How the Industrial Internet of Things Can Help Reduce Downtime
Unplanned downtime threatens productivity and profit across industrial and commercial sectors. In a recent survey of these customers, 20% rate reaching zero unplanned downtime as their top priority, and 70% consider it a “very high priority.” Often, downtime comes as a surprise because facility operators lack visibility into their operations. Hardware failures and malfunctions account for 45% of downtime incidents – but 71% of field service decision makers aren’t fully aware of their assets’ maintenance schedule.
