The ROI tool measures savings in terms of reducing unscheduled downtime, reducing errors, managing automation programs to enable reuse of existing logic, and numerous other benefits that increase safety and productivity.
MDT Software, the world leader in change management solutions for automated manufacturing assets, today announced that it has released its ROI calculator online, so all automation users can easily calculate the cost savings related to quick recovery from lost code incidents, revenue gained from increased production and more. MDT created the AutoSave ROI calculator years ago to help prospective customers understand the value of effectively managing automation changes. The availability of this tool on the MDT website expands the usability of this tool to all users of plant automation.
The calculator is available in the Tools & Resources section of the MDT website: www.mdt-software.com/roi/. This ROI tool is intended to provide a general understanding of the costs associated with maintaining and protecting the intellectual property within a company's automation fr amework. Areas covered include the estimated time to create new revisions of software code, the estimated manpower required to facilitate accurate backups of the automation code and the estimated real cost of a downtime incident related to the loss of intellectual property.
“Calculations have shown that AutoSave customers can typically achieve a return on their investment within a few months,” said Gary Gillespie, Vice President, MDT Software. “Using standard industry data, or your organization's cost factors related to automation, your company can use the MDT ROI calculator to determine the return on your investment and savings related to both operating costs, and recovery from common plant malfunctions or errors.”
More proof of AutoSave's value can be found in the Tools & Resources section of the MDT website including customer case studies and application stories.
About MDT Software, Inc.
MDT Software is the world leader in change management solutions for automated manufacturing devices. MDT's flagship product, AutoSave, empowers users to protect, save, restore, discover, and track changes in industrial programmable devices and plant-floor documents. AutoSave supports the most comprehensive range of devices and editors in the industry from Schneider Electric, Siemens, Mitsubishi, GE, Rockwell Automation and others. For more information on MDT and AutoSave, visit www.MDT-Software.com.