Businesses across a wide range of industries rely largely on machinery and equipment for their operations in today’s data-driven environment. Due to unanticipated downtime and expensive repairs, unexpected failures or breakdowns can cause large financial losses. However, predictive maintenance has become a potent tool to reduce such hazards as a result of developments in data science and machine learning. Using sensor data and machine learning techniques.
In this post, we’ll study the concept of predictive maintenance and demonstrate its potential applications.
Predictive Maintenance Overview
In predictive maintenance, models are created that predict when a problem is likely to happen by using historical sensor data from machinery or equipment. Businesses may proactively schedule maintenance tasks, prevent unanticipated breakdowns, optimise resource allocation, and cut costs by analysing patterns and spotting early warning indications.