Installing a process analyzer in a sampling system is a sizable investment, and often, it is one that requires solid financial justification. Conducting a return on investment (ROI) analysis is one way to demonstrate to management and procurement teams that a process analyzer is making a positive impact.
It’s no secret that process analyzers are more expensive than other measuring devices within your sampling system. Some organizations and procurement managers require justification for such expensive equipment in the form of a return-on-investment (ROI) analysis. Fortunately, much of the current process analyzer technology delivers a truly amazing ROI. However, some can result in a negative ROI due to poor system designs.