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Bruno Fonseca

๐Ÿ‘ค Speaker
92 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

So basically one customer has two sensors.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

So it's more or less the half of that.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

So 55 customers, more or less.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

Until now, we don't.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

So until now, the production cost is more or less 450 euros per sensor.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

So the idea is, of course, with the increase of our critical mass, with the increase of our customer base,

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

The idea is to be able to produce more sensors and of course the unit's price will decrease with that.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

When you reach, for example, the 500 units, that cost can decrease significantly.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

To support our operational costs, but also to support the development of a second product line because we are trying to develop a new sensor, a new IoT device to complement

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

some of the parameters that are not being collected by the actual solution.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

So basically, because since we got to the market, we reached the market, we started listening to our customers, of course, and we felt that, for example, collecting the rainfall in a very localized way, it's also very important.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

So that is to develop a solution exactly to also to collect these kind of parameters.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

Rainfall, wind direction, wind speed, for example.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

No, no, we don't collect rainfall.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

In terms of revenue?

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

It's about, at this point, 7,000.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

No, but we have to count with the, with the, um, the cost of the, um, we are selling the sensor.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

Exactly.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

Just the software is about 1,000.

SaaS Interviews with CEOs, Startups, Founders
1590 Why Farmes Are Buying This $1000 IoT Device to Increase Crop Yield

It's flat because, of course, what we are trying to do, we are not so focused right now in increasing our customer base in a very aggressive way.