Chapter 19
Asset Performance Optimization: Increasing Value by Extending Lifespans
IN THIS CHAPTER
Understanding how routine maintenance and preventative maintenance leave you exposed to risk and higher costs
Discovering how you can use AI to power predictive maintenance and increase the output of your high-value assets and machinery
Identifying the AI techniques that make predictive maintenance possible
Exploring asset performance optimization use cases for AI
They say if it ain’t broke, don’t fix it, but anyone with high-value assets, whether a fleet of bucket trucks or drilling rigs, knows preventive maintenance is much more effective than performing repairs reactively. Servicing equipment before it fails reduces costly downtime and extends its lifespan, thus stretching your resources as far as possible.
This concept certainly isn’t new. Routine equipment checks and preventive maintenance in general have been the responsibility of every maintenance department for decades. But here’s the good part.
Get Enterprise AI For Dummies now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
