Study
147,000 euros per hour: high costs for German companies due to unplanned downtime
According to the "Value of Reliability" study, 67% of industrial companies in Germany experience unplanned downtime at least once a month, compared to 69% worldwide. This costs the German economy EUR 147,000 per hour. Despite this, 21 percent of the German companies surveyed still rely on reactive maintenance concepts.
In the study conducted by Sapio Research in July 2023, 3,215 maintenance decision-makers from companies in various industries were surveyed worldwide - from power generation, the plastics and rubber industry, the oil and gas industry, the water and wastewater industry and the chemical industry to wind energy, rail vehicles, energy supply, shipbuilding, the food and beverage industry and metal processing.
More intensive maintenance increases availability
The results underline the importance of equipment reliability: 92% of the companies surveyed have increased equipment availability in the past year through maintenance, and 38% have increased it by at least a quarter. Three quarters of respondents believe that reliability has a positive impact on their company's reputation and financial performance and helps to meet contractual obligations, avoid waste and secure repeat business.
Reliability was named by respondents as the top priority when purchasing new systems. More than 60 percent plan to invest more in reliability and maintenance over the next three years, and a third intend to increase this investment by more than ten percent. Nine out of ten respondents are interested in results-oriented service contracts. The results of the survey suggest that it is worthwhile for industrial companies to switch from high-risk reactive maintenance to a long-term, results-oriented strategy. This is because it can improve reliability, reputation and competitiveness and reduce costs, allowing companies to focus on their core competencies.
Such a results-oriented maintenance model will also help industrial companies to meet upcoming emissions targets and requirements in the fight against climate change. It can also bridge the skills gap that will arise when experienced technicians retire.
You might also be interested in
Predictive maintenance in retrofit
Predictive maintenance pays off. This is because early detection of impending failures means that systems can be serviced in a targeted manner before production downtime occurs. But how complex is it to integrate such a maintenance concept into an...
read more...Maintenance instead of replacement
The circular economy starts with the machinery
Sustainability in industry starts with machines, says our guest author from Deguma: How maintenance, modernization and the 5R strategy save resources, energy and CO₂.
read more...3D printing for unplanned requirements
The material fails and the machine suddenly stops? Then you need to take the right measures to be able to resume production quickly. Material failure in the form of faulty components or material wear in the frame are a risk for any production.
read more...High demands in terms of safety, application and robustness
Demanding work in the electrical trade and energy supply as well as smooth processes in production require innovative and customized measurement technology that scores points for safety, ease of use and resilience.
read more...Car meets e-bike: riding with lubrication-free polymer bearings
Studies show that the proportion of pedestrian and bicycle traffic is increasing in urban areas. With the JetBike, JetBike GmbH from Braunschweig presents a mixture of e-bike and car and relies on lubrication-free polymer bearings from Igus.
read more...Hydraulic hub for more efficient servicing
Bosch Rexroth presents a digital toolbox for service and maintenance. With a comprehensive range of digital services, the Hydraulic Hub simplifies and accelerates the service and maintenance of hydraulic products and increases machine availability.
read more...Arnold Umformtechnik expands after-sales...
Faster help with VR glasses
Arnold Umformtechnik is expanding the after-sales service for its machines to include digital remote services. The focus is on data security, simple operation and clear processes.
read more...Maintenance starts with a maintenance planner
Legal requirements stipulate that machines and systems must be serviced regularly. The maintenance work serves to ensure occupational safety and economic efficiency.
read more...Disclose the condition of the machine
The young company ai-omatic solutions from Hamburg presents a digital maintenance assistant that monitors machines automatically and unattended, detects failures in advance and thus predicts the optimum maintenance time.
read more...