Understanding cost of ownership for motors and drives

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Cost of motors and drives extend long beyond the purchase order, and if those doing the specifying of the motor-drive system do non consider reliability, downtime, maintenance, warranty and other product-lifecycle costs, they ignore the bigger picture. Higher operating efficiencies significantly reduce operating costs of motor-drive systems. Ensure an organization’s cultural factors don’t get in the way of total-cost-of-ownership decision-making.