Internet of Things means that today, every part of a system is capable of collecting and sharing data on how it is operating. Each data point can be measured, collated and analyzed using Machine Learning models, which can predict any aspect of the operation based on the acquired data.
In-depth simulations help understand the effects of missed or late deadlines, and remedial actions can help avert adverse situations. Going forward, Big Data driven analysis, is going to increase in prominence in optimizing processes and, an organization’s drive to grow will depend on this data and how they utilize it.
IoT and Machine Learning enable collection, prediction, and simplified predictive maintenance facilitating the Industry 4.0 revolution.
Maintaining machinery is cost effective when done timely. Predictive maintenance ensures the work doesn’t happen too soon or too late, optimizing machine run times.
Increase ROI on preventive maintenance by using Machine Learning models fine-tuned to business objectives helping significantly cut costs and business impact as a result of downtime.