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Forrester Consulting News

18 Oct 2016

ABB Turbocharger PM Model Demonstrates RoI

ABB announced study results which show a 202% return on investment (ROI) from using ABB Preventive Maintenance. The new study indicates that the payback of preventive maintenance is immediate, while the Net Present Value - a measure of profitability of a projected investment – can be around US$1.3 million over three years for a typical organization. Preventive maintenance involves maintaining and servicing equipment at regular intervals in line with manufacturer recommendations, rather than waiting to carry out reactive or corrective repairs – also known as ‘corrective maintenance’. According to the study, a corrective maintenance approach can have financial consequences for a company.

12 May 2016

OEMs Favored for Maintenance, Spare Parts -Study

Photo: ABB

An independent study for ABB Turbocharging found that 87 percent of organizations work only or mostly with original equipment manufacturers (OEMs) for maintenance support and spare parts procurement. Benefits cited include reduced downtime and better parts availability according to the Forrester Consulting Technology Adoption Profile. The individuals surveyed held responsibility for maintenance, repair and supplier management in 105 organizations that leverage large engines and capital intensive machinery.

12 Jan 2016

Turbocharger Upgrades Yield High ROI -ABB

Power and automation technology group ABB announced study results show return on investment from turbocharger upgrades. The increased revenue resulting from higher engine output of three engines in a power plant accumulated to approximately $537,000 per year, and in addition, fuel savings of $470,000 per year were realized. Forrester Consulting conducted a study examining the return on investment (ROI) from upgrading ABB turbochargers for a major power plant operator in the Caribbean. Data gathered and analyzed from the three engines before and after the upgrade indicated a Net Present Value of $1.4 million three years, with an annual value of $824,000 and a payback time of 11 months.