Total Cost of Ownership
Let’s take a hard look at the real costs of pump ownership.
For many plant managers, this pie chart can be a real eye-opener. Based upon
real-world data, the pump price is only a small fraction of the total cost of
pump ownership. The initial modest cost is the responsibility of a purchasing
agent. But the rest is under your control.
Over 60 percent of a pump’s total life cycle cost is maintenance, energy and
downtime. Fortunately, ITT can put you in control of these variable costs.
In a typical case, ProActivitySM can return savings of up to 25 percent annually.