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Senseye announces ROI Lock initiative to guarantee manufacturers ROI

30 June, 2020
1 min read
Senseye announces ROI Lock initiative to guarantee manufacturers ROI
Senseye announces ROI Lock initiative to guarantee manufacturers ROI
ROI Lock is supported by an AA- rated global reinsurance company and will apply to eligible customers monitoring 50 or more assets for a minimum of 12 months.

July 1, 2020 - Senseye , the industrial software company, has guaranteed that it will save manufacturers and other large industrial organizations money using its Predictive Maintenance (PdM) solution. The firm has launched ROI Lock, a pioneering initiative to provide customers with a full refund if the savings achieved by avoiding unplanned downtime do not exceed the cost of their PdM subscription within a year. ROI Lock is supported by an AA- rated global reinsurance company and will apply to eligible customers monitoring 50 or more assets for a minimum of 12 months.

Senseye estimates that more than two-thirds of large industrial organizations are currently evaluating PdM and is launching this initiative to provide them with greater confidence to move from proof-of-concept projects to large-scale PdM deployments. Senseye PdM is used by a growing number of industrial organizations, including top Fortune 500 companies, to monitor and predict asset condition automatically, at scale and in real-time.

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