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Opticom Tech was featured in Facility Executive in an article called, “3 Ways To Reduce Downtime And Maintenance Costs With Video Monitoring.”
By Heidi Schmidt
For manufacturing plants and other industrial facilities, maintenance and downtime costs are a big burden. The cost of downtime has gone up recently—it costs Fortune 500 companies 11% of their annual revenue, or $1.5 trillion, per a Siemens report.
Whether or not your facility is affected by mounting downtime costs, its undoubtedly affected by increasing maintenance costs. Optimizing maintenance costs leads to lower overall product cost and, therefore, to staying more competitive.
