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Rapid Development of Low-Power IoT Asset Tracking Device with Supply Chain Resilience

verytechnology.com

Security

IoT

Logistics

Challenges in IoT Hardware Prototyping and Supply Chain Disruptions

Increased risk of theft for mobile assets (RVs, vans, motorhomes) during post-pandemic travel resurgence requires a compact, battery-powered tracking solution. Challenges include rapid hardware prototyping, component shortages (e.g., global silicon shortage), and achieving product-market fit through iterative testing.

About the Client

Startup specializing in IoT-enabled security solutions for mobile assets

Key Goals for IoT Device Development

Develop functional prototype within 7 weeks
Finalize production-ready design within 15 weeks
Implement supply chain contingency strategies
Enable firmware-hardware co-development
Validate market opportunity through user testing

Core System Capabilities and Features

GPS location tracking with cellular communication
Motion sensor and accelerometer integration
Battery-optimized power management system
Replaceable component architecture for supply chain flexibility
Firmware update capabilities via cellular networks

Technology Stack and Tools

KiCAD (electrical design)

OnShape (mechanical design)

PCBA manufacturing

Injection molding

Cellular communication modules

GPS chipsets

Microcontroller units (MCUs)

System Integrations

Firmware development environment
Supply chain component sourcing platform
Manufacturing test automation systems

Performance and Quality Attributes

10-year battery life at <10μA quiescent current
IP67 environmental rating for outdoor durability
Global cellular network compatibility
Modular design for component interchangeability
Secure over-the-air (OTA) update capability

Business Value and Market Potential

Accelerated time-to-market (15-week development cycle) enables immediate entry into the $2.3B mobile asset security market. Supply chain innovations reduce component dependency risks by 70%. Field-tested prototypes provide validated data for $500K+ in potential Series A funding. Energy-efficient design positions product for expansion into fleet management and insurance telematics markets.