Every industry has a ‘classification’ or a ‘rating’ system. Sometimes these labels are official; other times they’re just unofficial ways to describe a company’s size and abilities. For example, small companies often call themselves ‘boutique’, while larger ones make their ‘significant’ size known. While these general labels are helpful, the IT and Telecommunication industry has a very specific rating system. ICT firms are classified as ‘tier 1’, ‘tier 2’, or ‘tier 3’, and since that doesn’t really give much information away, I thought I will explain what those terms mean.
The tier system isn’t a difficult one to wrap your head around – it’s actually quite logical. Basically, the telecom companies are rated according to their capacity to take certain projects. The size, resources, experience, and of course, money a company has determined the kind of projects they are able to take on, and therefore what ‘tier’ group they fall in to. In layman’s terms, tier 1 companies are the big guns, and the tier 3 ones are the more modest firms. Over time, companies can move up the tiers if they fit the criteria.
Now, let’s explore the different tiers a little more.
Tier 1 firms are the largest, wealthiest, and most experienced in the industry. This tier is so exclusive, in fact, that there are only a few main telco players! Here’s the breakdown:
These companies take on major commercial projects such as motorways, railways, hospitals, universities, office towers, shopping centers and the like. They have the expertise, resources, and finances to take on such large-scale projects. Tier one contracts are usually in the hundreds of millions and even billions price range.
Tier 2
Mid-tier companies are still key players in the ICT industry. As the name suggests, they are somewhere in between tier 1 and 3. As a general rule, tier 2 companies are more likely to take on commercial (rather than residential) projects. NCS, Citic is a tier 2 company (Singtel is both tier 1 and 2, Ask Ning Why), education, heritage, retail, and industrial projects. Sometimes the lines can be blurred for a company between tier 1 and 2. But they can be tier 1 with tier 2 salary.
Tier 3
Now that you know a little bit about the tier ratings, you can probably guess that tier 3 companies take on the smaller projects. There are a lot more of them around, and they have plenty of work to keep them busy. Tier 3 firms usually take on projects around the million-dollar range to 15,000 USD; sometimes a little more, sometimes a little less. The types of projects they take on are:
Sizeable residential jobs, including smaller enterprise network installation and stores.
Small-scale commercial work, such as building or petrol stations, supermarkets, offices, and places like McDonald's.
These companies are essential to the industry, and they build up their portfolio with this type of work. They then have the opportunity to start moving up the tier ladder.
• Tier 1 – Partners that you directly conduct business with. • Tier 2 – Where your Tier 1 suppliers get their materials. • Tier 3 – One step further removed from a final product
final product
In production, a final product or finished product is a product that is ready for sale, distinguishable from a business's work in progress, which is not yet complete or ready for sale. For example, oil is the final product of an oil company.
Tier 1 Suppliers: These are direct suppliers of the final product. Tier 2 suppliers: These are suppliers or subcontractors for your tier 1 suppliers. Tier 3 suppliers: These are suppliers or subcontractors for your tier 2 suppliers.
Tier 3 suppliers are the source necessary for the tier 2 supplier to deliver the desired product to the tier 1 supplier. For instance, the t-shirt company that makes cotton-made clothing needs cotton. Therefore, the tier 3 supplier would be a cotton farm.
In a modern supply chain like the ones used in the automotive industry, suppliers are organized in sequential levels called tiers. The car manufacturer (OEM) relies on module and system suppliers (tier 1), who in turn must rely on component manufacturers (tier 2), who themselves depend on parts suppliers (tier 3).
Tier 2 schools include: USC, Washington University in St Louis, Tufts, Tulane, NYU, Boston University, UNC Chapel Hill, University of Michigan Ann Arbor, Notre Dame, Emory, University of Virginia, Wake Forest, UT Austin College of Natural Sciences, Boston College, Georgia Tech, William and Mary, UCLA, UC Berkeley, ...
In layman's terms, tier 1 companies are the big guns, and the tier 3 ones are the more modest firms. Over time, companies can move up the tiers if they fit the criteria. Now, let's explore the different tiers a little more. Tier 1 firms are the largest, wealthiest, and most experienced in the industry.
Students who make minimal progress in Tier 2 instruction need additional intensive support to learn to read. Tier 3 intervention provides a high level of intensity, time, and support for children who fail to respond to Tier 1 and 2 instruction and for those eligible for special education and related services.
In a three-tiered model, a special education teacher provides the intervention, which is guided by data, individualized, and recursive. In this context, recursive refers to a “test-teach-test-teach” process through which an instructor uses student performance data to fine-tune his or her instruction.
A Tier 3 account is the best place to be 😉. It allows you daily transactions of N1,000,000 (you guessed it, that's both inflow and outflow) and the account can hold a total of N1,000,000,000. Don't worry, you counted the zeros well. Yep, that's 1 billion.
Under the design classification, a facility's potential infrastructure performance or uptime is evaluated based upon four levels of performance, referred to as Tier 1 – Basic Capacity | Tier 2 – Redundant Capacity | Tier 3 – Concurrently Maintainable | and Tier 4 – Fault Tolerant, with each higher tier incorporating ...
A two-tier DB architecture is comparatively much easier to maintain as well as build. A three-tier DB architecture is comparatively much complex to maintain as well as build. It runs at a comparatively slower pace. It runs and works at a comparatively faster pace.
Tier 3 suppliers play a crucial role in the supply chain, providing essential components to produce automotive parts. Some examples of Tier 3 suppliers include Faurecia, Stanley Black & Decker, LISI Automotive, Yazaki corporation TE connectivity, Cooper Standard, Saint-Gobain, Henkel AG & Co.
Tier 3 campaigns are dealer-level ads that promote the dealership without including other competing dealers who represent and sell the same brand as you. These ads focus on bringing car-buying leads to only your dealer location.
This is the most intense level of RTI. Tier 3 can mean small group work, or it can mean individual lessons. Most kids who get this support still spend a lot of their day in a general education classroom. Yet they may spend bigger parts of the day in a resource room.
Tier 1 and tier 2 capital are two types of assets held by banks. Tier 1 capital is a bank's core capital, which it uses to function on a daily basis.Tier 2 capital is a bank's supplementary capital, which is held in reserve. Banks must hold certain percentages of different types of capital on hand.
• Tier 1 – Partners that you directly conduct business with. • Tier 2 – Where your Tier 1 suppliers get their materials. • Tier 3 – One step further removed from a final product and typically work in raw materials.
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Introduction: My name is Maia Crooks Jr, I am a homely, joyous, shiny, successful, hilarious, thoughtful, joyous person who loves writing and wants to share my knowledge and understanding with you.
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