This infographic examines three reasons why downtime rates are surging and offers a surprisingly simple solution to minimize disruptions.
Unplanned downtime is crippling asset-driven sectors like utilities and manufacturing. Worldwide, manufacturing firms are bleeding roughly $1.4 trillion every year, with the average large plant losing about 27 hours a month.
But there is a stopgap solution to these surging downtime rates: offering workers upskilling training that moves them from existing skillsets to the ones that asset maintenance demands.
This infographic breaks down the long- and short-term forces driving downtime rates and explains how training offsets them, including why:
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