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All Glossary Terms

Failure Consequences

Maintenance definition:

Failure Consequences refer to the potential impacts of a failure on operations, safety, and costs. Consequences can range from minor inconveniences to significant disruptions, environmental damage, or safety hazards. Assessing failure consequences is crucial for prioritizing maintenance activities, managing risks, and making informed decisions about asset management and protective measures.

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Includes professional installation of up to 200 sensors (a $10k+ value)

24/7 monitoring and a dedicated CME for your site

AssetWatch cloud-based software with unlimited licenses

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