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Cost of Unplanned Downtime in Manufacturing: How to Calculate and Examples
Unplanned downtime is one of the fastest ways for manufacturers to lose money without realizing how much it actually costs. The moment a production ...
- 19-09-2024
From Reactive to Proactive: Mastering Predictive Maintenance with a Connected Worker Solution in 2025
Key Takeaways Significant Cost Savings: Implementing PdM can reduce maintenance costs by 25-30% compared to traditional methods (Deloitte, 2023). This proactive approach allows companies to optimize r...
- 05-09-2024
Shift Handovers Past Incidents: How Digitization Could Have Solved These Problems
Key Takeaways Critical Failures in Shift Handover: Historical industrial incidents underscore the deadly consequences of poor shift handovers. Potential for Digitization: Digital shift handover soluti...
- 04-09-2024
- native mobile solution for Work Order Management 2 More
The 3C Approach: Driving World-Class Operations Through Connection, Collection, and Collaboration
Key Takeaways Anticipate Disruptions: Prevent unexpected failures by integrating data for real-time operational visibility. Improve Efficiency: Streamline data collection processes to support predicti...
- 28-08-2024
The CTO's Guide to Digital Transformation: Why Every Factory Needs an Intelligent Connected Worker Platform
Key Takeaways CTOs face significant challenges in modernizing industrial operations due to legacy systems, siloed data, and resistance to change, making digital transformation a complex yet essential ...
- 09-08-2024
- ERP systems 3 More
How to Build an AI-Powered Maintenance Strategy in 5 Simple Steps
Key Takeaways An AI-powered plant maintenance solution automates work order generation, prioritizes tasks, and provides real-time updates, optimizing workflows and reducing downtime. It creates adapti...
- 01-08-2024
- ERP systems 3 More
Reducing Costly Unplanned Downtime in the Chemical Industry
Key Insights Downtime Costs: Chemical equipment downtime costs range from $260,000 to $2 million per incident, totaling around $20 billion annually. Maintenance Challenges: Frequent equipment failures...
- 26-07-2024
- inventory management 4 More
Challenges of Oil & Gas Equipment Maintenance
Key Takeaways Cost of Equipment Downtime: Downtime costs in the oil & gas industry surged over 76% in 2021-2022, reaching $149 million per site during the same period. Challenges in Equipment Main...
- 08-07-2024
An Integrated S/4HANA Plant Maintenance Solution Can Cut Oil & Gas Costs
Key Takeaways Integrated Efficiency and Cost Reduction: Improve operations, reduce unplanned downtime, and significantly cut down maintenance expenses. SAP and Innovapptive’s Connected Worker Platform...
- 26-06-2024
Discovering the Future of Mining With an AI-Powered Connected Worker Platform
The Evolution of AI in Asset-Intensive Industries Since the early days of automation in the 1960s, artificial intelligence (AI) and machine learning have revolutionized asset-intensive industries. Mov...