IndAXonline Industrial Automation Supply Solution | Allen-Bradley | Siemens | Schneider | ABB |Omron
Submitted by Ajay Narula | July 17, 2023, 08:58:12 | Others
According to a study, more than 80% of manufacturing plants worldwide are still relying on outdated Industrial Automation & Electrical equipment. This poses a significant risk, especially considering the current global semiconductor chip crisis that has further exacerbated the challenges faced by the industrial automation industry.
It is crucial to emphasize the importance of vigilance when it comes to the risks associated with aging installations. Outdated equipment can be prone to failures, which can lead to unexpected downtime and substantial financial losses for businesses. Therefore, it becomes essential to have the right spare parts available promptly to minimize these risks.
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