When considering the ways in which businesses can further drive their success, few would think about more optimally maintaining their machinery. However, with the right maintenance strategy, businesses could actually be setting themselves up for long-term success. For example, with preventive maintenance, businesses are establishing a predetermined schedule intended to discover potential issues in their machinery before they have the chance to cause a disruption. As a result, preventive maintenance helps to minimize downtime, extend equipment life and add resale value. On the other hand, it does add to the asset’s cost of ownership and varies based on the type of machinery as some older machinery may require more preventive care than its newer counterpart. The alternative to preventive maintenance, is predictive maintenance using analytics tools. Using specialized software and artificial intelligence, predictive maintenance monitors the condition of in-service assets using sensors to supply data in real-time. Analysis of this data is used to predict when the asset will require maintenance. The goal of this approach is to potentially save costs over routine or time-based preventive maintenance by performing tasks only as warranted. This saves a great deal of money and maintenance resources over the long-term. To learn more about how businesses continue to approach their machinery maintenance, read on to the coupled infographic.
Low Or No Maintenance Industrial Machinery provided by FLEXIM, an organization offering an industry leading flowmeter for steam