White Paper: The True Costs of Downtime 2024

The Siemens report highlights industry-specific costs of unplanned downtime, with automotive and heavy industry sectors experiencing higher costs compared to oil and gas. Predictive Maintenance (PdM) adoption is effective in reducing downtime and gaining traction.
 
Implementing condition monitoring and PdM practices can lead to significant cost savings. The report, based on findings collected from a Siemens survey, includes data from Senseye Predictive Maintenance Software and provides insights from 181 professionals across automotive, FMCG, heavy industry, and oil and gas sectors, shedding light on downtime and maintenance practices.

The complete report is available for free download.