Warrington,United States - August 30, 2022 /PressCable/ —
The new report centers on augmented reality and how to reduce unplanned equipment downtime to improve operational efficiency. It offers businesses in the field service or manufacturing industries a roadmap for avoiding the consequences of downtime and minimizing expenses.
More information can be found at: https://www.blumbergadvisor.com/optimal-last-mile-support-tool-reducing-downtime-cost.
Prepared by Michael Blumberg, the president of the Blumberg Advisory Group, the new report discusses types of downtime, the consequences, and the economic considerations for businesses. It offers strategies for calculating downtime costs and cites the importance of Remote Virtual Assistance (RVA) in establishing zero downtime.
The report explains that unplanned downtime severely affects businesses on both an operational and financial level. Failing equipment leads to manufacturing plants that can no longer meet their goals. This can cause missed orders, financial issues, and dissatisfaction for customers.
Industry research shows that the average cost of downtime across all businesses is $260,000. This comprises the equipment cost, recovery cost, response expenses, and productivity loss for the business in question, among other factors.
The report advises end-users to perform proactive service to minimize the cost of unplanned downtime. By utilizing advanced technologies like RVA and AI, companies can predict and prevent equipment failures before they occur. Systems can be monitored for optimal effectiveness and efficiency with performance indicators.
Blumberg Advisory Group states that RVA can be used to bridge the knowledge gap between experts in the field and those without experience. It can reduce learning curves and resolution time and ensure a higher first-time fix rate.
The report highlights that when an unplanned situation does occur, RVA enables a faster response and more effective results.
Michael Blumberg states: “RVA plays a massive role in preventing unplanned downtime and reducing costs when it does occur. The location of RVA in the service delivery process makes it an optimal ‘last mile support’ tool or ‘missing link’ for achieving a Zero Unplanned Downtime maintenance environment. This technology also delivers tangible and immediate benefits to companies in the early stages of developing proactive maintenance or operating in a reactive mode.”
Interested parties can learn more at: https://www.blumbergadvisor.com/optimal-last-mile-support-tool-reducing-downtime-cost
Contact Info:
Name: MICHAEL ROBERT BLUMBERG
Email: Send Email
Organization: Blumberg Advisory Group
Address: 2222 Matts Way, Warrington, PA 18976, United States
Website: https://www.blumbergadvisor.com/
Source: PressCable
Release ID: 89080943
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