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Will Machine Learning Predictive Maintenance Kill Statistical Modelling and MTBF?

Will Machine Learning Predictive Maintenance Kill Statistical Modelling and MTBF?

Industry 4.0 is the term used for the fourth industrial revolution. If we view revolution as a disruptive change that emerges from the re-ordering of established hierarchies, then what is the future of Statistical Process Control analysis in the new industrial era? To...
Functional and Non-Functional Requirements for Machine Learning Predictive Maintenance Solution

Functional and Non-Functional Requirements for Machine Learning Predictive Maintenance Solution

With the proliferation of vendor solutions in the Industrial Analytics marketplace, it may be tempting to bypass the Business, Functional and Technical Requirements phase of the purchase process. The danger of diverging from standardized requirements and due diligence...
Can Machine Learning for Industrial Analytics Improve Industrial Safety Standards?

Can Machine Learning for Industrial Analytics Improve Industrial Safety Standards?

Work-related accidents and fatalities are a cause for global concern. According to the International Labour Organization, 612 workers have a work-related accident every minute. Over 1 million work-related fatalities occur each year. This article will explore the...
The Business Case for IIoT Predictive Maintenance:  Improved Wrench Time

The Business Case for IIoT Predictive Maintenance: Improved Wrench Time

The business case for Industrial Analytics for Predictive Maintenance is intuitive and relatively easy to justify.   There are numerous studies and data to demonstrate the potential revenue gained by increased uptime across a wide range of industries.    The most...
The Case for Predictive Analytics:  How Machine Learning for Asset Maintenance Can Extend the Life of Industrial Equipment

The Case for Predictive Analytics: How Machine Learning for Asset Maintenance Can Extend the Life of Industrial Equipment

Industry 4.0 observers tend to analyze the impact of Industrial Analytics for Predictive Asset Maintenance on yield rates, asset downtime and O&M expenditures.  One of the most overlooked financial benefits of Industrial Analytics is the potential for delaying and...