The Industry 4.0 market is experiencing rapid expansion. Companies that hesitate to embrace the next step in this revolution will find themselves lagging in the long run. Within this context, predictive maintenance presents a significant opportunity for machine manufacturers. Let us guide you through key considerations and strategies to achieve optimal return on investment (ROI).…
Tag: Digital Business Model
Mind the gap! Why Predictive Maintenance is key for process critical machines in the heavy industry.
Mind the gap! With auxiliary equipment it is similar to a car's windshield wiper: It is classified as non-critical until it stops, forcing you to stop… So, auxiliary equipment can be process critical for the whole production. Therefore, constant monitoring of it and its key components is unavoidable to ensure maximum machine availability and reliability.…
Market differentiation – how machine manufacturers can stand out from the market with Predictive Maintenance
With the transforming global markets and market comparability, market rules constantly change – also in the heavy industry. Production plants expect high machine reliability, state-of-the-art products and services, as well as cost-efficiency. The pressure in the heavy industry is high, so are the expectations. Machine manufacturers face the challenge of increased competition, low-cost suppliers, interchangeable…
Predictive Maintenance – how to get there and arrive. What a city trip has in common with Predictive Maintenance.
The world is constantly changing, and digitalization is one of the factors that is driving changes in various industries and sectors. Digitalization refers to the use of digital technologies to enhance or automate processes, and it has had a significant impact on the way we live and work. Inspired by the London trip, Michael explains…
Cloud vs. Edge Computing – Why a hybrid version will do its best for your Predictive Maintenance Solution
To build a global industrial IoT solution, the considerations of system architecture must choose between a centralized and a distributed data processing allocation. That is to choose between cloud and edge computing. On an earlier article, we have presented the main challenges when building a global industrial IoT solution and highlighted the benefits of cloud…
The newspaper at the front door is not enough. Change your business based on Predictive Maintenance.
IoT and Predictive Maintenance technologies open new doors to new business models. Thanks to these technologies, machine data can be made available 24/7 and allow machine manufacturers to learn from data to create added value for their customers with new products and unique services. However, many people doubt the benefits promised by Predictive Maintenance. Implementing…