Switzerland, Oct. 14 -- A new global report from ABB, developed in partnership with Sapio Research and based on a survey of 3,600 senior decision-makers across multiple sectors, finds that just over half of respondents (55%) have a strategic and proactive plan to modernize facilities and manage out obsolete components like old motors and drives.Despite growing awareness, the data highlights that 44 percent of leaders experience equipment-related interruptions at least monthly, with 14 percent reporting stoppages every single week - implying major financial and operational risks. The majority estimate these sudden disruptions cost anywhere from $10,000 up to $500,000 per hour. For 7 percent, the figure climbs even higher.The report reveals k...