European manufacturers and transport operators bet on predictive maintenance solutions to cut the costs of unplanned downtime and emergency maintenance of their assets
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European manufacturers and transport operators are clearly not too confident about the efficiency of their existing maintenance processes of industrial equipment and fleets. This is why they turn to digital technologies that enable the collection of operational data, which can be used to get valuable insights and predict failures. On the back of these insights companies can redefine their entire maintenance processes resulting in improved operational efficiency. More than half of the companies surveyed are already running their predictive maintenance initiatives, and a considerable amount of them are generating business impacts.
For the study, more than 230 senior decision-makers with predictive maintenance responsibility from IT departments and lines of business in companies in the United Kingdom, France, Germany, Spain, Italy, the Nordics and Benelux were surveyed by telephone (CATI). The sample comprises companies with more than 1,000 employees operating in the manufacturing and transport industries.
In our trend analyses in multi-client mode we analyze the status quo and potential of current market and technology trends on behalf of multiple market players. Our analyses are based on phone interviews among decision-makers in ICT buyer companies. The central analysis results are made available free of charge to ICT buyer companies.