IIoT, SCADA & Edge Connectivity worked example

Remote Monitoring Savings at 54% share of avoided visits confirmed truly avoidable: a worked example

Suppose share of avoided visits confirmed truly avoidable falls to 54%. This page works the full calculation at that level so you can see exactly which result moves and by how much. Estimate annual remote monitoring savings on field service from the count of site visits avoided, average loaded cost per visit (travel plus labor plus downtime), the share confirmed avoidable through remote troubleshooting, and a fixed remote monitoring platform cost.

The inputs for this scenario

  • Site visits avoided per year: 180 visits / yr (held at the documented default)
  • Loaded cost per site visit: 1,400 $ / visit (held at the documented default)
  • Share of avoided visits confirmed truly avoidable: 54 % (the input this scenario stresses; the baseline uses 75)
  • Fixed remote monitoring platform cost: 32,000 $ / yr (held at the documented default)

Working through the calculation

  • The calculation starts from the formula this tool documents: Variable remote monitoring savings = visits avoided × loaded cost per visit × share confirmed avoidable.
  • Total remote monitoring value works out to 168,080 $ at these inputs, and this is the headline figure for the scenario.
  • Saving per avoided visit works out to 934 $ / piece at these inputs.
  • Variable remote monitoring savings works out to 136,080 $ at these inputs.
  • Fixed remote monitoring platform cost works out to 32,000 $ at these inputs.

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 23.95% below the baseline at 168,080 $.
  • 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. When the numbers land here, the stressed input is the lever to work; the walkthrough above shows exactly how much each output recovers as it climbs back toward the baseline.

Results at a glance

  • Total remote monitoring value: 168,080 $ (headline result)
  • Saving per avoided visit: 934 $ / piece
  • Variable remote monitoring savings: 136,080 $
  • Fixed remote monitoring platform cost: 32,000 $

Run it with your numbers

  • To rerun this with your own numbers, open the live Remote Monitoring Savings calculator, set share of avoided visits confirmed truly avoidable to your actual value, and adjust the remaining inputs to match your operation.

Last reviewed 2026-05-12.