If you're responsible for reliability in your process manufacturing or production operations, you may have seen the ARC Advisory Group's report, Proactive Asset Management with IIoT and Analytics. I'll highlight a few points from the article and from reliability...
"According to the ARC Advisory Group of Boston, plants in the process industries 'typically operate 20% below full operational capacity,' and equipment reliability issues have been identified as one of the principal reasons for that wasteful record 1 ". This quote,...
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