Turnkey Deployment / Turnkey Solution
A turnkey solution is a type of system built end-to-end for a customer that can be easily implemented into a current business process. It is immediately ready to use upon implementation and is designed to fulfill a certain process such as manufacturing (in part or whole), billing, website design, training, or content management. A turnkey solution system is different than a custom-built or designed system. When a company or business isn’t looking for multiple bells and whistles, a turnkey solution may be an affordable and simple option.
KEY TAKEAWAYS
- Turnkey is a word that can be used to describe a solution, a business, or a property.
- A turnkey solution is the of a custom-built solution.
- Turnkey solutions are created to be implemented into a current business process without disruption.
- Turnkey solutions can save a company time and money when implemented with success.
Example of a Turnkey Solution
A company looking to implement an online billing feature on its website can use third-party providers to process each transaction and handle all the technical issues surrounding this process. The use of a turnkey solution, in this case, allows the company to avoid the headaches of programming the tool in-house and the approvals associated with developing a billing system from scratch.
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