Our goal is to speed up maintenance.
According to a survey over 200 manufacturing companies, downtime nearly always meant lost production time according to 88% of respondents and 41% said downtime was above acceptable levels. For instance, on average downtime on an automotive industry’s assembly line costs $22.000 every minute, that equals to $1.3 million per hour of downtime. Unplanned downtime costs the airline industry $1 million every day.
We are developing a technology for spare parts that enables the quick identification of parts according to their geometry rather than through engraved numbers, tags or RFID.