10x Reduction in Cost
Ultra Low Cost IoT Sensor
How to reduce unit cost 10x.
- Understand requirements – esp total cost of ownership.
- Design out cost with innovative technologies.
- Setup efficient supply chain.
Using infrastructure that already existed, the fuel delivery vehicles, allowed us to by-pass the cost of traditional cell modems, increase battery life, and simplify installation.
10x reduction in total cost of ownership. From $5.00 per month to less than $0.50 per month.
The Challenge
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How to reduce unit cost 10x.
The Process
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- Understand requirements – esp total cost of ownership.
- Design out cost with innovative technologies.
- Setup efficient supply chain.
The Solution
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Using infrastructure that already existed, the fuel delivery vehicles, allowed us to by-pass the cost of traditional cell modems, increase battery life, and simplify installation.
The Results
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10x reduction in total cost of ownership. From $5.00 per month to less than $0.50 per month.
