5 Ways to Prevent Downtime in Your Manufacturing Business
The Startup Magazine
JUNE 20, 2024
Around 80% of all major power outages that occurred from 2000 to 2023 were caused by weather. As the production halts due to faulty equipment, you have to bear the costs of labor, lost revenue, reduced capacity, etc. As IBM mentions, fortune 500 companies are losing around 11% of their annual revenue to downtime.
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