What is a turnkey solution?

A turnkey solution is a type of system built end-to-end for a customer that can be easily implemented into a current business process. In a turnkey solution, a corporate buyer just has to “turn” a “key” to commence a business activity in the newly built structure.

What does turnkey solution include?

Definition of turnkey solutions: Turnkey solutions are ready-to-go solutions that are easily deployed in a business, effectively needing the end user to simply “turn the key” to get started.

What is meant by turnkey?

(Entry 1 of 2) : built, supplied, or installed complete and ready to operate a turnkey nuclear plant a turnkey computer system also : of or relating to a turnkey building or installation a turnkey contract turnkey vendors.

Does turnkey mean furnished?

What is a turnkey property? In some circumstances, the term turnkey is used to describe a newly renovated property that doesn’t even need a fresh coat of paint, while other times, the word can refer to a home that is fully furnished, too.

What is another word for turnkey?

In this page you can discover 13 synonyms, antonyms, idiomatic expressions, and related words for turnkey, like: turn-key, end-to-end, pre-integrated, jailer, prison-guard, warden, warder, bespoke, free, jailor and gaoler.

What is the difference between furnished and turnkey?

In some circumstances, the term turnkey is used to describe a newly renovated property that doesn’t even need a fresh coat of paint, while other times, the word can refer to a home that is fully furnished, too. These homes are designed for renters who want truly move-in-ready homes.

Why is it called turnkey?

The word is a reference to the fact that the customer, upon receiving the product, just needs to turn the ignition key to make it operational, or that the key just needs to be turned over to the customer.

What is turnkey project example?

Example: Many government-owned public housing projects are turnkey projects. A private developer undertakes all activities necessary to producing the project, including land purchases, permits, plans, and construction, and sells the project to the housing authority.

What is a turnkey model?

A turnkey business often already has a proven, successful business model and merely requires investment capital and labor. The term “turnkey” is based on the concept of only needing to turn the key to unlock the doors to begin operations.

What services does turnkey solutions provide?

A turnkey solution provider is a solution provider that offers limited consultation and one or more established product packages that allow only minimal configuration. In comparison, regular solution providers offer much more customized service. For example, a solution provider may learn about the client’s needs for a database server, and then help clients choose the best server configuration and database software to meet their workload and growth projections.

What are turn key solutions?

A turnkey solution is a type of system built end-to-end for a customer that can be easily implemented into a current business process. It is immediately ready to use upon implementation and is designed to fulfill a certain process such as manufacturing (in part or whole), billing, website design, training or content management.

What is turnkey system?

turnkey system. noun. Computers. a computer system purchased from hardware and software vendors, customized and put in working order by a firm that then sells the completed system to the client that ordered it.