The new digital service Predictive Maintenance (PdM) becomes more and more popular in production companies. The service is implemented in order to collect ans analyze the information on equipment condition for further predicting the terms of maintenance and preventing any production failures.
As distinct from the traditional preventive maintenance, the prediction is based on the data array and digital models rather than on average statistics. Collection and processing of current information, early detection of malfunctions and errors and optimization of resources are among the main PdM components.
According to Markets and Markets, the global market of Predictive Maintenance will reach US $ 1.9 billion in 2020 (against 582 million in 2015). Among the global key players – General Electric, Siemens, ABB, Emerson, IBM, SAS, Schneider Electric and other.