ALSO CALLED: Selecting Vendors and Companies DEFINITION: A tier 1 vendor is one of the largest and most well known in its field -- often enjoying national or international recognition and acceptance. Vendors may be both manufacturers and value-added resellers (VARs). For example, Cisco Systems Inc. is regarded as a tier 1 vendor in storage area
… Definition continues below.
SOFTWARE DEMO:
Business intelligence (BI) gives you deep insight into your business whether you're only seeing pieces of the puzzle and need the "big picture" or if your complex infrastructure makes it impossible to produce comparable information between source.
VENDOR SELECTION DEFINITION (continued): … A tier 1 vendor is one of the largest and most well known in its field -- often enjoying national or international recognition and acceptance. Vendors may be both manufacturers and value-added resellers (VARs). For example, Cisco Systems Inc. is regarded as a tier 1 vendor in storage area network switching equipment and related technical certifications. Tier 1 vendors may also be a "preferred" vendor that provides products and services to you at appealing prices or other favorable terms.
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