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A recent report found that industrial manufacturers experience 800 hours of unplanned downtime per year, or more than 15 hours per week. Unexpected troubleshooting costs $50 billion annually and lowers productivity and revenue. Most companies manually troubleshoot, but Austin, Texas-based ControlRooms.ai wants to change that. The company’s AI-powered analytics app automates industrial troubleshooting. The startup …
Industrial manufacturers face, on average, about 800 hours of unplanned downtime every year, or more than 15 hours per week, according to a recent report.