What is turnkey meaning?

Turnkey meaning refers to a product or service that is fully functional and ready to use immediately after installation or delivery. It is a system that is designed, built, and tested before delivery to the end user. Turnkey solutions are popular in the construction and software industries where customers do not have the time or expertise to design, manage, or implement complex technical projects. Turnkey solutions are usually deployed using a project management approach that guarantees delivery within a predetermined time, budget, and quality standards. Turnkey solutions can include hardware, software, and services such as installation, training, and maintenance.