One Year Enterprise Case Study, Project "Onsite Excellence" Surpasses ROI Expectations
Rhea-AI Summary
Tekumo (TKMO) has successfully completed Project 'Onsite Excellence', a transformative initiative with a Fortune 1000 Global IT Services partner that generated over $2.5 million in savings over 12 months. The project, focused on identifying and eliminating onsite inefficiencies, impacted over 29,000 work orders.
The company implemented more than 50 system and process changes throughout the project, addressing challenges such as Time To Task issues, missed SLAs, and unidentified onsite delays. These improvements are expected to continue generating savings for the duration of the contract.
Positive
- Generated $2.5M in direct cost savings over 12 months
- Successfully implemented 50+ system/process improvements
- Demonstrated scalable bottom-line impact for Fortune 1000 client
- Established ongoing cost savings for the contract duration
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TKMO declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Driving Growth and Results: Transformative Success in Just 12 Months
COLORADO SPRINGS, CO AND NEW YORK, NY / ACCESS Newswire / April 1, 2025 / Tekumo, Inc. (TKMO or the "Company") a leading provider of innovative solutions for On-Demand field service delivery is proud to announce the successful completion of Project "Onsite Excellence", a founding corporate hypothesis that has delivered exceptional results for our Fortune 1000 Global IT Services partner.
The project aimed to identify and immediately address onsite inefficiencies. Through innovative strategies, continuous improvements and adaptation of our leading-edge platform and solutions, and a dedicated team effort, Tekumo was able to pinpoint and eliminate down to the minute delays resulting in over
Key Highlights of the Case Study:
Challenge: Time To Task issues, missed SLA's, Unidentified onsite delays
Solution: Implement Tekumo's Project Onsite Excellence
Results: During the 12 month study, over 29,000 work orders directly impacted resulting in over
$2,500,000.00 in direct savings
Graham King, Tekumo's Chief Experience Officer, stated, "Tekumo has implemented over 50 system/process changes since we began working Project Onsite Excellence. Every change made, has been focused on and resulted in quality, efficiency and cost benefits."
"This success is a testament to our team's focus, expertise, and dedication," said Chief Revenue Officer, Derrick Youngblood. "We are thrilled to have identified meaningful, quantifiable, and scalable bottom-line impacts with the internal company mindset that we are just getting started."
About Tekumo
Tekumo offers an Onsite field services delivery platform that solves the "last-mile" of installing, monitoring, and maintaining technology systems and smart connected devices.
We play at the intersection of several major trends: the "Uber-ization" of product and service delivery, the explosion of smart connected devices brought about by the "Industrial Internet of Things" (IIoT), the push of "Data-to-the Edge" and the AI revolution. Our Service Delivery platform is designed to intelligently automate the installation and maintenance of products by coordinating On-Demand local technician resources and service management with complete data visibility of service events.
Tekumo caters for a broad range of technologies from POS systems, kiosks, digital menu boards, print services, cameras, cabling, Wi-Fi and networking, as well as smart homes devices, wearable sensors, and access control.
Our platform results in "less people, less time and less cost" for our customers.
Tekumo, Inc (OTC: TKMO) is an alternative reporting publicly held company that wholly-owns Tekumo LLC.
Safe Harbor:
When we discuss our strategy, plans, future financial and operating performance, or other things that have not yet taken place, we are making statements considered to be forward-looking statements under United States (US) securities laws.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the Company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the Company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the Company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The Company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Colorado Springs
Graham King, CXO
719-793-4500
SOURCE: Tekumo, Inc.
View the original press release on ACCESS Newswire
FAQ
How much cost savings did Tekumo's Project Onsite Excellence generate in 2025?
How many work orders were impacted by TKMO's Onsite Excellence project?
What operational challenges did Tekumo's Onsite Excellence project address?
How many system and process changes did TKMO implement during Project Onsite Excellence?
