How much does it cost?

Exploring the factors impacting cost of asset tracking

Well… “it depends”

This is probably the most common answer you’ve heard before. It’s not helpful when considering the implementation of an asset tracking solution. At Sensolus, our solution is available for as low as 1 EUR/asset/month, but yes, the cost does depend on various factors.

Before diving into these factors, here are two tips to help you!

Tip 1

Focus on TCO

Total Cost of Ownership (TCO) reflects the actual total cost of the solution over its lifetime.

Simply adding up the individual component costs (hardware, hosting, communication, etc.) won’t give you the true cost. For instance, if your tracker’s battery runs out after one year, your solution becomes very expensive per month.

For this reason, Sensolus is a typical 1-stop shop. We offer hardware, hosting, platform, application, integration and network communication in an all-in pricing (no hidden costs).

Tip 2

Use cost/asset/month

We offer hardware, software, and services to our customers, which can be billed in different ways.

At the start, we provide an accurate cost/asset/month (all-in pricing) aligned with your specific needs. This helps you quickly determine if tracking makes sense for you, saving you time.

We also support you in calculating the Return on Investment (ROI) specific to your case. An example report can be found here.

"We not only benefit from optimized processes, but the new solution also pays off financially rather quickly."
"The entire load is registered in the platform in one scan. This is a huge time-saver, it means efficiency gains of as much as 30 to 50 percent."
"The good fit with our use case and reasonable pricing ultimately won us over."
AssetPyramid

What impacts the cost?

Cost drivers for asset tracking:

We are experts

Since 2013, we have focused on creating value with IoT technology across various industries. We understand the TCO of asset tracking. Below is the general ballpark pricing for the three most common use cases:

Returnable transport packaging

< 1 up to 3 EUR/asset/month*

Containers

 2 up to 6
EUR/asset/month*

Specialized equipment

4 up to 7
EUR/asset/month*

*TCO prices can be quoted in EUR, USD and GBP.

Get the right price

We support you in getting the number right and eliminating the “it depends” for your specific use case.

300k trackers

in the field

ROI

between 24-36 months

+10 years

of fied expertise

Trends 2025

Download the whitepaper