OUTSOURCING MODELS

Offshore Joint Venture

Two organizations enter into a formal business relation where both parties get benefited from the relationship since the expenses, resources, and workload were all shared with the joint venture partner organization.

Application

In Joint venture model 2 companies partner to work together on projects and share the percentage of revenue. The companies enter into a formal agreement with clearly outlining the terms and conditions for the working together. Participating companies share ownership of the venture and responsibility for its operations. The JV model helps the companies to attain their organizational goals since JV offers benefits for the partners in reduced expenses, resources with expertise in their fields and proven knowledge for the processes.

Approach

Elixir as JV partner offers proven methodologies and processes, focus on cutting edge tools and technologies, and low cost of development.

Benefits

Joint venture model offers value as resources, expenses, and workload are all shared.