Predictive Maintenance is Shaping the Future of Industry
A major shift is underway in the field of industrial maintenance.
In this issue of Maintworld Magazine, we explore the game-changing role of predictive maintenance and its impact on modern industry.
Manufacturing and industrial landscapes have evolved massively over the past few decades. Reactive fixes are no longer viable in today's cost-sensitive and safety-conscious environments. Adopting predictive maintenance is also no longer a choice for manufacturers who want to succeed. It's a necessity.
Predictive maintenance helps companies avoid costly unplanned downtime. According to a Deloitte report, on average, predictive maintenance increases productivity by 25%, reduces breakdowns by 70% and lowers maintenance costs by 25%. However, implementing predictive maintenance is not without hurdles for many manufacturing companies. It requires massive investments in new technology, data management systems, security measures and a change in maintenance culture.
In this issue of Maintworld Magazine, we bring you interviews with industry leaders, expert insights, and the latest technology trends. I particularly recommend reading the article “Celebrating Synergy: Asset Social Networks Unleashed” written by Professors Diego Galar, Ramin Karim and Uday Kumar from the Luleå University of Technology in Sweden. This article examines the future of industrial systems.
“Prognostics and Health Management (PHM), and Condition-based Maintenance (CBM) have eclipsed traditional reactive and scheduled maintenance, particularly for high-value critical assets. Yet these methods grapple with a significant limitation: they are typically engineered to maintain individual assets, not the interconnected web of assets integral to manufacturing,” the article states.
Maintworld invites you now to join the conversation. Your unique insights on themes related to industrial maintenance can help shape the future of our industry. We want to be the platform for you to share your experiences, knowledge, and ideas to inspire, educate and empower others.
To submit your expert article, or learn more about this opportunity, please contact the Editor in Chief of Maintworld at firstname.lastname@example.org. We look forward to hearing from you and featuring your non-marketing, expert article contributions in our upcoming issues!
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