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Leveraging real-time data regarding asset conditions to inform maintenance represents an important shift away from reactive operations and can significantly reduce costs and improve business outcomes such as safety and sustainability. This paper assesses the current state of digitalization in manufacturing and evalutes the benefits of condition-based maintenance and increasingly proactive maintenance programs, based on research and analysis conducted by S&P Global Market Intelligence in March/April 2024.
By leveraging Industry 4.0 technology, we're significantly improving our manufacturing operations and adding value for our customers.
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