smartData follows two common approaches for engaging clients in project development: Fixed Cost or Time and Materials. However, we also recommend another, often overlooked method: the Full-Time Equivalent model (FTE).
What is an FTE model?
A Full-Time Equivalent (FTE) is a unit that indicates the total workload of a single team member across various contexts, often measuring a person’s involvement in a project. An FTE of 1.0 is equivalent to one full-time person, and an FTE of 0.5 equals half of a full workload.
It is common for FTEs to be available for commitments of half-time (80 hours/month) or full-time (160 hours/month). If a client needs additional FTEs, they can be provided with a mutual agreement and proper notice. Other team members, such as a frontend developer, UI/UX designer, tester, network support, or solution architect/consultant, could be available on an uncommitted basis and billed per hour.
Benefits of FTEs:
Consider investing in an FTE if you have:
When software projects require resource expansion, the FTE model minimises the risk. Especially when fluid and agile requirements are the way to go- having an extra pair of hands-on board for a defined timeline and price is a good option. The person will be under contract and client team direction like any of the client’s employees. At the end of the project, with proper notice of 30-45 days to smartData, you can reduce your team without the hassle and negative effect of laying off an employee.
It is a package delivery and tracking mobile app that enables customers to find a suitable courier/package delivery driver and delivery order fare calculation will be based on different delivery methods, trip distance from pickup to destination address, package dimensions, and weight. Push notifications are implemented to intimate customers about the delivery status of their packages.
It is a sports tipping application that allows users to create and join competitions and makes tips in matches. A competition consists of multiple rounds where the user will tip using add- ons like bonuses and each competition will have a leaderboard called a ladder which will change after each round based on the user score. It revolutionizes the standard [...]
The casino games are streamed live over the online web application. The website broadcasts live casino games using IP cameras and a media server. Users can come to the platform and play games as well as place bets. The IP cameras at the casino will be connected to the Wowza streaming server. The Baccarat game is played in real-time, including real-time [...]
The proposed solution aims to develop a Telehealth E-Commerce Platform that will enable patients to browse listed skincare products. Upon selecting a product and adding it to the cart, the system will prompt patients to register and complete combined questionnaire for intake and product related inputs e.g. few questions to collect their medical history, such as allergies, medications, and medical [...]
It is an informative website for a company providing IT services. Provides information for web designing, mobile application designing, SEO, digital marketing etc.
In this portal, we can constantly view the stocks going up and down. We can keep an eye if stocks last price, velocities, and triggers that are going up or down live using the Lex API.
