Toronto Electricians and Electrical Contractors

The true cost of unplanned downtime In industrial and manufacturing environments, equipment failures can significantly affect the bottom line. In fact, analysts have found that downtime can cost the average factory between 5 and 20 percent of its productive capacity [1] . Unreliable equipment costs multiply exponentially when you add downtime, lost production, cost of repair, replacement, loss of quality, safety risks and disappointed customers. A smarter approach to put you back in control of your operation Technology advancements such as IoT sensors are enabling machines to connect to software and provide recommendations to employees to act before a failure occurs. This process is called predictive maintenance, where connected and integrated data is monitored to determine the condition of in-service equipment to estimate the true health of the equipment and detect abnormal behaviors, risk of failure or change in settings.   Predictive Maintenance increases the life expectan...