CoDIPLOMA (Collaborative Development Initiative of Products for Local
CoDIPLOMA is a unique business model that provides
maximum value to the end user. It involves a sustained business relationship
with a selected organization from the market segment comprising the end
users of the software product.
The following example explains this business model:
An end-user feels the need for a software application that would help
them improve operational efficiency as well as reduce costs. They also
know there is considerable market potential for selling this to similar
companies who would benefit from such an application. Combining the end
user's domain knowledge and business focus with eComScience's technical
knowledge and experience, we work towards developing the optimal solution
to meet the company's business needs.
We follow our usual framework for product development - product definition,
requirement specification definition, architectural design, system level
design, software development, module integration and testing. We also
guarantee continuous improvements are effected into the application.
What makes our model so unique is that in return for the nominal development
and maintenance costs, royalty would be shared on the revenues earned
from further sales of the application.
This is just an illustration of how CoDIPLOMA works. The details are worked
out as per the requirements of the situation.
The integral process of the CoDIPLOMA business model can be outlined as
» Networking and Contact -Establishing contact with the partner.
Sharing of common views, opinions and determination of future business
» Business Model Generation -Formalizing the business relationship
and providing shape to the vision and mission in terms of strategic, tactical
and operational aspects.
» Product Line Practice Establishment -Involves the product
line software architecting, design, development and standardization in
terms of the contributions of either of the partners and the actual effort
» Go to Market -Marketing of the software product line/solution
and complementary services, user oriented selling and conceptualization
of the value proposition.
» Kaizen -Continuous improvements are effected into the software