Simply put, downtime of any variety is expensive. When the typical manufacturer generates annual Net Income in the single digits, its painful knowing that an average of 5% of production and 30-40% of profits are lost to events that are in large part avoidable.
Monitoring and diagnostic tools have been accepted as a means for both anticipating equipment failure and avoiding unplanned downtime. Those monitoring technologies are no longer focused narrowly on the analysis of rotating equipment. Available solutions now leverage insight from a readily available source the PID control loop.
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