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Predictive Maintenance as an Evolving Innovation
Oct 30, 2020 - Webcast
Innovations in smart and connected products, machine learning, and big-data analytics have profoundly transformed equipment lifecycle management via predictive maintenance. Predictive maintenance is a paradigm shift in equipment maintenance from the days of “fixing equipment when there is a failure breakdown” to now “predicting and addressing future equipment failure before it happens”. Predictive maintenance offers the competitive advantages of reduced operation downtime, lower maintenance cost, extended equipment life and increased productivity.