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Cost Considerations for Maintenance 4.0 Industrial Analytics

Cost Considerations for Maintenance 4.0 Industrial Analytics

According to some industry analysts, global companies will spend over $900 billion per year on Industry 4.0 digitalization.  In an era of disruptive technologies, it often takes discipline to overlook hype and delay investments.  In this article, I review the cost of...
Acquisition of Predictive Maintenance Startups Limits Industrial Plants’ Options

Acquisition of Predictive Maintenance Startups Limits Industrial Plants’ Options

Five years ago, the Working Group on Industrie 4.0 presented their report at the Hanover Messe Fair in Germany. This deceptively low-key event marked the start of the fourth industrial revolution. In the subsequent period, Industrie 4.0 or Industry 4.0 has gone from a...
Maintenance 4.0:  Who are the Winners and Losers?

Maintenance 4.0: Who are the Winners and Losers?

Maintenance 4.0 combines   Machine Learning based Predictive Maintenance, Automation of Failure Reporting, Scheduling, Parts Management etc., and Robotics/Drone Assisted Repair. The adoption of Maintenance 4.0 has broad implications for the industrial sector.  We do...