- Field Services Delivery Platform Solves the “Last-Mile” of Installing, Monitoring and Maintaining Technology Systems and Smart Connected Devices.
- Addressing “Uber-ization” of Product & Service Delivery, and AI Driven Smart Connected Services Brought About by the “Industrial Internet of Things” (IIoT).
- Covers POS Systems, Menu boards, Print Services, Cameras, Cabling, Wi-Fi and Networking, Plus Smart Home Devices, Wearable Sensors and Access Control.
- Serving Important Industries Including: OEM’s & MSP’s Retail, Information Technology, Smart Buildings/Homes, Aging/Assisted Living and Hospitality.
- Closed 2024 with Gross Revenue of $4.36 Million, a 62.1% Increase Year-Over-Year (YOY), and a 43.8% Increase Q4 over Q3.
- 2025 Projections More Than Double 2024 Performance.
- Developing Tekumo Software with Automated Workflows, Dynamic Cost Guardrails, AI Driven Process Improvements and Further Data Visualization.
- Launched Tekumo Managed Services Division Focused on Managed Support of OEMs and Enterprise Level Customers.
Tekumo Inc. (OTC: TKMO) offers a field services delivery platform that solves the “last mile” of installing, monitoring, and maintaining technology systems and smart connected devices. Distributed real-time data is at the core of all TKMO offerings.
TKMO plays at the intersection of two major trends: the “Uber-ization” of product and service delivery, and the explosion of AI driven smart connected devices brought about by the “Industrial Internet of Things” (IoT). The TKMO Service Delivery platform is designed to intelligently automate the installation and maintenance of products by offering On-Demand local technician resources, as well as providing a “smart interface” for the monitoring and management of connected devices.
This TKMO service platform 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.
The TKMO platform results in multiple benefits for its users as follows:
Save Money & Time: Less people and time to monitor and manage assets.
Improve Efficiency: Use a single interface to manage all service events and escalations.
Install, Monitor & Manage: All Connected Devices and Systems.
TKMO serves customers in all of these important industries: OEM’s & MSP’s Retail, Information Technology, Smart Buildings/Homes, Aging/Assisted Living and Hospitality.
2024 Review and Projections Ahead
On January 7th, TKMO issued a letter to shareholders covering the Company’s important developments in 2024 and high expectations for the year ahead. Topics included the following:
Financial Performance:TKMO closed 2024 with gross revenue of $4.36 million, a 62.1% increase Year-Over-Year (YOY), and a 43.8% increase Q4 over Q3. This momentum and the significant new customers added in the second half of the year, support 2025 projections that more than double 2024 performance.
Development:TKMO made substantial progress in the development of its Tekumo software including fully automated workflows, dynamic cost guardrails, powerful AI driven process improvements, and further data visualization. These tools will enable Tekumo’s Platform to become a fully self-managed solution, “Uberizing” the tech marketplace.
Diversification: TKMO commitment to field services innovation has led to the successful launch of Tekumo Managed Services. This division is focused on the managed support of OEMs and Enterprise level customers. TKMO operates as an extension of its delivery model in the industry’s first a` la carte support offering. The Company further drives flexibility and scalability of these organizations for both internal and external resources.
Innovation: TKMO continues to focus on transformation of its systems and technology, by leveraging AI to drive service efficiency, extending its reach into multiple industry verticals and monetizing all data flows.
Enhancing Customer Experience: TKMO continues to prioritize customer satisfaction by improving its products, interface, accessibility, and services. The Company launched a new division of Tekumo, under the direction of our Customer Experience Officer (CXO) Graham King. Graham will head our efforts in Client, Employee, and Technician experience, including UX/UI, Training, Onboarding, Support, and Advocacy.
Investing in Talent: TKMO added key resources in multiple verticals including, Derrick Youngblood (CRO), Wendi Greene (Director, Operations), Chad Parker (Director, Technical Solutions), and Tiffany McNeely (Service and Parts Delivery). These individuals collectively bring over 90+ years of knowledge and direct industry experience.
Systems and Technology:TKMO focus continues to be on efficiency, scalability, and profitability. Deploying new automation in its service management platform. Leaders in this market, including ServiceNow (Ticker NOW), offer robust platforms that greatly benefit from the granularity of the Data and process our systems and software provide.
Dramatically Expanding Market Reach: TKMO plans to enter multiple new verticals and strengthen its presence in existing ones. These verticals include impacting The Future of Work by integrating internal and external resources, heavily utilizing AI in service delivery, leveraging Data at the Edge, harnessing Remote Power Generation, expanding Industrial IoT, and advancing Wi-Fi and Connectivity.
Global Market and Key Verticals
The broader IT services market globally, which includes onsite technical services, was valued at approximately USD 1.16 trillion in 2023 and is expected to reach USD 2.25 trillion by 2032, growing at a compound annual growth rate (CAGR) of 7.6% Data: Claight Corporation
Decentralized edge data centers- The global market for decentralized edge data centers is experiencing rapid growth due to the increasing demand for low-latency data processing and the proliferation of IoT devices.
Its market size was USD 12.84 billion in 2024 and is expected to reach USD 45.57 billion by 2030, growing at a CAGR of 23.5%.
Data: Diligence Insights
These figures highlight the significant expansion and potential of the decentralized edge data center market, driven by advancements in 5G, AI, and the increasing need for real-time data processing, all of which must be installed and maintained through platforms like Tekumo.
Industrial IoT -The market for IIOT was valued at USD 394 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 23.2% to 2030, with expectations to reach approximately USD 3.3 trillion by 2030.
Data: Grand View Research
These figures highlight the substantial expansion and potential of the IIoT market, driven by advancements in technology and the increasing adoption of IoT solutions across various industries that all require installation, monitoring and maintenance.
Future of Wi-Fi – The global WiFi market is experiencing robust growth, driven by the increasing demand for seamless connectivity and the proliferation of smart devices.
The market size is expected to grow from USD 14.5 billion in 2023 to USD 39.4 billion by 2028, with a compound annual growth rate (CAGR) of 22.2% during this period.
Data: Markets And Markets
These figures highlight the significant expansion and potential of the WiFi market, driven by advancements in WiFi technology, such as WiFi 6, and the increasing adoption of connected devices in both residential and commercial settings that also require a service delivery platform to support installation and maintenance of such systems.
For more information on $TKMO visit: www.tekumo.com
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Media Contact
Company Name: Tekumo, Inc
Contact Person: Phillip Dignan, President & CFO
Email: Send Email
Phone: 719-419-6709
Address:555 Middle Creek Parkway Suite 100
City: Colorado Springs
State: Colorado
Country: United States
Website: https://www.tekumo.com/