Why You Need a Time Series Database for Predictive Maintenance
In the industrial sector, unplanned downtime can lead to significant financial losses. Predictive maintenance offers a solution to this problem by identifying potential issues before they cause disruptions.One crucial component of an effective predictive maintenance system…
Elevating Predictive Maintenance: The Transformative Impact of IIoT
In the bustling arena of the industrial landscape, the repercussions of unplanned downtime resonate deeply. According to a study by Aberdeen Research, unplanned downtime can cost a company as much as $260,000 an hour. Such challenges…
Is predictive maintenance at a dead end?
Predictive maintenance has become a standard phrase in the equipment business and it is taking hold with OEMs. However, maintenance teams are not seeing much use for it. For them, “predictive maintenance is like chasing one’s…
How to achieve Overall Equipment Effectiveness (OEE) using Real-time Maintenance (RtM)
What if your production equipment was always available as planned? What if your cycle time was never compromised because of a damaged machine? What if your production equipment self-detected and alerted you of quality defects? Applying…
Industry Digitalization, Data-driven Process Optimization and Environmental Best Practices
In these times, there is no doubt that the advancement of digitalization in industry makes possible connected products and processes that help people, materials, energy, plant and equipment to be more productive and efficient. The repercussions…
How to Minimize Asset Failure with Predictive Maintenance
Existing maintenance solutions limit production. With the legacy tools and processes at their disposal, manufacturers commonly take reactive or scheduled maintenance approaches that present a multitude of challenges: Existing Maintenance approaches are costly: Up to $1.3M per hour…
Maintaining Factory Efficiency in a Crisis through Remote Monitoring
The World Health Organization’s (WHO) announcement about Covid – 19 reaching pandemic levels triggered responses across the industrial world. In industrial manufacturing, shop floor activity hit its lowest levels since the Second World War and in…
7 Business Reasons to Develop a Predictive Maintenance Program
Predictive Maintenance allows you to offer new services to customers, where you use realtime data and insights from your deployed base of units to distance yourself from the competition and create enhanced customer value. Predictive Maintenance…
How IoT Supported Maintenance Improves Product Quality
The number of possible applications of IIoT grows every day, and this trend isn’t likely to change anytime soon. The latest numbers estimate that the combined IoT markets will reach a staggering $520B by 2021. An…
Remote Machine Monitoring: A Game-Changer for Machine Builders
An issue in manufacturing that is singular to machine builders is the speed with which they can respond with service to the machines, in the case of a failure. In the past, this has usually meant…