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#iDataOps Reduce Unplanned Downtime The iDataOps Way!
#iDataOps Let's Look at Some Numbers An average manufacturer confronts almost 800 hours of equipment downtime per year About 37% lose production time on a critical asset, with 29% of companies unable to service specific assets .
#iDataOps What is The Cost of Unplanned Downtime? The formula for calculating unplanned downtime using a time measure is: Unplanned Downtime = (Time Asset is Down / Total Time) x 100 The formula for calculating unplanned downtime for lost dollars is: Cost of Unplanned Downtime = Average Hourly Wage x (Time Asset is Down/Total Time) X Number of Employees Affected There are intangible costs like decrease in customer satisfaction due to unplanned downtime.
#iDataOps The Challenges Equipment failure Tool failure Unoptimized changeover and setup processes Operator error Poor maintenance Stockouts /inventory issues Poor planning
#iDataOps What Manufacturers Need! Real time equipment monitoring & machine performance Accurate data on remaining useful iDataOps life of the equipment Data on mean time to failure Active alerts and notifications for maintenance teams Early detection of anomalies or deviations
#iDataOps iDataOps Has Got Your Back
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