Home » Tompkins Robotics Announces RaaS Model With Global Robotics Services

Tompkins Robotics Announces RaaS Model With Global Robotics Services

Orlando, Florida-based Tompkins Robotics has partnered with Global Robotics Services, a GLP backed platform that provides financial backing for collaborative robots as a service solution.

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. 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. 

“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,” said Mike Futch, CEO of Tompkins Robotics.

RaaS also provides customers with the ability to scale up and down in response to changing market conditions or seasonal demand such as the holiday season, back to school and other seasonal events. 

“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,” said Hongming Chen, CEO of GRS.

“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 is focused on the robotic automation of distribution and fulfillment operations. Its 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 – any process in the supply chain. The systems maximize performance, making our clients more agile, adaptable, profitable and successful in a dynamic marketplace.

For any additional information, visit tompkinsrobotics.com.

Global Robotics Services is an innovative platform providing collaborative robotics as a service 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 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 glprobotics.com.

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