Endowance Solutions announces Duet360 IIoT software
29/08/2023
Endowance Solutions is reinventing predictive maintenance for the manufacturing industries around the world through its integrated machine software that offers the best solutions to mechanical problems before they occur, saving companies millions of pounds in the process and ensuring machines stay operational, which increases their revenue.
As predictive maintenance continues to become part of the mainstream manufacturing process, companies are finding the data that comes from it to be overwhelming and difficult to understand. Unplanned downtime causes millions of pounds in lost revenue and businesses struggle when trying to scale their operations and work around a mechanical problem.
Endowance’s industrial Internet of Things (IIoT) and OneOffice 360 software programs are unique to the industry because of the automated process that equips companies with the ability to easily understand large amounts of data that come from predictive maintenance software.
If any anomalies are detected through Endowance’s Duet360 IIoT software, it instantly starts an automated and actionable solution for companies to deal with the anomalies detected in the machine.
Field service or maintenance is scheduled, parts are dispatched and crisis is averted. Knowing the type of impact an anomaly in a machine will have is not enough: a company needs to know how to respond and quickly. By seamlessly integrating predictive maintenance and business processes, companies are able to avoid downtime, increase capacity and drive more revenue.
This is a crucial component that allows companies to scale- up their production output because it avoids the confusion that manufacturers have to deal with when trying to understand the large amounts of data sent to them from typical IIoT software they have on their machines.
The software is said to be the first of its kind and can be seamlessly integrated into the current business models in place. Integrating IIoT business processes used to be cumbersome and time-consuming. Endowance’s out-of-the-box solution removes risk and accelerates value.
Currently, most companies have an 8% to 10% revenue stream that comes from aftermarket parts. The baseline for aftermarket revenues should be at least 25%. Companies that do not meet the 25% are leaving a lot of money on the table.
Endowance’s Duet360 IIoT software enables companies to reach the 25% mark in aftermarket parts for revenue through their integrated automated system for predictive maintenance solutions. This is helping companies to earn millions of pounds more per
year.
Endowance’s revolutionary predictive maintenance software enables companies that have already moved into predictive maintenance software to take the next step to higher revenue. They also work with companies that have not yet made the switch to predictive maintenance to help guide them into the next stage of higher profitability.
