How to avoid unscheduled downtime?
CONFIDENTIAL - Applying prescriptive maintenance
The goal of prescriptive maintenance is to increase the asset lifetime by preventing breakdowns and excessive depreciations.
As the capability to collect real-time data (IOT) increases, and the processing power to execute more complex analysis is becoming a commodity, prescriptive maintenance becomes the standard.
Machine learning and artificial intelligence (AI) provide more than monitoring and simple recommendations, they determine what upfront actions to take to ensure process continuity and avoid significant downtimes.