
"UK manufacturers are losing up to £736 million every week due to downtime, according to new research, with outages lasting for days on end. Across the UK, US, and Germany, new data from Fluke Corporation shows 46% of manufacturers reported between six and ten downtime incidents weekly, while for 15% the figure is between 11 and 20. Nearly half (45%) said outages last up to 12 hours, with 17% reporting that incidents had stretched to 72 hours."
"At an average cost of £1.36 million per hour, Fluke said a single incident can equal up to £49 million in losses - the equivalent of powering 3,900 factories for a week. "Our research paints a sobering picture: manufacturers are caught in a cycle where downtime eats directly into competitiveness, and too many are stuck with fragmented fixes," said group president Parker Burke. "The data makes clear that the frequency, duration, and cost of downtime expose systemic vulnerabilities in maintenance and reliability strategies.""
"While the amount of downtime is fairly consistent across the three regions surveyed, there are big differences in costs. At an average of £1.36 million per hour, the cost of a single incident in both the UK and Germany can reach up to £49 million in losses, while the global average is noticeably lower at £1.27 million per hour and £31.9 million per incident. Globally, downtime is a bigger problem within large enterprises."
UK manufacturers face up to £736 million in weekly losses from downtime, with outages sometimes lasting days. Across the UK, US, and Germany, 46% of manufacturers report six to ten downtime incidents weekly and 15% report 11 to 20. Forty‑five percent report outages lasting up to 12 hours and 17% report incidents stretching to 72 hours. At £1.36 million per hour, a single incident can cost up to £49 million, while the global average cost is £1.27 million per hour and £31.9 million per incident. Large enterprises experience higher frequency and longer durations. Industry responses remain fragmented, with digital investments spread across multiple solutions.
 Read at IT Pro
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