Despite the known obstacle of costly consequences, average maintenance performance remains poor across asset-intensive industries, including healthcare, education, and manufacturing. Still 55% of organizations still take a “reactive” approach to asset maintenance and management.
What is the solution? A move to Preventative and Predictive asset management.
Organizations using this approach experience the following:
- Return on Investment of 10X
- Reduction in maintenance costs of 25% to 30%
- Elimination of breakdowns of 70% to 75%
- Reduction in downtime of 35% to 45%
- Increase in production of 20% to 25%
Download our FREE whitepaper to learn about more cost-effective asset maintenance and management.