Unplanned downtime and asset performance management are problems that have caused a great deal of operational and financial pain to organisations for many years. Managing and maintaining equipment assets is a 24/7 job but a reactive approach is not the answer and does not factor into a digital model of business.

This must change and is likely to be a contributing factor to the regularity with which organisations have experienced unplanned downtime over the last three years. If a more predictive, proactive approach were to be taken then these problems would at least be reduced, and might disappear completely. The answer is of course to invest in digital technologies that can assist with the effective management and maintenance of assets and catch potential issues before they become a problem.

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