What damage can predictive maintenance prevent?

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Regular maintenance of machines and assets aims to keep them available and reliable. Unexpected outages still happen, though, causing unforeseen expense and lost productivity.

Implementing a predictive maintenance strategy means more than just using data-collecting technology.

Of course, preventive maintenance, such as cleaning, lubrication and overhauling, aims to address this on a time- or performance-based cycle. But there is a future-oriented strategy, predictive maintenance, which goes further, harnessing machine data to anticipate and avert issues.

Implementing a predictive maintenance strategy means more than just using data-collecting technology. Organizations have to define which data should be collected and how to analyze it automatically, and decide how and when to follow findings with actions. So predictive maintenance requires technical prerequisites as well as changes to the organization, processes and personnel skills.

Read the full article to learn more about the process and considerations for setting up a predictive maintenance strategy.

The article was written by:

  • Jan Siepmann
    Manager, Advisory — Manufacturing & Maintenance, Ernst & Young GmbH, Germany
  • Christian Franzen
    Senior Consultant, Advisory — Manufacturing & Maintenance, Ernst & Young GmbH, Germany

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