Predictive Maintenance: The Hidden ROI Driver Manufacturers Can’t Ignore
Every minute of downtime costs manufacturers thousands, sometimes millions, of dollars. Predictive maintenance, powered by real-time IIoT platforms, offers a proactive approach to avoid costly equipment failures and production halts.The Cost of Reactive MaintenanceTraditional maintenance approaches often rely on either: Reactive Maintenance: Fixing equipment only after it breaks, leading to unplanned downtime. Time-Based Maintenance: Performing […]
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