Our customer needed to reduce unit cost significantly in order to scale the business beyond the technology demonstration level.
10x Reduction in Cost
Ultra Low Cost IoT Sensor
FinishLine Expertise
- Ability to Lower COGS
Project Description
![Challenge icon](https://finishlinepds.wpengine.com/wp-content/uploads/2023/05/Layer_4-53.png)
The Challenge
How to reduce unit cost 10x.
![The process icon](https://finishlinepds.wpengine.com/wp-content/uploads/2023/05/head_green-53.png)
The Process
- Understand requirements – esp total cost of ownership.
- Design out cost with innovative technologies.
- Setup efficient supply chain.
![The solution icon](https://finishlinepds.wpengine.com/wp-content/uploads/2023/05/bulb_green-39.png)
The Solution
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.
![Results icon](https://finishlinepds.wpengine.com/wp-content/uploads/2023/05/arrow_green-49.png)
The Results
10x reduction in total cost of ownership. From $5.00 per month to less than $0.50 per month.
CURIOUS HOW WE COULD HELP YOUR TEAM?
Book a free one-hour evaluation session.
We promise you will learn a lot, even if you do not end up hiring us.