In Ning's layman terms;
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.
What’s the difference?
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
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.
FAQs
• 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.
What is Tier 1, tier 2, and tier 3 in education? ›
For this reason, school-specific terms for these levels of support were developed: Tier 1 = Universal or core instruction. Tier 2 = Targeted or strategic instruction/intervention. Tier 3 = Intensive instruction/intervention.
What is Tier 1 tier 2 Tier 3 credit? ›
A typical Tier 2 range would be from about 660 up to that lender's Tier 1 level. And Tier 3 generally starts in the low 600s. The Tier 1/2/3 designations don't extend into the “subprime” borrowers with scores below 600, but we'll talk more about those as well.
What are Tier 3 assessments? ›
In Tier 3, teachers monitor students' progress to determine how they are responding to intervention. With these data, teachers can determine the instructional needs of a student and the tier at which the student should receive this level of instruction.
What does tier 3 mean? ›
Tier 3 is individualized and intensive intervention designed to help students with severe and persistent academic, social, emotional, and/or behavioral needs, including students with disabilities. It is a data-driven process characterized by increased intensity and individualization of supports.
What is the meaning of Tier 1 and Tier 2? ›
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.
What does tier 3 mean in school? ›
At Tier 3, these students receive more intensive, individualized support to improve their behavioral and academic outcomes. Tier 3 strategies work for students with developmental disabilities, autism, emotional and behavioral disorders, and students with no diagnostic label at all.
How do you identify a Tier 2 student? ›
Systematic and Early Identification
Multiple strategies can be used to identify students for Tier 2 supports. Example identification tools can include office discipline referrals, screening instrument scores, teacher nominations, parent and support service recommendations, and formative assessments.
What are Tier 3 words in education? ›
Tier 3 words are highly specific for each content area, and are housed within a particular subject. Examples of Tier 3 words include: parabola, hypotenuse, simile, monarchy, osmosis, etc.
Can you lease a car with a 690 credit score? ›
Technically, there's no set minimum credit score to lease a car. Dealerships have their own underwriting minimums that vary from company to company. Even though there's no official minimum score, most vehicle leasing companies accept a score of 680 or higher.
Tier One – Considered exceptional credit, scores ranging from 800 – 850. Tier Two – Considered very good credit, scores ranging from 740 – 799. Tier Three – Considered good credit, scores ranging from 670 – 739. Tier Four – Considered fair/poor credit, scores ranging from 300 – 669.
Is Tier 1 or Tier 3 better? ›
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.
What are tier 3 behaviors examples? ›
Examples of Tier 3 behaviors:
- Chronic social or emotional issues.
- Significant learning challenges.
- Ongoing office referrals for discipline.
- Suspensions and other removals from the classroom.
- Dangerous or highly disruptive behaviors.
- Behaviors that result in social or physical isolation.
Identifying a student who will benefit from Tier 3 supports includes conducting a functional behavior assessment (FBA) to assess the cause(s) of behavior. The findings from the FBA allow for the creation of a behavior intervention plan (BIP), in which the student receives targeted, intensive support.
What are examples of Tier 3 interventions? ›
Here are several examples of Tier 3 interventions: – One-on-one Individualized instruction that addresses the specific needs of that student. – Intensive focused and targeted small-group sessions of 2-3 students.
What is Tier 1 vs Tier 2 vs Tier 3 vs Tier 4? ›
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 ...
What does Tier 2 and Tier 3 mean? ›
Tier 2 provides small-group targeted support and Tier 3 provides intensive individualized intervention.
What is Tier 1 Tier 2 Tier 3 and Tier 4? ›
Tier 1: 99.671% uptime; maximum downtime of 28.8 hours per year. Tier 2: 99.741% uptime; maximum downtime of 22.7 hours per year. Tier 3: 99.982% uptime; maximum downtime of 1.6 hours per year. Tier 4: 99.995% uptime; maximum downtime of 0.4 hours per year.
What is the difference between Tier 2 and Tier 3? ›
Compared to Tier 2, Tier 3 is more explicit, focuses on remediation of skills, is provided for a longer duration of time (both in overall length of intervention and regularly scheduled minutes of instructional time), and occurs in smaller groups (i.e., groups of 1–3 students; Haager et al., 2007; Harn, Kame'enui, & ...
