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Predictive Maintenance

8 strategic challenges in manufacturing that you can eliminate by implementing Predictive Maintenance

The True Cost of Downtime 2024 report prepared by Siemens shows that every hour of unplanned downtime in a large automotive plant now costs USD 2.3 million—twice as much as in 2019—and as much as 11 % of Fortune 500 companies’ annual revenue “evaporates” through downtime alone. Production executives are therefore turning to PdM: real‑time data analytics reduces downtime by 35‑50 % and extends […]

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Published on: 22 Aug 2025

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