How to Minimize Asset Failure with Predictive Maintenance
Existing maintenance solutions limit production. With the legacy tools and processes at their disposal, manufacturers commonly take reactive or scheduled maintenance approaches that present a multitude of challenges:
Existing Maintenance approaches are costly: Up to $1.3M per hour cost of downtime in auto manufacturing (Source: PTC)
10x cost of unplanned downtime compared to planned (Source: ARC Advisory Group).
Find out in this infographic by Siemens how predictive maintenance can help.
Further reading: Unleash the Power of IoT-based Predictive Maintenance
Decreasing Industrial Inefficiencies through Asset Management and IoT