Equipment breakdowns hit businesses hard. Manufacturing firms now lose over £260,000 per hour when production stops unexpectedly—that’s 50% more than in 2019. Most companies still wait for things to break before fixing them. This reactive approach costs far more than planning ahead with proper equipment management software. Prevention beats panic every time. The Real Cost of Equipment Failures When a machine breaks down, the repair bill tells only part of the story. A £500 component...










