As the IoT landscape expands, so does the need for more sustainable and cost-efficient solutions. This white paper sheds light on how Organic Photovoltaic (OPV) technology can drastically reduce the long-term costs associated with battery-powered sensors in large-scale deployments.
Executive Summary
The deployment of Internet of Things (IoT) solutions has revolutionized industries by providing real-time data and has increased automation and improved decision-making processes. However, IoT deployments often include thousands of battery-powered sensors that require periodic replacement, raising concerns about the Total Cost of Ownership (TCO) over the long term. This White Paper, “Total Cost of Ownership of Organic Photovoltaic (OPV) versus Battery-powered Sensors”, delves into the critical issue of TCO for companies that rely on IoT solutions with battery-powered sensors. While these sensors offer flexibility and cost-effectiveness in the short term, their maintenance and battery-replacement costs can accumulate significantly over time. Sensors based on Energy Harvesting will reduce the TCO for enterprises using these technologies significantly.
Key Findings
- Comparing Sensor Solutions: We provide a comparison between battery-powered and Organic PV-powered IoT sensors on a number of critical factors. These are power source, TCO, environmental impact, reliability, scalability, and application flexibility.
- Implications for TCO: Manual labor costs associated with maintaining batteries is significant; the TCO over 10 years can be reduced by more than 40% over a 10-year period.
- TCO Calculation Methodology: We present a TCO calculation model based on domain experts from the IoT business. A TCO calculator will be available on our website showing the assumptions. The case is based on CAPEX and OPEX, not SaaS.
- Real-World Case Study: We provide a detailed case study of an actual IoT sensor deployment by a large corporate global enterprise with 25 locations worldwide. The name of this enterprise will remain confidential.
Download the white paper to discover how switching to OPV-powered sensors can help your organization lower costs, reduce maintenance, and embrace sustainable innovation.
