Unplanned Asset Downtime Decreases Across Industries: New MaintainX Report Reveals Trends and Challenges
2024年8月15日 - 2:00AM
ビジネスワイヤ(英語)
MaintainX, the leading maintenance and frontline work execution
platform, today released its first annual State of Industrial
Maintenance Report, a comprehensive analysis of the challenges,
trends and opportunities facing industrial maintenance teams. The
global survey captures the sentiments of 1,165 maintenance, repair,
and operations (MRO) professionals across a wide range of sectors,
facility sizes, and locations.
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72% of maintenance, repair, and
operations (MRO) professionals attributed the increase in the cost
of unplanned downtime to the rising cost of parts and shipping.
Source: State of Industrial Maintenance 2024 Report
The comprehensive report highlights the complex and
ever-evolving landscape of industrial maintenance in 2024, and
offers guidance on optimizing maintenance operations in the face of
these complexities. It also highlights the continued battle against
unplanned downtime and the increasing financial impact of even
brief disruptions to production, delivery, or operations.
Chris Turlica, CEO and Co-Founder of MaintainX, said, "The
decline in the frequency of unplanned downtime highlights that
facilities across industries are making positive progress toward
improving maintenance, asset reliability, and operational
processes." He added, “This report highlights the importance of a
proactive maintenance strategy in reducing excessive costs
associated with unplanned downtime, improving productivity, and
increasing overall efficiency."
Key 2024 Report Highlights Include:
- Downtime Cost Breakdown: The average cost of an hour of
unplanned downtime hovers around $25,000, but for larger
organizations, this figure can skyrocket to over $500,000.
- Unplanned Downtime Down, Costs Up: 85% of facilities
reported a stabilization or even a decrease in incidents of
unplanned downtime over the past year, but nearly 30% reported
higher downtime costs.
- Parts and Shipping Drive Cost Increases: 72% of
facilities attributed the increase in cost of unplanned downtime to
the rising cost of parts and shipping.
- Aging Equipment a Major Concern: 29% of MRO
professionals believe that aging equipment will be the leading
cause of unplanned downtime at their facility in the next 12
months.
In addition, the report sheds light on how maintenance programs
face a growing skilled labor shortage. 60% of respondents
identified it as the leading challenge to improving maintenance
programs, particularly as older technicians retire or leave the
workforce without a strong pipeline of younger talent to replace
them. As the more experienced technicians leave, they take decades
of critical knowledge along with them, hindering the progress of
maintenance programs.
To navigate this challenging landscape, companies increasingly
turn to technology to capture and persevere institutional
knowledge, upskill their workforce, and streamline processes.
Modern computerized maintenance management systems (CMMS) like
MaintainX provide a centralized hub for critical information,
making it accessible to seasoned team members and the next
generation of technicians. These tools not only bridge knowledge
gaps but also support data-driven decision-making and predictive
maintenance strategies, including ensuring business continuity even
as the workforce evolves.
The report further reveals a growing trend towards predictive
maintenance as a strategic response to these challenges,
emphasizing the importance of data-driven insights for optimizing
maintenance operations and extending equipment lifespan.
"Maintenance data is the secret weapon,” said Christopher
Wilcox, the Maintenance Manager at Univar Solutions, a leading
global solutions provider for users of specialty ingredients and
chemicals. He added, “It’s not just numbers on a spreadsheet; it’s
the objective evidence you need to build a compelling case for
resources and investments in your program. And when you present
empirical, data-driven insights, you gain credibility and trust
from decision-makers."
Access the full report here for a comprehensive look at the
challenges and opportunities the industry faces today.
About MaintainX
Founded in 2018, MaintainX is the leading maintenance and
frontline execution platform designed specifically for industrial
and frontline teams. It helps companies streamline maintenance
operations, improve asset management, and manage regulatory
compliance and audits—all while delivering insights that can
improve the bottom line. As a mobile-first platform trusted by over
8,000 customers worldwide, it delivers a modern, IoT-enabled
solution for maintenance, reliability, and operations teams.
MaintainX is reimagining industrial maintenance and operations to
address the realities of today and the future ahead. For more
information, visit www.maintainx.com.
MaintainX® is a registered trademark of MaintainX, Inc.
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