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Balincan USA Inc (OTCMKTS:BCNN) Stock On Radar After Strategic Partnership

Ian Leigh , , , ,

Alternative reporting publicly held company Balincan USA Inc (OTCMKTS:BCNN) and Tekumo on May 17, 2023, announced a partnership with the largest third-party Managed Services provider to the Retail Industry. They support IT store technology in enterprise retailers.

Trading Data

On Wednesday, BCNN stock moved down 3.51% to $0.0055 with more than 552.75K shares, compared to volume of 964.96K shares. The stock moved within a range of $0.0050 – 0.0061 after opening trade at $0.0060.

Tekumo Announces Strategic Partnership With Leading It Managed Services Provider

The client required reducing the overall aggregate organizational cost for delivering OnDemand service work orders. It presently utilizes a mix of internal and offshore staffing for providing services but needed to digitize its in-house processes. Tekumo’s Service Delivery Platform has been adopted as an important part of the Enterprise Services offering and gives best-of-breed OnDemand field services workflow management. This enables the client to leverage intelligent automation for simplifying complexity and lowering costs.

Strings Kozisek, CEO of Tekumo expressed excitement in announcing the co-innovation and collaborative partnership. The CEO added that on Tekumo’s integration with existing client service management systems, there would be access to OnDemand dynamic workforce solutions in North America. Kozesek added that this will ensure maintaining a pole position in the current business environment.

Tekumo was shortlisted based on a 12-month process, which included an extensive pilot of the Tekumo Platform. Its platform measures the core matrix of Key Performance Indicators, creating true sustainable bottom-line changes.

Graham King, COO said that the Tekumo platform is an insourced client solution displacing a number of current internal manual processes and reducing the number of individuals. The platform will augment the speed of work order service resolution with reduced efforts.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.