Category: Predictive maintenance

5 key predictive maintenance tools

5 key predictive maintenance tools

Are you still using scheduled maintenance to keep your system critical machines running? Are you treating critical machines like a car, scheduling an oil change? Worse, are you waiting for your machines to show signs of damage before intervening?

In the near future, the internet of things will be the norm. Interconnectivity is so ubiquitous that it has become unremarkable. Connecting equipment to the internet of things has never been cheaper or easier. Data has never been easier to collect and analytics have never been easier to understand. Every year, more and more tech-savvy employees join the work force.

In short, implementing predictive maintenance is easy now and it will only get easier.

This is not about selling anyone on the merits of predictive maintenance. We have already covered predictive maintenance. We have also covered what kind of maintenance is best for you. Instead, we will cover what predictive maintenance tools are available right now. Implementation of these tools, systems and techniques are already available.

A refresher on maintenance

If you saw the links but chose not to click them, here is a brief primer on different maintenance approaches. Read more

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

Predictive vs Preventive: A Maintenance Comparison Framework

Predictive vs Preventive: A Maintenance Comparison Framework

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