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Manufacturing Technology Insights | Friday, August 09, 2024
An effective predictive maintenance program prevents failures by performing maintenance and repairs before they occur. Identifying issues that lead to inefficient equipment performance is also helpful in optimizing performance.
Fremont, CA: Predictive Maintenance is becoming increasingly popular in industries like manufacturing and automotive. Through the Internet of Things (IoT), proactive maintenance - including predictive and preventive measures - has fueled the Industrial 4.0 revolution.
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This innovative, data-driven maintenance strategy benefits manufacturing greatly:
● Competing effectively
● Cost reduction
● Enhancing efficiency
● The skills and labor gap must be addressed
● Reducing disruptions in the supply chain
Manufacturing, however, is not the only sector to benefit from these benefits. Smart buildings and predictive maintenance can offer similar benefits to building and facility operations, according to experts in the field. The built environment, however, isn't as advanced as the manufacturing and automotive sectors. A key first step to pioneering predictive maintenance adoption in the built environment is to understand its benefits when applied to real estate operations.
Why is predictive maintenance beneficial?
An effective predictive maintenance program prevents failures by performing maintenance and repairs before they occur. Identifying issues that lead to inefficient equipment performance is also helpful in optimizing performance. By reducing unnecessary inspections and repairs, targeted maintenance can prevent serious and complex problems from occurring in the future.
Downtime is reduced
By reducing planned downtime and preventing unplanned downtime, predictive maintenance empowers engineering teams. Predictive maintenance shortens equipment downtime while minimizing disruptions by scheduling downtimes around usage.
Control of budgets
Maintenance budgets can be controlled more effectively by real estate operations teams when repairs and maintenance are planned in advance. To maximize cost savings, equipment service requests can be scheduled at opportune times.
Reduced maintenance costs
An HVAC Report found that reactive service calls after equipment breakdowns cost three times as much as proactive ones. That's an average saving of $400 per call. By optimizing maintenance frequency, these savings become even greater when applying a predictive maintenance strategy. Predictive maintenance can reduce preventative maintenance costs while eliminating unplanned reactive maintenance.
Increased equipment lifespan
It is better for equipment to be well maintained so that it can perform better and last longer. Maintenance teams can react quickly when anomalies occur with data-driven predictive maintenance, reducing wear and tear and minimizing malfunctions. Machine learning (ML) algorithms are used to analyze the series of interrelated data points collected by building systems in order to predict future equipment performance issues. As a result, equipment lives longer, its value is maximized, and capital expenses are reduced.
Benefits of predictive maintenance
By correctly implementing predictive maintenance technologies, maintenance engineers and operations teams can gain several advantages. Taking advantage of predictive maintenance solutions can help achieve these benefits and help make the most of a program. Technology solutions that supplement predictive maintenance programs should also offer other features. Features such as advanced fault detection and diagnostics, root-cause analysis, and the ability to monitor and resolve set point issues may be included.
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