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Looking Beyond Total Cost of Ownership to Return on Investment

Posted in Support Services on Tuesday, November 15th, 2016. No comments yet
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Automation fundamentally impacts the costs and returns on a production process. When evaluating capital investments for instrumentation and automation, many manufacturers and producers look beyond the initial purchase, installation and commissioning costs to assess the costs throughout the lifecycle of this investment. While this total cost of ownership (TCO) approach improves upon initial purchase costs, […]