Over the last few years, the Information technology industry has seen a significant evolution in data mining, machine learning, and IoT field. Do you know one of the usual things that connect all the domains? It is the predictive maintenance that binds them together. It predicts based on gathered data through the sensors and conditions that are predefined.
Most of the hardware and software service markets rely on the latest equipment that can handle their service more effectively and on time. And depending on these types of machinery comes at a risk that if anything goes wrong, the cost that they may end up paying will be huge, and the client will also get unhappy, and there may be a risk of losing the contract all over. Some of the companies choose preventive measures to ensure that nothing goes wrong or even reactive maintenance that can be pretty risky for the revenue. But with the evolution, companies are more heading towards different approaches that helps them to predict in advance before it fails.
Services And Analytics:
Data gets accumulated for the analytics purpose, which may include the physical condition of the system, ultrasonic temperature, sound, and thermal images as well. This data gets gathered so that the application can monitor the equipment with advanced applications that can allow predicting by the history and present analysis of the system. The sensors can collect any malfunctioning or any equipment that needs urgent care.
Software Applications And Tools:
These applications and tools are required to monitor the equipment with the help of smart devices and IoT, which will give the numerical correlation data for easy prediction, and that will end up saving a lot of time and cost.
Benefits Of Predictive Maintenance:
- Reduced overall cost and energy efficiency get increased significantly in the long run.
- Any unexpected failure gets reduced to a significant percentage.
- Repair time gets lower as the issue gets resolved before anything goes wrong.
- Keeping up the stock for the spare parts decreases significantly, as you may know in advance if you will require a particular system or not.
- Machinery uptime increases by 30-35%.
It is difficult to predict the exact percentage or a numeric value for these as every machine is unique, and the development for them is different.
- Manufacturing And Internet Of Things
- Automobile Industry
- Insurance Companies
- Suppliers Industry