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your per ticket rate to estimate your savings potential. The number is likely very large and attractive to consider.
3. Invest in damage prevention: With the costs of damages rising and the implications of major line strikes growing, particularly with major assets like transport fibers, ring fibers, and heads ends, it’s time to start taking this seriously. As you see what’s possible with basic math problems in
the first and second areas mentioned above, take some of those monies saved and allocate them to damage prevention. Whether that means hiring staff to screen tickets in a more dynamic way, oversee your third parties and the outcomes they are delivering for you, or creating your own locating or damage investigation teams, you’ll be amazed at the progress you can make in ensuring a better customer
experience while protecting your reputation and saving money. The ROI on these investments has proven to be incredibly successful with some of KorTerra’s largest telecommunications clients with organizations regularly saving anywhere from tens of thousands to tens of millions depending on their size and scale.
Recap
The telecommunications industry is faced with a great opportunity and great challenge in the future. With the incredible investment that is occurring across the sector, now is the time to assess “Are we really doing damage prevention correctly, and what are the implications if we don’t?” Whether it be the rising costs of locating, the increasing ticket volumes, the rapid acceleration of project tickets, the increasing costs of damages, competitive pressures, customer expectations, and regulatory scrutiny, one thing is clear: there are a myriad of reasons to begin getting serious about damage prevention at your organization. At KorTerra, we are always happy to talk with you about your approaches and provide guidance on how some of your peers have achieved outcomes that are likely worth your consideration. Reach
out to our teams to learn more, as we’d be interested in consulting with you and your firm on these topics.
About KorTerra, Inc.
KorTerra is the leading provider of damage prevention software, protecting billions of dollars in underground infrastructure. For over 30 years, the leading stakeholders in gas distribution, pipeline operation, telecommunications, electric distribution, contract locating, and city, county, and state governments have trusted KorTerra as their damage prevention solution. KorTerra helps mitigate risk and ensure the safety of field personnel by providing secure
software platforms for processing 811 locate tickets, tracking and reporting asset damages, meeting regulatory compliance, and more.
Explore additional solutions at korterra.com and follow KorTerra on LinkedIn.
Media Contact:
Paige Nygaard KorTerra, Inc.
952.368.1911 marketing@korterra.com
2024, Issue 2
Mississippi 811 • 9