New Total Economic Impact™ (TEI) study explores how Augury’s Machine Health and Process Health solutions deliver fast, significant, and measurable ROI for manufacturers.

Augury, a leader in Industrial AI solutions for asset reliability and process optimization, unveiled the findings of a newly commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting. Through comprehensive customer interviews and financial analysis, Forrester found that Augury’s Machine and Process Health solutions provided a 310% return on investment over three years with payback in less than 6 months.

While many manufacturers have struggled to move AI initiatives beyond pilots or realize financial impact, the Forrester study shows Augury helped its customers achieve dividends from their investment, at scale, breaking away from the industry trend of failed AI rollouts without ROI. Augury believes this research independently validates that companies can realize ROI and business value that impacts both the top and bottom lines.

"Manufacturing is under immense pressure to become resilient and agile under extreme uncertainty, achieving more with less – less budget, fewer people and overall limited resources," said Saar Yoskovitz, CEO and co-founder at Augury. "Too often, promises of AI fail to alleviate this pressure, and in some cases have even made it worse by eroding trust and undermining critical change-management efforts. We believe the Forrester TEI study demonstrates that with our proven AI solutions and change management frameworks, processes, and teams, manufacturers can avoid risk, meet market demand, and drive productivity gains by unlocking unrealized capacity that already exists in their factories with Augury.”

An interviewee at a global food and beverage manufacturer shared that over a three-year deployment across multiple sites, Augury’s Machine Health solution helped avoid approximately 10,000 hours of unplanned downtime, resulting in the recovery of over 25 million pounds of product that would have otherwise been lost. A CEO at a mining and metals manufacturer stated, “We had already made big improvements, but we were hitting a ceiling; we couldn’t control the system tightly enough to reach theoretical throughput. With Augury’s Process Health, we can now run at higher throughput when sold out, lower cost when not, and switch between modes on the fly.”

Forrester compiled the TEI study following interviews with Augury customers from varied industries, with experience using its Machine and Process Health solutions. The experiences and statistics of each company were combined to create a single composite organization, profiling as a large U.S.-based manufacturer with an annual revenue of $20 billion.

Key insights from the Forrester TEI study on Augury’s Machine and Process Health solutions include:

• Generated a $20.1 million Net Present Value (NPV) and realized a payback period of less than six months. These results contributed to a 310% return on investment (ROI) over three years, underscoring the significant business impact enabled by Augury's platform.
• Saved $16.8 million over 3 years from reduced unplanned downtime. By implementing Augury’s Machine Health monitoring to proactively address equipment issues, the composite organization significantly reduced unplanned downtime across its manufacturing sites.
• Reduced maintenance spend by 15%. By leveraging Augury’s continuous asset monitoring, the composite organization can shift from reactive to proactive maintenance and optimize resource allocation. This resulted in $1.5 million in savings over three years.
• Profit gains from a 5% incremental throughput. The composite organization also saw a 5% increase in throughput by reducing production bottlenecks and inefficiencies.

Beyond quantified financial gains, Augury’s solutions also deliver significant value through workforce upskilling, employee productivity, improved sustainability, and workplace safety.

When interviewed by Forrester, a food and beverage technology executive and customer shared, “Employees truly have someone in their back pocket to go to for answers or for directed assistance to be able to perform their job better. That's a massive kind of comfort level that's being provided to employees on the ground…”

To learn more about Augury, visit www.augury.com. To access the full findings from the study, visit: www.augury.com/collateral/total-economic-impact-of-augury/.

About Augury

A leader in Machine Health and Process Health solutions, Augury uses purpose-built AI technology, trained by industry experts and the world’s largest data library, to help manufacturing and industrial companies eliminate production downtime, improve process efficiency, maximize yield, and reduce waste and emissions. Together with our customers, we are pioneering Production Health to transform how people and machines work together to push the boundaries of human productivity. For more information, visit www.augury.com

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