by Subanu Senthilkumar | Jul 25, 2025
A study by Deloitte found that companies using predictive maintenance strategies achieve greater equipment uptime and reduce maintenance costs by 5% to 10%. As organizations collect more equipment data through CMMS and EAM systems, the key challenge is turning that... by Subanu Senthilkumar | Jul 23, 2025
According to widely reported estimates from the International Society of Automation, manufacturers across all industries lose approximately 5% of plant production each year to unplanned downtime, which results in a global economic impact of nearly $647 billion. In a... by Subanu Senthilkumar | Jul 18, 2025
A report from the U.S. Department of Energy reveals that preventative maintenance can reduce equipment failures by as much as 70%. This substantial impact underscores the importance of strategic maintenance in enhancing asset reliability. In industries where uptime is... by Subanu Senthilkumar | Jul 16, 2025
Industrial manufacturers lose an estimated $50 billion annually due to unplanned downtime. These losses often stem from inefficient maintenance scheduling that fails to align with asset needs or operational priorities. What Is Maintenance Scheduling? Maintenance... by Clareena Nagassar | Nov 2, 2023
In the realm of asset management, one phrase is paramount: “Time is money.” Every minute of downtime translates into lost revenue, reduced productivity, and increased maintenance costs. To combat this, industries are turning to two powerful tools: Bills of...