Research & Best Practices

Transforming from PM to PdM: Why factories are making the switch

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Forbes Magazine did a study and found that one in three dollars used to do PM type maintenance is wasted. Meaning we are replacing parts that don’t need to be replaced, taking down machines that don’t need to be taken down, etc., and a shift to condition-based maintenance alleviates this waste. In comes Predictive Maintenance (PdM), a more efficient, data-driven method for identifying failure and managing equipment maintenance to maximize production, safety and efficiency while ensuring ideal operation and reliability of equipment.