10x Reduction in Cost

Ultra Low Cost IoT Sensor

FinishLine Expertise

  • Ability to Lower COGS

Project Description

Our customer needed to reduce unit cost significantly in order to scale the business beyond the technology demonstration level.

Challenge icon
The Challenge

How to reduce unit cost 10x.

The process icon
The Process
  1. Understand requirements – esp total cost of ownership.
  2. Design out cost with innovative technologies.
  3. Setup efficient supply chain.
The solution icon
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
The Results

10x reduction in total cost of ownership.  From $5.00 per month to less than $0.50 per month.


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