For many industries, the purchase of a condition monitoring system is easily justified with a simple return-on-investment (ROI) calculation. For a relatively nominal cost, vital machines may be retrofitted with condition monitoring to reduce operating failures.
However, there are additional costs to consider when network infrastructure is not available or practical. This extra expense can include fiber optic cable installation, conduit engineering/installation, trenching between buildings, leasing phone lines for remote sites, and installation of festooning or slip rings for moving equipment. These additional costs may push the ROI out beyond what management will accept.
Click here to download the white paper.