Focusing on preventive maintenance is essential to getting the most out of your assets — but as Eptura VP of Demand Generation Kris Konrath notes, many businesses are struggling to meet targets.
According to our research in our 2023 Q3 Index Report, only 27% of businesses are operating at the ideal ratio of 80:20 proactive to reactive, as defined by the Pareto principle. Dedicating too many resources to react to unpredicted breakdowns and asset downtime can result in major — and avoidable — costs.
