How to Cut Costs Proactively - Power Technology | Energy News and Market Analysis
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How to Cut Costs Proactively

Australian industry is entering a new age. From mining to manufacturing and everything in between, operators are looking to more effective and productive ways to utilise their equipment, and keep it running in peak condition.

According to Siemens global head of customer service for Siemens' industrial business, Dr. Thomas Moser, "Operational phases represent about 95 per cent of the lifecycle costs - compared to just 5 per cent or less in the capital investment phase, so hi-tech service becomes critical to drive increased overall equipment effectiveness while reducing these operational costs."

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