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Cassantec develops online prognostics software to predict equipment failures and minimize downtime in various industries. The software aims to enhance predictive maintenance and reduce operational costs for small and medium-sized enterprises.
The loss of production if critical machines break down are high for any company.
Just a few examples: downtime for a packaging line costs €130/min., in the auto industry €19k/min., for a paper mill €210k per year and for a power plant can cost even €1.2M/GW year.
According to 12% of SMEs in Europe the cost of production or labour is their biggest challenge, where maintenance related costs are estimated to be 25% of the overall operating costs.
Cassantec online prognostics software prognosticates…
CASSANTEC GMBH
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