BREAKING THE TRADEOFF WITH PREDICTIVE MAINTENANCE
September 28 2021
The ability to process real-time data analytics for condition monitoring of equipment or assets & anticipating or eliminating the probability of the asset breakdown is termed as Predictive Maintenance.
By 2023, the global projections state that close to 83% of the manufacturing units will be incorporating predictive maintenance for shop floor activities. Additionally, predictive maintenance is one of the value propositions of Industrial IoT technology which is catalyzing industrial automation across geographies.
UNLEASHING THE POWER OF PREDICTIVE MAINTAINANCEMost of the big players in the industrial B2B market have admitted that predictive maintenance has boosted the overall equipment efficiency and skill set of technicians. Predictive Maintenance in the Industrial IoT applications can leverage the data from meter readings, sensors, voltage readings, alerts & alarms triggered in case of operational errors, and much more.