Which types of firms are most suited to using turnkey systems contracts for their information system development?
In turnkey contracts, all the processes required to complete a project are assigned to a particular organization. That organization would be responsible to design and execute the project.
The turnkey approach is suitable for the firms that are capable to outsource the entire services of a project. Companies like business process outsourcing and knowledge process outsourcing utilize this contract. Besides this, some construction firms use this contract to offer both designing and manufacturing facilities to their customers.