Use this tool to calculate the Return on Investment of Thinxtra’s Massive IoT asset tracking solutions.
Note: This calculator assumes an average lifespan of 5 years for the asset.
Select a currency
What is your business type?
How many assets do you want to track?
What is the average cost per asset?
What % of your assets do you lose each year? (10-40% is a typical range)
How many hours are spent searching for assets per employee per week? (5-20 hrs is a typical range)?
This includes searching for lost assets, performing stocktaking activities, chasing customers to return assets, resolving customer disputes regarding asset returns
What is your employee pay rate per hour (or assume AUD 37, NZD 35, HKD 150)
How many employees search for your assets each week?
What's your average asset utilisation rate? (45-60% is a typical range)?
What's your average asset utilisation rate?
For example, a 30% asset utilisation rate means your assets are not being used 30% of the time.
ROI over 5 years
Congratulations on exploring the potential of asset tracking for your business!
We’d recommend a more in-depth assessment to determine your ROI. Our calculator provides a general overview, but we believe your business could be on the path to achieving a positive return on investment with our asset tracking solutions.
Book a personalised discovery session to explore how Thinxtra’s asset tracking solution can create additional revenue from the insights of untapped data. By understanding your specific use case, we can align the right solution to your business and maximise ROI.
Disclaimer: The return on investment calculator (“ROI Calculator”) is provided for your information only to provide an estimate on your ROI of using Thinxtra’s Massive IoT asset tracking solutions and is not a quote. Thinxtra has not verified the results or certified the ROI Calculator for accuracy or its suitability for your purposes. All reasonable care has been taken in preparing and designing the ROI Calculator; however, Thinxtra provides no warranties and makes no representations that the information provided is appropriate for your particular circumstances or indicates you should follow a particular course of action. The results should not be taken as a substitute for professional advice.
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