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Returns & cost calculator
We help make better decisions by saving time money and energy from all your emergencies and maintenance issues, doing more with less is powerful and great teams know this. Our saas enabled marketplace uses a guiding formula to uncover potential returns on investment (ROI) when leveraging on maintenance technology.
For instances if we had a scenario where we own or manage a single restaurant throughout a years operations we take into account savings such as productivity gains, repairs parts and procurement, moreover we account for costs too such as implementation costs, fees for usage as well as possible hardware parts, then we divide the result by our yearly total costs.
If we land this scenario according to stats we could underpin that when applying maintenance platform technology in a years operation we could score savings circa 40,000€ and produce approximately yearly implementation total costs of 5000€, then our result on this single venue is (40000€-5000€)/5000€ = 7
In this case the return on our investment through a year business operation at our single location is 7 times the value, long life to technology we shall say
Failure rate (λ)
Failure rate (λ) = (Number of failures) / (Total operating time)
