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Seven Ways Technology Reduces Maintenance Costs

Tech tools and methods that streamline workflow and improve performance

Erin Vogen
Tue, 12/12/2023 - 12:02
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One large concern when maintaining a business’ facilities and assets is cost. Managing the costs of repairs, new parts, and personnel can present a challenge.

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Although maintenance can be costly, it’s important to see it as an investment that prolongs equipment life span, enhances productivity, and improves employee safety. Plus, when innovative maintenance technologies enter the mix, the result can be significant cost savings for any maintenance program. Let’s explore how.

Understanding maintenance technologies

Historically, companies often relied on manual approaches to organize their maintenance. Spreadsheets and handwritten work orders were the norm. Many companies still use these methods. Unfortunately, manual tracking and coordination often leads to mistakes, and can be difficult and time-consuming to keep organized.

Maintenance technologies bring new efficiencies to maintenance programs. They help companies schedule, automate, and access the information they need from anywhere about regular maintenance tasks.

Let’s discuss some technologies that are revolutionizing maintenance strategies for companies and industries of all kinds.

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