The actual cost of downtime in the manufacturing industry
· Predictive Analytics

The actual cost of downtime in the manufacturing industry

For most manufacturers, downtime is the single largest source of lost production time. What is Downtime in Manufacturing? Downtime in manufacturing is any period of time when a machine is not in production (quite literally, down). Downtime can be categorized to help identify patterns in machine performance. It receives a high level of attention since […]

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Five benefits of network virtualization
· Connected Industry

Five benefits of network virtualization

New challenges and technologies such as virtualization are disrupting networks everywhere, with many businesses struggling to remain agile. What is network virtualization? Network virtualization is the process of combining hardware and software network resources and network functionality into a single, software based administrative entity. Virtual networks are no longer something to consider in the future. […]

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The cost of one minute downtime in manufacturing
· Connected Industry

The cost of one minute downtime in manufacturing

Unplanned work stoppages cost global industries millions of dollars in lost revenue. Downtime can be caused for multiple reasons. Examples can be weather delays in airline companies or cyber crime which lead to infrastructure breakdowns. Susceptibility to failure persists, particularly as it relates to factories. According to some research information, more than 90% of machines […]

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