What's the True Cost of Machine Downtime? MarketScale
At 187,500/hour, this adds up to 225 billion annually. Oil and gas producers suffer 32 hours of unplanned downtime each month, on average, at the cost of 220,000 per hour, amounting to 84 million per facility. One of the big challenges manufacturers face is managing data, sorting the valuable wheat from the white noise of chaff, and using ...