In a new FM Global survey of 200 business leaders from Fortune 500-size companies, 94% of respondents stated that critical equipment failure is a major concern. Secondarily, 84% report that cyber attacks on industrial control systems are also top of mind.
These findings are now available in a new FM Global report, "When Failure Is Not an Option: Fortune 500 companies weigh in on equipment failure."Download "When Failure is Not an Option"
"Equipment Failure is weighing on the minds of business leaders, and it should."Malcolm Roberts, executive vice president, FM Global
The purpose of this research was to understand the potential impact of equipment failure on large corporations. The report provides the latest insights on:
- Why equipment failures are rising
- The potential financial impact and business consequences of equipment failure
Research for this study of business leaders with corporate oversight was commissioned by FM Global and conducted in September 2019 by Engine, a global market research firm.
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