Ebook

The Hidden Costs of Downtime in Manufacturing

The Hidden Costs of Downtime in Manufacturing

Pages 4 Pages

Manufacturing experiences significant downtime costs, with cybersecurity-related incidents contributing heavily. The industry faces the second-highest downtime expenses, averaging $58 million in revenue loss, alongside $40 million in regulatory fines and $24 million in SLA penalties. Unplanned downtime, caused by equipment failure, cyberattacks, and supply chain issues, disrupts operations and compliance. Splunk helps manufacturers mitigate these costs by providing real-time visibility, predictive maintenance, and advanced threat detection, enabling faster issue resolution and improved operational resilience to reduce costly downtime impacts.

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