Manufacturing: Predict Machine Failures Before They Happen
A manufacturing company with 25 production lines and 180 employees struggles with unplanned downtime: on average, 12 unplanned failures per year, with an average downtime of 4.2 hours and costs of €8,500 per hour. That translates to direct downtime costs exceeding €400,000 annually, before accounting for knock-on effects from delayed deliveries and scrap.
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