.
Revenue & Risk Share model is popular amongst emerging businesses or technology companies. MindGrid can invest and share the development costs in return for jointly owning the Intellectual Property (IP) and sharing revenue streams, and thus share the risks involved in developing and marketing a product along with our customers.