Phillips Connect has released ROIAssist, a tool for projecting cost savings and revenue impacts that come with various smart-trailer sensors.

The company says that ROIAssist provides realistic and accurate expectations for an investment in smart trailers.

“Several times, we’ve had customers that request a sensor made by a specific supplier, but after plugging in their actual numbers, we find that the ROI is very low or even negative,” says Jim Epler, general manager of Phillips Connect. “We’ll be the first to tell them it won’t save money. However, Phillips Connect ROI results regularly produce hundreds of millions in expected savings and revenue with the potential for greater than $1B for the largest, most aggressive fleets.”