Why Monitor?
No matter what industry you are in, nothing destroys your bottom line like unplanned downtime.
Unplanned downtime, emergency maintenance and ageing IT infrastructure is the major challenge for almost 90% of companies.
80% of companies do not know the true cost of an unplanned failure.
- Failures are inevitable; time is the greatest enemy.
- Small failures cannot be seen or heard by humans.
- Stop reacting, treat root causes and not symptoms.
- You cannot manage or control what you cannot see or measure.
- Dynamic systems cannot by nature be managed or controlled reactively.
- Prevention is cheaper than recovery
If there are only 3 types of failures,
then why do most of our failures
keep repeating?
Equipment is unpredictable, and eventual failure is inevitable.
Time is the biggest enemy.
1
Improper
operation
Never allow anyone to use equipment they are not qualified to run. This can happen during emergencies, unexpected staff shortages, irrespective of the cause. This is just asking for trouble
2
Lack of a preventive maintenance program
Most equipment requires regular maintenance for optimal performance. In some organizations, maintenance is considered a “cost centre”, resulting in maintenance departments starving for funds.
Unplanned shutdowns can wipe off these savings and generate devastating and far-reaching effects. The U.S. Department of Energy estimates that preventive maintenance results in a 30% reduction in energy, 35% to 45% reduction in maintenance cost, and up to 75% reduction in downtime.
3
Failure to continuously monitor equipment 24×7
Small failures cannot be seen or heard by humans.
Early detection is the secret to avoiding expensive catastrophic failures
Discover: if there are only three types of failures, then why do most of your failures keep repeating?
PF curve, what’s it all about? How can it help me?
Why have I not heard about it before?
efficiency