Tag: Southeast asian market
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Adoption of predictive maintenance in Southeast Asia facilities management
Article updated on 1 June 2025 Equipment failures cost Southeast Asian (SEA) manufacturing industries an estimated RM 15 billion to 20 billion annually according to the ASEAN+3 Macroeconomic Research Office. However, facilities across the region can eliminate up to 70% of these costly breakdowns through strategic predictive maintenance implementation. Southeast Asia facilities management teams can…