Unplanned Downtime Is Reaching Its Tipping Point Monday 30 October 2017 PDF Print A new global research study has found unplanned downtime is reaching its tipping point. ServiceMax from GE Digital, commissioned Vanson Bourne to conduct a global study into unplanned downtime: “After The Fall: Cost, Causes and Consequences of Unplanned Downtime”. Failure By Stealth: * Zero unplanned downtime is now the number one priority or a high priority for 72% of organizations. In the same way field service management moved from reactive to proactive to preventative, a similar shift is taking place in attitudes to unplanned downtime -from recovery to protection to pre-emptive. Poor Insight But Investing To Do Better: * 83% say there’s room for improvement in their organisation’s ability to fix problems with assets. 49% plan to invest in Field Service Management by 2020. 51% plan to invest in Asset Performance Management by 2020. Asset Estate Ignorance: * 70% of companies lack complete awareness of when assets are due for maintenance or upgrade. 74% lack awareness of when assets are due to be replaced. Fractured insight is unnecessarily lengthening recovery time Media Enquiries: Vanessa Land Devonshire Marketing +44 7768 693779 firstname.lastname@example.org This press release was distributed by ResponseSource Press Release Wire on behalf of Devonshire Marketing in the following categories: Consumer Technology, Business & Finance, Manufacturing, Engineering & Energy, Computing & Telecoms, Transport & Logistics, for more information visit https://pressreleasewire.responsesource.com/about.