Best fit IT pricing models with mutual benefits for service providers and customers

Information Technology (IT ) has shown rapid growth in the last two decades, opening up the need for a robust pricing model to meet changing expectations. Increasingly, customers are looking for benefits beyond cost savings and service improvements. This has led to the emergence of pricing models beyond traditional ones such as Time and Material and Fixed Price. This white paper discusses various pricing models with their characteristics, risk comparators, pros and cons and best fit customer engagement.