Our client knew that a tank monitoring system that cost 10% of existing systems on the market would open up a much bigger market opportunity.
Drive By IoT
Lower IoT Cost by Utilizing Installed Capital
FinishLine Expertise
- RF Electronics
- Communication Protocol
- Software
Project Description
The Challenge
How to sense the tank level in a residential fuel tank for less than $0.50 a month total cost of ownership.
The Process
- Brainstorm different concepts.
- Analyze concepts and select the best.
- Conduct proof-of-concept testing in the lab to confirm the analysis.
- Develop requirements for the product.
- Designed product to meet requirements.
- Build prototypes and perform testing to confirm the design meets requirements.
The Solution
Used delivery trucks that already existed, as RF gateways from the truck to the internet, as opposed to cell modems, simplified the system and lowered cost.
The Results
- $0.50 per month compared to $5 per month.
- Open up a much bigger market for the product.
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