Samsara Study Reveals Equipment Theft and Loss Costs Mid-Size Operations an Average of $18M Annually
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7 Articles
Samsara Study Reveals Equipment Theft and Loss Costs Mid-Size Operations an Average of $18M Annually
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 […]
In addition to the economic cost, equipment theft causes project delays, reduces productivity and even prevents some companies from competing for new contracts.
Study Finds Small Asset Theft Behind Millions in Hidden Losses
Asset theft and equipment loss remain persistent challenges across industries including construction, transportation, utilities and field services, placing increasing pressure on organisations already managing tight margins, labour shortages and complex supply chains. While the financial impact of stolen high-value equipment is well understood, the day-to-day operational disruption caused by missing tools, smaller assets and specialist equipment…
Samsara report puts a price on asset invisibility in mid-size operations
By Marc Kavinsky, Lead Editor at IoT Business News. Samsara’s 2026 asset theft and loss report estimates that mid-size organisations without asset tracking face an average £9.7 million annual operational cost, with most of the burden linked to lower-value equipment rather than heavy machinery. In construction, utilities, logistics and field service operations, the asset that stops a job is not always the excavator or the vehicle. It can be a gen…
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…
Samsara Study Reveals Equipment Theft and Loss Costs Mid-Size Operations an Average of £9.7M Annually
New research finds 72% of these costs come from missing assets under £7.4K rather than heavy machinery — and untracked operations are 70% more likely to face significant lossesLONDON--(BUSINESS WIRE)--Samsara (NYSE: IOT), the pioneer of the Connected ... L'articolo Samsara Study Reveals Equipment Theft and Loss Costs Mid-Size Operations an Average of £9.7M Annually è un contenuto originale di 01net.
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