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Writer's pictureSavio Navaratne

IoT is cheap or expensive? Matter of Value over Price!


Money cascading out of a container, possibly symbolising Ellenex's affordability, although we can't be certain.

In a world that worships discounts and slashes, it's time to put on your Sherlock Holmes hat and investigate why cheaper sensors may not be the best choice. Some solutions might make your wallet wince a little more than some of the others but fear not dear reader! There's a treasure trove of reasons why investing a tad more upfront is the way to go. So, before you accuse us of being the "sensor snobs," let's embark on an adventure through the industrial IoT and sensor galaxy, where quality, after-sales service, and more importantly just plain common-sense rule.

there are some solutions in the market, which are unnecessarily expensive. If you dig into them and search for the reason, the main reason is old technology, poor manufacturing capability, or inefficient system integration. Unfortunately, this is one of the common reasons for the high price (and most of the time low quality) of IoT solutions. If you put these types of solutions out of the selection basket, then the choice is the selection between the price and value.

We cannot speak on behalf of other IoT solutions providers, but we can express the value our solutions offer and provide more detailed information about our products. This will make the selection process easier for you. We have received mixed feedback such as "Wow, what a competitive price" and "Oh, why is it so expensive?" In most cases, the answer is: Are you using the right product for your application, or are you comparing apples to apples?

ellenex products are designed to serve industrial IoT applications in the harsh environment; when simple solutions are not meeting the demand.

Performance that outshines the competition

When we talk about performance, we’re talking about a solution that literally gets the job done and performs like a virtuoso on a grand piano. I don’t mean to boast or come across as overly confident, but it’s worth noting that our sensors are capable of things that many of our competitors’ sensors simply cannot achieve. Imagine having a sensor that delivers precise, consistent, and reliable data every single time you need it. That’s what you get with Ellenex.


Now, let's delve into the performance-price ratio. Picture this scenario: you've found a cheaper sensor, but it consistently provides erratic data. It's like trying to predict the weather with a Magic 8-Ball—it's fun, but it's hardly scientific. In contrast, our sensors offer a performance-price ratio that's off the charts.


Certainly, we position ourselves in the middle of the pricing spectrum, bridging the gap between affordable options and the exceptionally expensive ones. To draw a comparison, think of us as Mercedes in this scenario, when others representing other choices.

Why is this ratio crucial? Think of it as the secret sauce in your data-driven recipe. Cheaper IoT solutions might lure you in with their lower price tags, but they often deliver subpar results, which can lead to costly mistakes, missed opportunities, and a headache-inducing data clean-up process. Investing in a sensor that balances price with stellar performance ensures that you're not just collecting data; you're collecting actionable insights that can drive your success.


Quality that speaks for itself

At Ellenex quality isn't just a word; it's our middle name (figuratively speaking, of course). We are executing the latest technologies to embed in our sensors and the latest architectures for our software platform. We are using the best available components in the market and introduced unique manufacturing techniques to deliver the quality at scale.


Upon reflection, it seems as if we provide the luxury of a Bentley at the cost of a Mercedes, Warranty and looks like we might need to schedule a “serious talk” with our marketing department because it appears as if we’re on a one-way ticket to the Land of Lossville!


But why should you care about sensor luxury? Well, would you buy a knockoff watch that loses time faster than your teenage nephew loses interest in household chores? Probably not. Ellenex products are built to last longer than your average sitcom, with top-notch technology and quality control that could make competitors jealous. Cheaper alternatives might seem tempting, but when accuracy, reliability, and performance are on the line, why settle for less?


Our products are built to last, with cutting-edge technology and rigorous quality control measures. Moreover, our sensors are sleek, precise, and engineered to make your data collection experience a joyride. We invest in the latest research and development to stay ahead of the curve, ensuring that our sensors outperform the competition in every way. You’re not just buying a sensor; you’re investing in the peace of mind that comes with knowing your data is accurate and dependable.

Ellenex differentiators and things to consider

Before making a purchase, it’s advisable to engage in a thorough comparison. The table provided below highlights the key features to consider.

Important Features

Ellenex Products

Experience and capability

20+ years

End to end design capability

Yes

Product components quality

High

Device cost

Depends on the particular product

Ongoing cost

Depends on the particular product

Global supply

Yes

Battery operated

Yes

Product Warranty

Extendable up to 3 years

Product variations

High

Integrability to other solutions

Yes

Technology variation

Low Power Cellular (NB-IoT and Cat M1), LoRaWAN, Low Orbit Satellite, and Wireps

Ease of installation

Very easy

Ease of setup and operation

Very easy

Data sampling rate

Variable

Product durability

Very high

Connectivity cost

Low/medium

Product/service cost

Almost Zero

Exceptional after-sales service: We got your back!

Price is just one part of the equation when it comes to choosing the right sensor for your needs. At Ellenex, we believe in the value of long-term relationships with our customers. That’s why our after-sales service is second to none.


When you purchase from Ellenex, you're not just getting a sensor; you're getting a VIP pass to the world of stellar after-sales service. Think of us as your trusty sidekick in the sensor world—always there to lend a hand when the going gets tough.


Got questions? We've got answers. Our customer support team is ready to rescue you from sensor-related predicaments, provide technical wizardry, and even help you decipher those cryptic sensor manuals. We're not just selling you a sensor; we're building a relationship. Like a good friend, we'll be there to support you every step of the way, as your needs evolve over time.


List of things to consider other than costs.

Why it is sensible to spend a bit more initially?

Now, you might wonder why you should loosen your purse strings when you could be splurging on your dream vacation. Let’s face it; the initial cost of a sensor is just the tip of the iceberg. When you opt for a cheaper sensor, you might save a few dollars upfront, but that decision could end up costing you more in the long run. Here's why:

Maintenance Costs

Cheaper sensors often demand more frequent TLC (maintenance and calibration), making them high-maintenance companions on your data collection journey and adding to your overall expense.

Downtime Drama

Lower-quality sensors are more prone to breakdowns and malfunctions, like temperamental actors—that break down more often, leading to dramatic and costly downtime. Not something you'd want in your data story. Moreover, in worse cases, potentially lost data.

Data Accuracy

When your data is critical and precious (as grandma's secret cookie recipe), accuracy is non-negotiable. Investing in a higher-quality sensor ensures reliable and precise measurements, reducing the risk of costly errors (and fewer data-related baking mishaps).

Longevity

Our sensors are built to weather the storm, reducing the need for frequent replacements, which, let's face it, are about as fun as waiting in a never-ending line at the DMV.


Why price-only comparisons are just silly!

Now, to the heart of the matter—why evaluating sensors based on price alone is about as wise as trying to teach a fish to ride a bicycle. The answer is simple: regardless of how budget-friendly the sensor may be, it should always meet your specific requirements and perform at its absolute best in doing so. Forget the idea that cheaper is better; we're talking about your data's health here.

Overall, the performance price ratio is your golden ticket to sensor nirvana. It ensures that every dollar you invest in a sensor translates into reliable, accurate, and consistent data. A higher initial cost might seem daunting, but it’s a smart move when you consider the long-term benefits. Just as Goldilocks chose the perfect option right in the middle, you might as well choose us, the middle-of-the-road option, for your needs. A slightly heftier initial investment in an Ellenex sensor isn't just about buying a product; it's about securing your data's future, knowing you have a reliable partner in your data collection quest. Quality, exceptional after-sales service, and long-term savings are just a few of the perks you'll enjoy. Therefore, choose quality, invest wisely, and let Ellenex be your sensor superhero, saving the day, one precise measurement at a time. Good day folks!

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