According to analyst firm Aberdeen Research, 82% of companies had experienced unplanned downtime over the
past three years in 2018, which can cost a company as much as £200,000 an hour.
Labour inefficiencies exacerbate the problem. Not having the most up-to-date documentation or access to the correct
spare parts will turn a two-day downtime into a week.
Adding COVID-19 into the mix, where many manufacturing jobs cannot be carried out remotely, and additional PPE and safety regulations
need to be in place, means having the most up-to-date documentation andasset and labour productivity at its most efficient is crucial.
More than 10,000 customers worldwide trust us with physical asset information and maintenance lifecycle management.
