Predictive Maintenance: Reduce Downtime And Increase Profits
Dell Technologies, July 29th, 2022
January 1, 1970,
Volume 292, Issue 4
Learn how predictive maintenance is increasingly vital to optimizing equipment utilization, preventing failures and minimizing downtime.
Over the past few years, companies have been focusing on leveraging their data to drive business insights. Internet of things (IoT) and sensors generate valuable information that can be used to reduce downtime and the costs associated with it. This can prove to be vital considering that 82% of companies have experienced at least one unplanned downtime incident over the past three years. Unplanned downtime costs as much as $50 billion a year to industrial manufacturers.
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