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New – Article by Will Goetz
The Path to Prescriptive Maintenance – Three steps to drive reliability while preparing for IIoT
The Industrial Internet of Things (IIoT) will bring many benefits as it evolves and advances in the coming years. But today many companies worry about their readiness and feel overwhelmed thinking about the expense of preparations, particularly those organizations that are still moving from reactive and preventive to predictive maintenance (PdM). Now the topic is prescriptive maintenance, where analytics can show that a piece of equipment is headed for trouble and can prescribe prioritized, pre-determined, expert-driven mitigation or repair.
These ideas can be overwhelming, but in this case, as in most cases, planning rather than worry saves the day. Rather than attempting a heroic leap from reactive to prescriptive maintenance, reliability organizations and companies can perform many activities today to prepare for the IIoT and for prescriptive maintenance while simultaneously finding immediate reductions in maintenance costs and increased availability.
One of the most commonly cited benefits of the IIoT is the elimination of downtime, a direct improvement on production and profitability. But the benefit only comes as companies move away from old habits such as reactive or preventive maintenance and are prepared to act on detailed information that predicts asset failure.
To read the article, click here.
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