Simplifying RTLS System Cost Evaluation

In the world of Real-Time Location Systems (RTLS), calculating the Total Cost of Ownership (TCO) can be a confusing task. However, with Noccela’s approach, understanding and evaluating the TCO of an RTLS system is remarkably straightforward and efficient.

Breaking Down the Formula

The TCO of an RTLS system is determined by three key components: hardware cost, installation cost, and license fee. Let’s delve into each component to grasp the simplicity Noccela brings to the equation.

Hardware Cost

The hardware cost includes anchor antennas and tracking tags. Anchors are vital for accurate tracking, and their cost is based on the number required. Here’s where Noccela’s innovation shines: the number of anchors is influenced by the location algorithm’s performance. Better performance means fewer anchors are needed, ultimately reducing hardware costs.

Installation Cost

Installing anchors is a significant aspect of RTLS implementation. The installation cost is directly linked to the number of anchors needed. It encompasses both labor and material costs. Noccela’s efficiency translates into lower installation costs due to the reduced number of anchors required.

License Fee

The cost extends to the software and data side of services. While a license fee is a standard element, it is flexible in the form of one-off and continuous costs.

Noccela’s Game-Changing Model

Noccela’s revolutionary per sqm pricing model redefines the way RTLS TCO is approached. Instead of fixating on the number of anchors, Noccela invites partners to inquire about the TCO. This shift empowers decision-makers to focus on the crucial aspect: performance. Noccela’s superior location algorithm guarantees exceptional results, rendering the number of anchors an afterthought.