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Pricing Methodology

How We Price OctosX

Industrial deployments aren't off-the-shelf — and neither is our pricing. Every OctosX engagement is configured to the plant: the equipment monitored, the data integrated, the people supported. This page explains the three components of that configuration.

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The Three Components

What goes into every OctosX engagement.

Three layers, each configured to your plant. Together they form your total deployment cost.

Layer 1 — Initial Setup

One-Time Initial Setup

The work to design your monitoring architecture, install and commission hardware, integrate with your existing systems, and train your team.

What it covers
  • Site survey and sensor placement design
  • IPC and gateway configuration
  • Network integration with your IT/OT infrastructure
  • ERP / MES / BMS connector setup
  • On-site commissioning and validation
  • Operator and administrator training
How it's calculated

Project scope, complexity of integrations, number of monitored points, and on-site commissioning days.

What shapes the number

Sensor variety, custom integration requirements, hazardous area certifications, site accessibility.

Layer 2 — SaaS Subscription

Recurring SaaS Subscription

Annual subscription to the OctosX Risk Intelligence Platform — cloud-hosted, continuously updated, supported.

What it covers
  • Cloud platform access and real-time dashboards
  • Alert and notification engine (email, SMS, dashboard)
  • 5+ years of data retention and audit logs
  • Quarterly software updates and security patches
  • Standard support and incident response
  • SOC 2 / GDPR / PIPEDA-aligned data handling
How it's calculated

Number of monitoring endpoints per site, number of authorized users, and advanced analytics modules selected.

What shapes the number

Site count, endpoint density, optional modules (e.g., ESG reporting, OEE analytics, predictive AI).

Layer 3 — Hardware

Industrial Hardware

Sensors, edge computers, and gateways — selected for your equipment, certified for your environment.

What it covers
  • Sensors (thermal, vibration, current, multi-function meters, air quality)
  • Industrial PCs (IPCs) and edge gateways
  • Cabling and mounting accessories
  • Hazardous area / IP-rated variants where required
How it's calculated

Number of monitoring points, sensor types required, and your preference for purchase vs lease.

What shapes the number

Sensor mix, environmental requirements (IP rating, hazardous area), redundancy needs, deployment timeline.

Pricing Modifiers

Factors that shape your final number.

Beyond the three layers, four levers can adjust your total cost — up or down.

Multi-Site Scaling

Per-site cost decreases as deployment scales. Standardized rollouts across multiple facilities benefit from shared engineering effort and volume hardware procurement.

Annual Pre-Payment

Annual pre-payment of the SaaS subscription unlocks a meaningful discount over monthly billing — improving both your TCO and our forecast.

Lease vs Capital Purchase

Choose between capital purchase (CAPEX) or operating lease (OPEX) on hardware. We'll model both against your financial preferences.

Working with an SI Partner

If you're deploying through one of our authorized System Integrators, they may bundle OctosX pricing into a single integrated contract. Ask them, or ask us for a referral.

Deployment Profiles

How investment scales with deployment.

Three common deployment profiles. Where you start determines where you grow.

Profile 1

Single-Site Pilot

One production line or one critical area, monitored end-to-end. Ideal for proving the value before scaling.

Initial Setup Lower
SaaS Subscription Lower
Hardware Lower
Best for

Plants new to industrial monitoring; risk-averse procurement; first internal champion building the business case.

Profile 2

Full Plant Deployment

All critical equipment across one site, monitored continuously. Baseline for full operational visibility.

Initial Setup Moderate
SaaS Subscription Moderate
Hardware Moderate
Best for

Plants ready to act on full-site data; companies with measurable downtime cost; sites requiring NFPA 70B alignment.

Profile 3

Multi-Plant Enterprise

Standardized deployment across multiple facilities, centrally managed. Best per-site economics.

Initial Setup Higherlowest per-site
SaaS Subscription Highervolume-discounted
Hardware Highervolume-priced
Best for

Enterprise manufacturers; standardized operations; organizations pursuing ESG/risk reporting across portfolio.

Each profile is illustrative. Your actual investment depends on plant complexity, equipment count, and the modifiers above. The fastest way to see your numbers is to request a configured quote. Get my numbers

Ready to see your numbers?

Every plant is different. Tell us about yours, and we'll send a configured estimate.

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Quotes typically returned within 2 business days. No obligation. No automated drip-feed marketing.