Core Insights - John Crane, a leading global provider of rotating equipment solutions under Smiths Group, has launched Performance Plus™, a modular service framework aimed at optimizing operational strategies to achieve measurable performance improvements [1][2] - The introduction of Performance Plus™ is a significant step for John Crane in helping industrial clients enhance asset performance, reduce carbon emissions, and comply with stringent regulatory and sustainability requirements [1] Group 1: Performance Plus™ Framework - Performance Plus™ is designed to address the economic losses of up to $50 billion annually in the industrial manufacturing sector due to unplanned downtime, with equipment failures accounting for over 40% of these losses [1] - The framework is led by a team of engineers from over 200 service facilities across 50 countries, combining local expertise with global resources to provide highly customized service solutions [1][2] Group 2: Key Components of Performance Plus™ - The framework integrates three main pillars: - Data-driven condition monitoring through advanced diagnostic tools like John Crane Sense® Turbo, which has achieved over 1 million hours of remote proactive monitoring, demonstrating the value of predictive maintenance and digital innovation in turbomachinery [2] - Expert technical consulting that simplifies complex maintenance decisions based on real-time data, enabling clients to make smarter, more efficient, and sustainable operational choices [2] - Skills enhancement and training support through systematic training programs to ensure client teams possess the knowledge and capabilities to maintain equipment performance, safety, and operational efficiency over the long term [2] Group 3: Long-term Service Agreements - The Seal Reliability Management Contracts serve as long-term service agreements that help clients achieve continuous reliability improvements and predictable maintenance costs through proactive sealing monitoring and technical support [2] - John Crane emphasizes that industrial services should not exist in isolation, and Performance Plus™ offers an integrated, customer-centric service approach that combines intelligent technology, data insights, and human expertise to ensure smooth, reliable, safe, and sustainable operations [2]