Predictive maintenance is more than just a technology—it’s an entirely new approach that empowers organizations to engage in proactive maintenance.

Predictive maintenance of equipment based on artificial intelligence models holds great promise. An asset management system could alert a plant or facilities manager that a piece of equipment is about to fail. However, predictions are only as good as the data they are based on. A false alarm triggered by a lack of data or inaccurate data can lead to incorrect actions and additional costs. Bottom line: predictive maintenance will only be able to predict those problems for which it already has accurate data.