Predictive maintenance: One of the industrial IoT’s big draws
One subset of the internet of things – the industrial IoT – adds new capabilities to operational technology including remote management and operational analytics, but the number-one value-add so far has been predictive maintenance.
Combining machine learning and artificial intelligence (AI) with the deep pool of data generated by the flood of newly connected devices offers the opportunity to more deeply understand the way complex systems work and interact with each other.
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And that can promote predictive maintenance - with the ability to pinoint when components of industrial equipment are likely to fail so they can be replaced or repaired before they do, thereby avoiding more costly damage and downtime.