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What Big Data Can Reveal About Your Equipment: The Case of an Electric Motor - Blog
June 26, 2025Few understand the phrase “time is money” better than industrial companies, especially when both time and money are wasted during unexpected equipment downtime. For automakers, just one hour of unplanned downtime caused by sudden equipment failure can cost up to $2.3 million. In fact, equipment failure accounts for 80% of all unplanned production halts.