Due to the problems resulting from the COVID-19 pandemic, for example, semiconductor supply shortages impacting the technology industry, micro-, small-, and medium-sized enterprises have been affected because the profitability of their business models depends on market stability. Therefore, it is essential to propose alternatives to mitigate the various consequences, such as the high costs. One attractive alternative is to replace the physical elements using resource-limited devices powered by machine learning. Novel features can improve the embedded devices’ (such as old smartphones) ability to perceive an environment and be incorporated in a circular model. However, it is essential to measure the impact of substituting the physical elements employing an approach of a sustainable circular economy. For this reason, this paper proposes a sustainable circular index to measure the impact of the substitution of a physical element by virtualization. The index is composed of five dimensions: economic, social, environmental, circular, and performance. In order to describe this index, a case study was employed to measure the path-planning generator for micro aerial vehicles developed using virtual simulation using machine-learning methods. The proposed index allows considering virtualization to extend the life cycle of devices with limited resources based on suggested criteria. Thus, a smartphone and the Jetson nano board were analyzed as replacements of specialized sensors in controlled environments.