Time to Relook at Asset Reliability: Move from Reactive to Predictive
Did you know that the failure of critical assets continues to be the number one operational risk for leading industrial outfits across the world? A recent study by ARC Advisory Group reveals that the global process industry loses up to $20 billion (almost 5% of annual production) due to unscheduled downtime.
Asset reliability is the bedrock for overall operational excellence and can be a huge competitive business differentiator. To achieve 100% reliability of assets, organizations must rethink their current processes, while leveraging existing resources to improve critical asset performance.
Download our latest whitepaper to learn how you can devise a suitable model for operational reliability using cognitive predictive maintenance. This whitepaper will give you an in-depth perspective on how you can:
- Gain a competitive advantage through asset reliability
- Improve asset performance using the “cognitive” route
- Achieve integrated asset reliability with cognitive predictive maintenance
Most manufacturers strive to achieve a smooth operations cycle with minimal disruptions. Let your journey begin.