MORE4CORE report

The MORE4CORE-project consists of a benchmark study, that was conducted among industrial companies located mainly in Belgium and the Netherlands, in order to identify quantitative, as well as qualitative trends and developments in the field of maintenance and asset management. The study focused extensively on KPI performance measurements, the aging of assets, the technical condition of assets and asset risks, market integration and the outsourcing of maintenance, personnel trends within the sector and maintenance related innovations. The benchmark also unveiled that within the next 10 year, up to 44 percent of the industrial assets reach end of life. This means important investments will have to be made in reinvestments and lifetime extension programs in order to keep the industrial asset base running.