6 Things to Keep in Mind When Switching to Predictive Maintenance

Predictive maintenance (PdM) is a proactive, data-driven maintenance approach to monitoring real-time equipment operating conditions, to predict possible equipment failure and establish efficient maintenance schedules. It continues to gain popularity over traditional methods, such as six sigma and lean management, as a tool for driving industrial efficiency. PdM systems are capable of reducing maintenance costs by 12%, improving equipment uptime by 9%, extending equipment lifetime by over 20% and minimizing health, environmental and quality risks by 14%.