Predictive and preventive maintenance and the timing of intervention is an investment with a legitimate ROI. The alternative not only has the expense of unscheduled production losses, but also the cost of more catastrophic repairs, the payment of emergency and premium labor, the cost of expedited parts, the damage of additional equipment in the drivetrain and potential penalties and consequential damages to those that have contracts stipulating delivery times. DO YOU KNOW THE COST OF YOUR DOWNTIME? If so let us help you build an ROI model to help build your bottom-line!

• Unplanned downtime costs industrial manufacturers an estimated $50 BILLION annually, with approximately $125,000 per hour per-incident cost across industries(Deloitte; Siemens, 2024).
• Predictive maintenance delivers documented maintenance cost reductions of 18-25% and unplanned downtime reductions of 30-50% versus reactive maintenance (McKinsey & Co).
• Proactive repairs cost 4 to 5 times LESS than emergency repairs on the same piece of equipment.
• 95% of Organizations that implement predictive maintenance report positive ROI, with 27% achieving full payback within 12 months (IoT Analytics, 2023)