IIoT, SCADA & Edge Connectivity worked example

Remote Monitoring Savings at 86% share of avoided visits confirmed truly avoidable: a worked example

Push share of avoided visits confirmed truly avoidable up to 86% and the picture changes. This example computes every intermediate figure at that operating point. Use it when an OEM service lead or after-sales manager is sizing the value of a remote monitoring platform for installed equipment in the field.

The inputs for this scenario

  • Site visits avoided per year: 180 visits / yr (unchanged)
  • Loaded cost per site visit: 1,400 $ / visit (unchanged)
  • Share of avoided visits confirmed truly avoidable: 86 % (raised for this scenario; the documented default is 75)
  • Fixed remote monitoring platform cost: 32,000 $ / yr (unchanged)

Working through the calculation

  • Applying the documented formula (Variable remote monitoring savings = visits avoided × loaded cost per visit × share confirmed avoidable) to the inputs above produces each figure below.
  • At this operating point the engine returns 248,720 $ for total remote monitoring value, the number this scenario is built around.
  • At this operating point the engine returns 1,382 $ / piece for saving per avoided visit.
  • At this operating point the engine returns 216,720 $ for variable remote monitoring savings.
  • At this operating point the engine returns 32,000 $ for fixed remote monitoring platform cost.

How this compares with the baseline

  • Against the tool's baseline example, where share of avoided visits confirmed truly avoidable sits at 75% and the headline result is 221,000 $, this scenario comes in 12.54% above the baseline at 248,720 $.
  • It computes the variable savings from confirmed-avoidable site visits and the total/net value once the fixed platform cost is accounted for, plus the effective saving per avoided visit. The value of this scenario is the size of the gap it exposes: that gap, priced out over a year, is the budget you can justify spending to close it.

Results at a glance

  • Total remote monitoring value: 248,720 $ (headline result)
  • Saving per avoided visit: 1,382 $ / piece
  • Variable remote monitoring savings: 216,720 $
  • Fixed remote monitoring platform cost: 32,000 $

Run it with your numbers

  • Every input above is editable in the live Remote Monitoring Savings calculator, which recalculates instantly and can be shared with the inputs intact.

Last reviewed 2026-05-12.