Manufacturing Sector Loses Billions Annually Due to Data Quality Deficiencies, Study Reveals
Manufacturing organizations are facing staggering financial losses due to maintenance, repair, and operations data quality issues. According to a comprehensive study, over half of manufacturers experience significant operational disruptions that collectively amount to billions in wasted expenditure annually.
Billions in Losses Linked to Data Management Problems
Manufacturing sectors are reportedly losing billions of dollars annually due to persistent data quality issues in maintenance, repair, and operations (MRO) systems, according to recent industry analysis. The findings from automation intelligence company Verdantis suggest that poor data management practices are creating substantial operational inefficiencies across production-intensive industries.