Business Process Optimization
Predictive maintenance is a proactive approach to maintenance that uses data analysis and monitoring tools to predict when equipment failure might occur, allowing for timely interventions before actual failures happen. By leveraging various technologies like IoT sensors, machine learning, and data analytics, this strategy aims to optimize equipment performance and reduce downtime, making it particularly valuable in service industries and during the digital transformation era.
congrats on reading the definition of Predictive Maintenance. now let's actually learn it.