Category: Predictive maintenance

Predictive maintenance – Increase uptime while reducing maintenance costs

Predictive maintenance – Increase uptime while reducing maintenance costs

Are you working for an industrial company that is discarding most of its data? Are you wondering whether that data is valuable? We can help you decide.

Advanced equipment such as Internet of things (IOT) and Industrial Internet of things (IIOT) and robots are generating more data than ever before. However factories’ analytics capabilities have not caught up to this. According to Fero Labs  manufacturing companies discard 98% of all the data they can collect because they do not have the operational analytics capabilities to integrate that data in their operations. Read more

Framework to pick your maintenance model: PdM vs preventive

Framework to pick your maintenance model: PdM vs preventive

As you can see above, if setting up analytics is not more costly than reduced uptime, then predictive analytics is the solution.

Let’s look at why. Most executives are not clear on how predictive is different than preventive maintenance they have been conducting for years. Both approaches aim to prevent unexpected breakdowns, increase uptime and useful life of machines. However, they have different cost structures and they require different capabilities from the organization.

Let’s start with the definitions to clarify misunderstandings: Read more