Capitalizing on Predictive Maintenance (PdM) Benefits in Manufacturing

With the advent of Industry 4.0, new technologies — such as smart sensors, the Internet of Things (IoT), data analytics and machine learning — have emerged, enabling new approaches to equipment and plant maintenance for the manufacturing industry. Predictive maintenance (PdM) is one such approach that has grabbed the attention of manufacturers because it allows them to optimize their dollars spent on maintenance while maximizing productivity.

This article explores the operational and financial benefits of PdM and suggests ways an organization can deploy a PdM solution successfully.