Predictive Maintenance Requires Accurate Data
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.
Read MoreDIU Brings Predictive Maintenance to the Navy
The U.S. Navy is planning to use artificial intelligence-based predictive maintenance. The technology aims to eliminate unplanned downtime for critical shipboard systems powered by pumps and motors. Failure of such devices in a land-based plant or facility is disruptive enough. At sea, and in combat situations, breakdowns can endanger the crew. The initiative, which is headed by the Defense Innovation Unit, builds on previous Department of Defense AI-based predictive maintenance programs for the Army and Air Force.
Read MoreAsset Tracking: Material Handling Benefits | Material Handling Management
Asset tracking through materials handling helps companies make efficient use of resources at every step, from supply chain to consumer returns. Barcodes and RFID technology are affordable asset tracking solutions that roll out easily and deliver actionable, accurate information. When paired with software tracking tools, asset tracking makes it possible to allocate and redirect resources with maximum effectiveness.
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