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Samsara Study Reveals Equipment Theft and Loss Costs Mid-Size Operations an Average of $18M Annually

Summary by Financial Post
New research finds 72% of these costs come from missing assets under $14K rather than heavy machinery—and untracked operations are 70% more likely to face a seven-figure hit TORONTO — Samsara (NYSE: IOT), the pioneer of the Connected Operations® Platform, today released its 2026 State of Connected Operations (SOCO) Asset Theft & Loss Report, Quantifying […]

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In addition to the economic cost, equipment theft causes project delays, reduces productivity and even prevents some companies from competing for new contracts.

·Mexico City, Mexico
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SAN FRANCISCO--(BUSINESS WIRE)--Samsara (NYSE: IoT), a pioneer of the Connected Operations Platform®, today released its 2026 State of Connected Operations (SOCO) Report on asset theft and loss, Quantifying the Hidden Cost of Asset Invisibility. The report concludes that equipment theft and loss is not just a replacement cost issue: it represents an annual operational drain of $230 million for midsize organizations that lack a robust asset manag…

·Crystal River, United States
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01net broke the news on Wednesday, July 15, 2026.
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