Predictive maintenance can save millions for process manufacturers

Predictive maintenance, or PdM, is a rising star for process plants. It’s a new approach to maintenance planning that uses industrial Internet of Things (IIoT), big data, and machine learning to track the condition of plant equipment and detect the first signs of impending part failure. Predictive maintenance is a specific application of predictive analytics for plant equipment. By issuing early alerts about potential failures, PdM enables maintenance crews to schedule repairs before the part breaks down entirely, at a time that’s convenient for them. PdM really showed its worth during COVID-19, as many plants operated on a skeleton staff… [Continue Reading]