Machine Manufacturer, Industrie 4.0 Benefits, Predictive Maintenance, Component Manufacturer
Everyone in the industrial manufacturing community has heard stories about downtime. But for those who have lived it, statistics such as one hour of downtime cost manufacturers up to $260,000 per hour or two million dollars in 4 hours do not tell the entire story. Aside from monetary losses, the...
Machine Manufacturer, Industrial Cloud Computing, Industrie 4.0 Benefits, Predictive Maintenance, Component Manufacturer, Systems Integrator
In this article, we will review what the term predictive maintenance refers to. Machine manufacturers, component manufacturers and system integrators can utilize this article as a guide to gain further understanding of what predictive maintenance is all about. We will discuss the differences...
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