Restronics Northland
We take a consultative approach to representing our Manufacturer Partners. We are here to assist you in finding the solutions you're looking for regarding Printed Circuit Board and Medical Device Manufacturing.
I’d like to thank you for visiting the Restronics Northland website. We designed this site to be a source of information for all: Our Manufacturer Partners, our Distribution Partners, and ultimately, our Customer Partners.
This site is intended to educate, inform, and be a place to get and leave ideas. It is vial to me that the website is helpful to you. So, if you have any suggestions, things you want to find out about, or maybe you just want to leave a note, I encourage you to do so.
Sincerely,
-- Ralph
Ralph Savage
Managing Partner, Restronics Northland
Our St Cloud Team represents some of the leading product lines in the electronic manufacturing equipment and supplies industry.
Our mission is to find and represent the right solution for your medical equipment and electronic manufacturing equipment and supplies. We should get together and discover your needs.
Electronic Manufacturing Industry Stats and Growth Projections
Industry trends show that there are numerous of reasons why the industry is changing. The following are some influential stats that have been highlighted because of this. Some of the most notable include:- Hourly downtime impacts most businesses. 98% say it may cost them $100,000 or more per hour.
- Predictive maintenance could decrease expenses by 20%.
- Unplanned outages can be prevented with predictive maintenance by up to 50%.
- Many large companies, 72%, have to have 99.99% minimum uptime.
- Electronic manufacturing is expected to grow by roughly 8% by 2025.
- 50% of IoT spending is projected to focus on transportation, logistics, and discrete costs.
- 40% of IoT customers prefer dealing with an established company.
- 63% of companies believe IoT device investment will increase profitability.
- Three-quarters of companies will have digitized their supply changes by 2021.
- Close to one third of companies have already implemented IoT into their devices.