What Does Predictive Maintenance Mean?
Predictive maintenance (PdM) is an approach to asset management that relies on operational data to determine when a physical asset requires service. An important goal of PdM is to minimize maintenance costs by preventing equipment failures before they occur.
Techopedia Explains Predictive Maintenance
Predictive maintenance focuses on predicting when device failure will occur and preventing that occurrence of failure with the help of maintenance monitoring so that maintenance can be planned before an issue manifests. The solutions are used for detecting failure patterns or anomalies, but are only deployed when there is high probability of imminent failure. This helps in deploying limited resources, maximizing device or equipment uptime, enhancing quality and supply chain processes, and thus improving the overall satisfaction for all the stakeholders involved.
