Enterprise Internet of Things Handbook

Predictive maintenance

Scheduled maintenance is something that has been happening for a long time. Most of the equipment that we see is maintained on a schedule rather than on the basis of its actual working life. This is where IoT comes in with a concept of predictive maintenance.

Imagine if you could predict a machine failure even before it happened. Isn't that what every business wants: to have literally zero downtime in their manufacturing process?

Imagine a factory that needs to manufacture 1 million ice-cream sandwiches per day and the factory throughput is exactly 1 million ice-cream sandwiches per day. What is percentage of error allowed? ZERO! Right?

This is where the world of predictive maintenance comes into the picture by continuously ...