Today, success is not just about keeping systems running; it’s also about having the visibility to make the best choices –and to optimize operations around business needs. Your systems may last a long time, but if they can’t keep pace with changing business needs, they won’t deliver maximum value. Employing the right digital services strategy can shave as much as 50% from overall maintenance costs, increase energy efficiency by 30% and cut unplanned downtime by 25%. Those are areas we can all benefit from the savings right now, right?
Unplanned events can have a devastating effect on any business, particularly in our interdependent and interconnected world. It’s critical to have both technology and planning in place to speed incident recovery and protect people, assets and earnings. For example, BASF has combined digitization with remote monitoring so cloud-based connected services can ensure operational data is up-to-date, centralized and stored in a secure, readily available digital vault. Physical and production assets are fully cataloged, so management has visibility into the criticality of each business process, as well as the knowledge required to maintain operations
