EASE-R3 mapped on
Economic sustainability

General desciption of Economic sustainability:

Economic sustainability is the component of sustainability where the focus is on commercial competitiveness and the ability to do be successful from the business perspective.

Relevant:

Comment:

Demonstrator 3 – Predict remaining useful life The level of confidence of prediction has been evaluated by inducing real machine failure, in order to compare prediction and actual failure. Avoid or better anticipating failures it will cost less then if the same failure occurs during normal operation also collateral damage like scrap parts will be reduced