eam cmms roi

www.mintek.com I 1-800-789-7226

Let’s do the Math: the ROI of EAM & CMMS

www.mintek.com I 1-800-789-7226

MAINTENANCE VS. REPAIR

www.mintek.com I 1-800-789-7226

Source: US Department of Energy

• By simply expending the necessary resources to conduct maintenance activities intended by the equipment designer, equipment life is extended and its reliability is increased.

www.mintek.com I 1-800-789-7226

Source: US Department of Energy

• In addition to an increase in reliability, dollars are saved over that of a program just using reactive maintenance. Studies indicate that this savings can amount to as much as 12% to 18%.

www.mintek.com I 1-800-789-7226

Source: Kansas State University

• As a general rule, for every dollar spent on preventive maintenance, you will save at least five dollars in subsequent expenses.

www.mintek.com I 1-800-789-7226Source: James Piper, P.E.

• Facilities in which proper HVAC maintenance is completed will use at least 15 to 20 percent less energy than those where systems are allowed to deteriorate.

www.mintek.com I 1-800-789-7226

EXTENDED LIFECYCLE

www.mintek.com I 1-800-789-7226

Source: UTS Carrier Business Unit Manager

• On average, if maintenance is kept up every six months on both indoor and outdoor [air conditioning] units it will easily give more than 50% energy efficiency savings…

www.mintek.com I 1-800-789-7226

Source: UTS Carrier Business Unit Manager

• Without maintenance the performance of the equipment goes down but it uses the same power, so it may give 60T [of cooling] but consumes the same energy as 100T, so the client is losing money, if properly maintained, this would not happen

www.mintek.com I 1-800-789-7226

ENTERING DATA

www.mintek.com I 1-800-789-7226Source: Ohio University

• Studies indicate that a well-trained data entry operator will usually make a data entry error once every 300 keystrokes

www.mintek.com I 1-800-789-7226

Source: Copyright 1997-2008 Panko

• A good general figure for mechanical error rates appears to be about 0.5%.

www.mintek.com I 1-800-789-7226

MOBILITY SAVES TIME

www.mintek.com I 1-800-789-7226

Source: Frank Riso, Motorola

• Hospitality IT decision makers have made it clear that mobility is no longer an option but a necessity to survive in an increasingly competitive market.

www.mintek.com I 1-800-789-7226

Source: Frank Riso, Motorola

• Motorola’s hospitality barometer indicates that the mobilization of key applications enables organizations to save or recover a daily average of 44 minutes per employee.

www.mintek.com I 1-800-789-7226

Source: twowayradiosfor.com

• In fact, if each employee using a two-way radio saves just five minutes per hour each workday, it’s estimated that annual savings for a company with staff of 10 people making average of $12 an hour can hit $21,000 – $42,000 with a staff making an average $18 per person.

www.mintek.com I 1-800-789-7226

AVERAGE TIME TO FIND A DOCUMENT

www.mintek.com I 1-800-789-7226

Source: Edge Systems LLC Whitepaper

• IDC has estimated that the typical enterprise with 1,000 knowledge workers wastes $2.5 million to $3.5 million per year searching for nonexistent information, failing to find existing information, or recreating information that can't be found.

www.mintek.com I 1-800-789-7226

Source: Edge Systems LLC Whitepaper

• BAE Systems conducted a study that discovered that 80% of employees waste an average of half an hour per day retrieving information, while 60% are spending an hour or more duplicating the work of others.

www.mintek.com I 1-800-789-7226

Source: Coopers & Lybrand

• 90% of corporate memory exists on paper.

www.mintek.com I 1-800-789-7226

Source: Coopers & Lybrand

• Of all the pages that get handled each day in the average office, 90% are merely shuffled.

www.mintek.com I 1-800-789-7226

Source: Coopers & Lybrand

• The average document gets copied 19 times.

www.mintek.com I 1-800-789-7226

Source: Coopers & Lybrand

• Companies spend $20 in labor to file a document, $120 in labor to find a misfiled document, and $220 in labor to reproduce a lost document.

www.mintek.com I 1-800-789-7226

Source: Coopers & Lybrand

• 7.5% of all documents get lost, 3% of the remainder get misfiled.

www.mintek.com I 1-800-789-7226

Source: Coopers & Lybrand

• Professionals spend 5-15% of their time reading information, but up to 50% looking for it.

www.mintek.com I 1-800-789-7226

Source: Coopers & Lybrand

• There are over 4 trillion paper documents in the U.S. alone - growing at a rate of 22% per year.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• A typical employee spends 30% - 40% of his time looking for information locked in e-mail, documents, shared hard disks and filing cabinets.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• The average document is copied 9 to 11 times

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• Filing costs average $20 per document.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• When an employee leaves a company 70% of his knowledge walks out the door with him.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• We are approaching 4 trillion documents being stored by businesses and government agencies.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• Each four-drawer file cabinet holds an average of 10,000 to 12,000 documents, takes up to 9 square feet of floor space, and costs $1,500 per year.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• Every 12 filing cabinets require an additional employee to maintain.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• 18 minutes is the average search time for a document.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• Each misfiled document costs $125.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• Each lost document costs $350 to $700.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• More than 70% of today's businesses would fail within 3 weeks if they suffered a catastrophic loss of paper-based records due to fire or flood.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• Paper in the average business grows by 22% a year, meaning your paper will double in 3.3 years.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• 67% of data loss is directly related to user blunders, making them 30 times more menacing than viruses and the leading cause of data loss.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• At any given time, between 3 and 5 percent of an organization’s files are lost or misplaced.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• U.S. managers spend an average of 4 weeks a year searching for or waiting on misfiled, mislabelled, untracked, or ‘lost’ papers.

www.mintek.com I 1-800-789-7226

Source: AIIM, Forrester, Star Sec., US Dept Labor

• Large organizations lose a document every 12 seconds.

www.mintek.com I 1-800-789-7226

HOW MUCH TIME DO COMPANIES SPEND TRAINING

www.mintek.com I 1-800-789-7226Source: ELDC

• In the US, training has averaged between 2 and 2.5% of payroll for most of this decade, with leading companies spending as much as 3%.

www.mintek.com I 1-800-789-7226

Source: 2008 Corporate Learning Factbook

• The average spending per learner of $1,202 is roughly equivalent to last year. Spending varies significantly from industry to industry; the highest spending industry is finance & insurance ($1,061 per learner) and the lowest is retail ($594 per learner).

www.mintek.com I 1-800-789-7226

KNOWLEDGE LOSS & KNOWLEDGE TRANSFER

www.mintek.com I 1-800-789-7226

Source: Vermont Dept. of Human Resources

• It is important to capture existing knowledge in order to create smooth transitions and not impede organizational work and processes.... advances in information technology have created new means of knowledge transfer.

www.mintek.com I 1-800-789-7226

Source: Levine & Gilbert, CA at Berkely

• Knowledge transfer is only valuable when it is integrated into a set of policies for knowledge generation and capture.

www.mintek.com I 1-800-789-7226

ENERGY COSTS

www.mintek.com I 1-800-789-7226Source: EnergyStar

• On average, America’s 47,000 hotels spend $2,196 per available room each year on energy. This represents about 6 percent of all operating costs.

www.mintek.com I 1-800-789-7226Source: EnergyStar

• A 10 percent reduction in energy consumption would have the same financial effect as increasing the average daily room rate (ADR) by $0.62 in limited-service hotels and by $1.35 in full-service hotels.

www.mintek.com I 1-800-789-7226Source: EnergyStar.gov

• Studies have shown that commissioning can save a typical 100,000-ft2 hotel 10 to 15 percent of its energy costs, or roughly $20,000 per year.

www.mintek.com I 1-800-789-7226Source: EPA

• Buildings in the United States are responsible for 39 percent of US energy consumption in 2005 of that total commercial buildings accounted for 46.3 percent.

www.mintek.com I 1-800-789-7226Source: EPA

• Building occupants use 13 percent of the total water consumed in the United States per day. Of that total, 25.6 percent is used by commercial building occupants.

www.mintek.com I 1-800-789-7226

Source: Cadet:Maxi Brochure

• Energy consumption of HVAC systems in tourism accommodation accounts for about 50%, but including systems for domestic hot water it accounts about 62% of total energy consumption.

www.mintek.com I 1-800-789-7226

Source: The Aberdeen Group

• With nearly 13%of the average enterprise's spend dedicated to its real estate and facilities costs, the location and business support of locations has a significant impact on financial performance.

www.mintek.com I 1-800-789-7226

CMMS ROI CALCULATOR