Predictive Maintenance Market: How Machine Learning Is Changing the Economics of Equipment Servicing
What Is Predictive Maintenance? Predictive maintenance is a proactive equipment-servicing strategy that uses IoT sensors, machine learning, and real-time analytics to detect early warning signs of mechanical failure — before that failure actually happens. Instead of servicing a machine on a fixed calendar schedule (preventive maintenance) or fixing it only after it breaks (reactive...
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