Tompkins Robotics Announces RaaS Model through Its Partnership with Global Robotics Services
The Tompkins Robotics - GRS RaaS solution provides customers with the ability to pay for what they consume including equipment, installation, commissioning, and support costs, all of which are included in the service level agreement (SLA). This innovative model gives customers the flexibility of a subscription-based pricing and service option instead of traditional capital equipment purchase and support model. This conserves capital, converts investment to an operating cost, and allows a customer to "pay as they go" for the use of the system.
Orlando, FL March 28, 2022 - Tompkins Robotics, a global leader in the robotic automation of distribution and fulfillment operations, has partnered with Global Robotics Services (GRS), a GLP backed platform that provides financial backing for collaborative robots as a service (RaaS) solutions.
The Tompkins Robotics - GRS RaaS solution provides customers with the ability to pay for what they consume including equipment, installation, commissioning, and support costs, all of which are included in the service level agreement (SLA). This innovative model gives customers the flexibility of a subscription-based pricing and service option instead of traditional capital equipment purchase and support model. This conserves capital, converts investment to an operating cost, and allows a customer to "pay as they go" for the use of the system.
RaaS also provides customers with the ability to scale up and down rapidly and easily in response to changing market conditions or seasonal demand such as the Holiday season, Back to School, January returns, and other seasonal events.
Tompkins Robotics and their tSort robotic solution have developed a reputation for execution of projects, rapid deployment, scalable layout design, understanding of US building codes, and knowledge of logistics operations. GRS brings the financial strength and resources of a global logistics real estate investor, developer, and operator. Together, Tompkins Robotics and GRS will bring new opportunities for US companies easy entry into automation and robotics.
Mike Futch, CEO of Tompkins Robotics, said, "The asset services support from our partnership with GRS will position Tompkins Robotics to implement a RaaS deployment for customers that prefer this model versus our existing capital procurement business model. In addition, our solutions have always had a reputation for being flexible, now we have the opportunity to allow financial flexibility as well."
Hongming Chen, CEO of GRS, added, "Our vision is to accelerate the adoption of automation while lowering the barrier to entry for businesses when it comes to robotics technology. The subscription-based model of RaaS creates lower upfront capital requirements, reduced fixed costs and flexible lease terms which helps bridge the automation gap for many small to mid-size enterprises. A full package of services including consulting, implementation, maintenance, systems and robotics upgrading can all be provided as part of this service. With both parties expertise and resources, we look forward to expanding our cooperation with Tompkins in greater depth and breadth to provide a more holistic solution to our customers."
Tompkins Robotics will have our tSort solution at the MODEX Booth B7240 from March 28-31. Register for MODEX for free and come see how Tompkins Robotics and GRS can help your company reach your goals!
About Tompkins Robotics: Tompkins Robotics is a global leader focused on the robotic automation of distribution and fulfillment operations. Our primary system, tSort, consists of autonomous mobile robots that sort a wide range of items and parcels to consolidation points for order fulfillment, store replenishment, returns, parcel distribution - virtually any process in the supply chain. Our systems maximize performance, making our clients more agile, adaptable, profitable, and successful in todays dynamic marketplace. For any additional information, please email us at info@tompkinsrobotics.com or see us at https://tompkinsrobotics.com/
About GRS:
GRS (Global Robotics Services) is an innovative platform providing collaborative robotics as a service (RaaS) solutions, a low-risk deployment model which enables companies to acquire robotics capabilities without a heavy up-front investment. GRS has successfully worked with clients across Asia and North America to implement RaaS solutions to bridge the automation gap and enhance cost savings and efficiency. GRS is backed by GLP, a leading global investment manager and business builder in logistics, data infrastructure, renewable energy and related technologies with $120 billion in total assets under management and 97 offices in 17 countries. Learn more at https://www.glprobotics.com/