Co-create. Innovate. Win. Action-ready Analytics for Maintenance Management Ramco DecisionWorks White Paper2 Background Competitive markets are unforgiving to asset intensive organizations that cannot minimize breakdowns, resulting in loss of production. Maintenance managers must take control of their maintenance activities in response to these evolving pressures. The consequences of a slip are quite dire. Companies need to be far more proactive in their maintenance procedures. We are, today, at a turning point in enterprise management. The new knowledge based economy has changed the economics of the business enterprise. The only thing constant is “Change” . The known and usual management techniques are not appropriate anymore. Hypothetical Case This example elucidates the case o

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