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BEST PRACTICES IN PREDICTIVE MAINTENANCE FOR CONNECTED INDUSTRIAL EQUIPMENT

10 October 2016 /Mark Benson

Published in Industrial Equipment News:

ABSTRACT: Preventative maintenance programs are expensive, but downtime caused by equipment failures are even more costly. In this high-stakes endeavor, customers of industrial equipment manufacturers are looking for more visibility into machine health and especially, predicted machine health. This phenomenon is creating an opportunity for industrial equipment manufacturers to create differentiated and smart connected machines that provide granular machine health data that can be used to reduce operational expenses, increase product and process quality, and improve overall corporate competitive position.