Predictive analytics
Predictive analytics is the basis of predictive maintenance. At this stage, we are using analytics to help answer, what will happen next? It can also be about predicting when it will happen. Let's go back to the airline engine example. If a pilot or an airline continues to climb to cruise altitude faster when operating in a hot geography, say Phoenix, Arizona in summers, then what is the expected impact to the engine say over a period of 2 years. Likewise, the airlines may want to predict when would be the right time to take the engine off the wing of the aircraft for servicing it, before it contributes to any unplanned downtime time.
Manufacturers and operators of the industrial assets often install sensors in equipment ...
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