Predictive modeling helps companies optimize their internal operations, improve customer satisfaction, manage budgets, identify new markets and anticipate the impact of external events, among other ...

Predictive maintenance needs to be more than mere prediction to be effective—it needs to link to specific MRO actions. Credit: Lufthansa Technik Big data, the Internet of Things, digital twinning and ...

Predictive maintenance is preferred over preventive maintenance for critical assets, but the correct application of advanced analytics is required to realize full value. Power plants of all types have ...

Toyota Motor Corp. is no different than any other company. Like the rest, the automaker wants maximum uptime at the least cost possible. But it differs from many manufacturers in that it has an ...

Predictive maintenance, based on more and better sensor data from semiconductor manufacturing equipment, can reduce downtime in the fab and ultimately cut costs compared with regularly scheduled ...

A new year and decade provide an occasion for predictions regarding the state of analytics in the process industries. After three decades of data generated by digitizing control systems, stored in ...

Time and again, malfunctions in devices inside a building like HVAC, elevator, refrigeration, and other building systems can lead to severe operational disruption, resulting in increasing maintenance ...