Uses data to predict equipment failures and schedule maintenance proactively.
What it Measures ?
Uses data to anticipate and prevent equipment breakdowns.
Relevant StakeHolders
Maintenance Head, Operations Lead
In-depth Use Case / Real-world Example
A company manufacturing engines uses Predictive Analytics for Maintenance to analyze sensor data from machines to predict when maintenance is needed before a breakdown occurs. For example, if the system detects unusual vibrations in a motor, it can predict a potential failure, allowing the company to schedule repairs during off-hours, reducing downtime and maintenance costs.
KPI Definition
Business Value
Movement Direction
Sample Formula
Cost Avoidance Achieved via Predictive Maintenance
By using this website, you agree to the storing of cookies on your device to enhance site navigation, and analyze site usage. View our Privacy Policy for more information.